Telkom Targets Web3 Innovation as a New Digital Business Line

"We have also recently launched a virtual non-business platform called Masjid Istiqlal. There, everyone can view the architecture of Masjid Istiqlal virtually," he mentioned.

Furthermore, Telkom plans to develop blockchain technology for monitoring supply chains in business processes, as exemplified in the case of halal certification.

In the implementation of halal certification, blockchain technology enables the tracking of the processes involved in obtaining halal certification for a product or food brand. To achieve this, Telkom is collaborating with various government institutions.

"We cannot disclose further details at this stage, but the potential is significant," he stated.

Blockchain technology can also be applied in other sectors, such as corporate storage management or product shipments.

Telkom is optimistic that Web3 will become a new digital business line in the future. In this context, the company will serve as an enabler for other businesses by offering various digital solutions.

"Telcos play a role as technology partners, not only in the blockchain field but also in many other areas. So, we do offer technology and solutions tailored to our clients' needs," he explained.

However, capitalizing on the Web3 world is not without challenges. Companies must exercise caution when investing in unproven technologies that have yet to demonstrate tangible impacts. Therefore, allocating company resources to new innovations becomes crucial.

According to Fajrin, regulatory matters also need to be addressed in collaboration with the government. Additionally, the issue of digital talent plays a critical role in transitioning to the Web3 era.

"Hence, we engage in numerous partnerships with universities and relevant parties for talent development," he noted.