Artikel

Digitalization of the bank bullion ecosystem in Indonesia ...represents a strategic step toward building a gold industry that is more integrated, efficient, transparent, and accessible. This development has become increasingly relevant now that Indonesia has a regulatory framework for bullion business activities through... OJK Regulation Number 17 of 2024, which encompasses gold deposits, gold financing, gold trading, gold safekeeping, and other activities by financial services institutions.

In 2026, the OJK will also launch Roadmap for the Development and Strengthening of Bullion Business Activities and Ecosystem 2026–2031, which specifically includes strengthening of infrastructure and technology as one of the priority strategies for developing the national bullion ecosystem.

Connecting the Entire Gold Value Chain

Digitalization enables the entire gold ecosystem value chain to be connected within a single infrastructure, ranging from:

Mining → Refinery & Assay → Trading → Custody → Financing → Investment → Digital Bullion

With an integrated digital system, information regarding gold assets, transactions, ownership, storage, and movement can be managed more effectively.

Digital Gold Trading

Digital platforms enable faster and more efficient access to gold transactions. Both individual and institutional clients can access price information, execute transactions, monitor portfolios, and view activity history through digital systems, in accordance with the applicable products and terms.

Digitalization can also help enhance transparency and reduce manual processes in gold trading activities.

Digital Gold Custody

In service Gold Custody, technology can be used to support ownership recording, asset identification, reconciliation, inventory monitoring, and reporting.

Thus, physical gold in custody can have documented and traceable digital data representation.

Digital Gold Financing

Digitalization can also enhance the efficiency of gold-based financing through processes such as... customer verification, asset valuation, financing application, value monitoring, through to administration and reporting.

This has the potential to accelerate the process while helping financial institutions improve risk management.

One Platform for the Bullion Ecosystem

The future of the bullion ecosystem may move towards a Digital Bullion Platform which integrates:

• Digital Gold Trading
• Gold Custody Management
• Gold Financing
• Institutional Services
• Corporate Gold Solutions
• Gold Portfolio Management
• Refinery & Assay Data
• Settlement & Reconciliation
• Market Intelligence
• Reporting & Analytics

Platforms like this can be a bridge between the public, investors, corporations, financial institutions, refineries, mining companies, gold traders, and various industry players.

Security Serves as the Foundation

Bullion digitization must be built with high security standards. The system needs to take into account... cybersecurity, user authentication, data encryption, audit trails, fraud prevention, data integrity, business continuity, and consumer protection.

This aligns with the OJK framework, which positions governance, risk management, compliance, anti-fraud measures, and consumer protection as essential components of bullion business operations.

Technology as the Infrastructure of the Golden Economy

Digitalization is not just about creating a gold buying and selling app. The larger goal is to build digital infrastructure for Indonesia's entire gold ecosystem.

With the right technology, gold-related data and activities can be connected from upstream to downstream, creating an ecosystem that is more... efficient, transparent, secure, and scalable.

The government and the OJK have prioritized the strengthening of infrastructure and technology within the 2026–2031 bullion roadmap, alongside downstreaming, governance, inter-sectoral coordination, and consumer protection.

The Role of Bullion in Bank Indonesia

For Bulion Bank Indonesia (BBI), digitalization can be the foundation for building a new generation bullion ecosystem—a Digital Bullion Ecosystem that connects physical gold with financial services and technology.

The vision is to create an ecosystem where:

Gold can be traded, stored, managed, financed, monitored, and digitally integrated within a trusted ecosystem.

With this approach, Bullion Bank Indonesia can take a role in encouraging the transformation of the national gold industry towards a sustainable ecosystem. modern, transparent, secure, inclusive, and globally competitive.

Bullion Digitalization — Transforming Physical Gold into an Integrated Digital Ecosystem.

Notes : Any BBI service constituting a bullion business activity must be aligned with the applicable institutional structure, licensing, products, and regulatory requirements.