Sagara Asia Blog

Author: Sagara Technology

  • 5G Signal in Indonesia is Still Not Optimal

    5G Signal in Indonesia is Still Not Optimal

    5G technology in Indonesia is currently being hotly discussed. However, the internet speed promised by this network is apparently still not optimal. What caused it?

    There is an assumption that the cause of this is the existence of 2G and 3G networks in Indonesia. This was conveyed by Opensignal as a company experienced in analyzing cellular subscribers in Indonesia. With the 2G and 3G network spectrum still available, 4G and 5G services will not be maximized.

    Mobile network upgrade

    “In recent years, Indonesia has experienced significant improvements in its cellular network experience. However, the way spectrum is used by cellular services limits Indonesia from realizing its full potential,” said Opensignal in a press release.

    Opensignal said that in order to increase efficiency and optimize the use of available frequency bands, operators in Indonesia have begun to renew parts of the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz bands for 4G.

    However, operators still rely on the 900 MHz and 1800 MHz bands to provide 2G and 2100 MHz for 3G services to support services for some customers.

    “If the frequency band can be used for 4G services, the cellular experience in Indonesia will improve, because 4G and 5G networks are more efficient in using spectrum capacity compared to the old 2G and 3G technologies,” he said.

    “Standards from the latest technology can support faster speeds, use more data, increase users on the same frequency band compared to 2G and 3G,” he continued.

    Frequency auction by the Ministry of Communication and Information

    Some time ago, the auction for the 2.3 GHz frequency held by the Ministry of Communication and Information was won by Telkomsel and Smartfren, which received additional 20 MHz and 10 MHz spectrum, respectively. This auction is to support the availability of 4G and 5G implementation.

    Opensignal’s data shows that there is a gap in mobile network user experience between 3G and 4G users. If the migration of 3G to 4G customers is carried out, it is said that it can benefit Indonesia in the future.

    “Based on our analysis, the main reason users don’t feel the benefits of 4G is because they don’t subscribe, not because of 4G coverage. As Indonesia progresses towards 5G, operators in Indonesia will benefit if users migrate from 3G to 4G and update 2G/3G spectrum bands. to 4G services,” explained Opensignal.

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  • Dogecoin, a Popular Cryptocurrency other than Bitcoin

    Dogecoin, a Popular Cryptocurrency other than Bitcoin

    When it comes to cryptocurrencies or digital currencies, most people immediately think of Bitcoin. But besides Bitcoin, there is also another cryptocurrency that is no less popular, namely Dogecoin.

    According to CNN, this digital currency has been circulating quite a lot with a value of almost 50 billion United States (US) dollars or around Rp. 700 trillion. According to CoinMarketCap, it is the 5th most valuable cryptocurrency on the market, and its value has increased by more than 6 thousand percent this year.

    The price of Dogecoin doubled again after Tesla CEO Elon Musk tweeted about the coin. Demand for that has also surged so much this week that it has caused disruptions to the Robinhood cryptocurrency trading system.

    Here are some things you should to know about it.

    1. Dogecoin and other cryptocurrencies

    Like all cryptocurrencies, Dogecoin is a digital currency that can be bought and sold, made into an investment tool and spent like money.

    Although each crypto is unique, Dogecoin has some similarities to other cryptocurrencies. One of those similarities is that the code is based on script like Litecoin. But there are also some key differences between this coin and the others, for example in terms of quantity, which is much more than Bitcoin.

    Bitcoin is the most popular cryptocurrency, it has set its maximum number of coins at 21 million. It has 129 billion coins in circulation and will continue to make new coin blocks available for mining every year.

    This factor of the number of coins has been one of the causes of the difference in the price of the two coins.

    2. Function of Dogecoin

    Although cryptocurrencies are increasingly accepted as a currency for buying goods, Dogecoin is not widely used in the real world. The coin has several niche markets, including using Dogecoin to tip online artists.

    The coin is also widely used in an active online community, which makes this unique currency so popular. The community active on Reddit has raised money in Dogecoin, for charitable causes. In 2014, succeed to raise funds from sponsors to get Nascar driver, Josh Wise, to advertise Dogecoin on his car.

    3. The beginning of the discovery

    Dogecoin was created by a pair of software engineers on December 6, 2013 as a joke. Initially, IBM programmer from Portland, Oregon, Billy Markus wanted to create a different cryptocurrency from Bitcoin which was created by a mysterious person. Markus wants his coin to be open to the public.

    Markus then seeks help to realize his strange dream and meets Jackson Palmer, who works for Adobe. Palmer then bought the domain Dogecoin.com which was inspired by the “doge” meme of the shiba dog. Who is also now the coin’s mascot.

    4. Why is Dogecoin suddenly so popular?

    Dogecoin’s popularity has soared in part because it was fueled by the popularity of other cryptocurrencies. But this currency skyrocketed after Elon Musk often mentions it in his Twitter posts. Dogecoin is also popular due to its supportive community on the messaging app Reddit.

    However, it is not known for certain whether Dogecoin is a smart investment instrument or not. On the other hand, it is just as volatile as Bitcoin.

  • Advantages and Disadvantages of Cryptocurrency

    Advantages and Disadvantages of Cryptocurrency

    Cryptocurrency, a virtual currency as part of blockchain technology, is becoming a hot topic for everyone in all parts of the world, including Indonesia.

    Cryptocurrency can be used for investment purposes, trading, mining, to transaction tools. Even so, cryptocurrency has its advantages and disadvantages.

    The first advantage of this currency is that it is universal. We can use this currency without any conditions, including when they want to buy it.

    The second advantage, this currency allows fast transactions. Cryptocurrency do not require a third party such as a bank to act as an intermediary in conventional financial transactions.

    The next advantage, cryptocurrency is transparent. Users can see all transactions made. However, only the transaction value can be known.

    Lastly, cryptocurrency have the advantage that they can be traded 7 days 24 hours. This means that cryptocurrency transactions can be done at any time. This is certainly different from conventional financial transactions that can only be done on weekdays.

    On the other hand, cryptocurrency also have disadvantages. One of them is the existence of loopholes for crime. Illegal transactions can also be carried out.

    The next disadvantages, when you lose your password. When the user forgets the password, all the money they have can be lost. This can happen because until now, cryptocurrencies still do not have a third party, such as banks in conventional financial transactions, who can cover this issue.

    Then, the last disadvantages is that in Indonesia, crypto currency is still considered a commodity, not a transaction tool. In other words, crypto currency transactions in Indonesia are still not available. So, that’s the advantages and disadvantages of cryptocurrency.

  • Digital Marketing Channels for Business

    Digital Marketing Channels for Business

    Digital marketing channels are platforms that you can use to reach your audience or target customers that can contain information about your brand, product, or service. 

    Not all digital marketing channels are suitable for each of your business goals. Some are more suitable for certain types of audiences, so you need to know which channel is right for your business.

    Here are the 5 most profitable digital marketing channels for businesses:

    1. Website

    A website is one of the must-have tools for your business because this platform can display details about your business brand, products, and services.  

    Various studies also mention that the website platform is effective even more than 50%. Whatever business you are in, you should still have a website.  

    2. Email

    Email marketing is considered one of the effective online marketing methods. It is estimated that there will be around more than 3.9 billion users in 2020.

    In addition, email is also a platform that is cheap and can be scheduled for delivery, so it can save time and money.

    3. Social Media

    Today’s social media users are very large, it is estimated that there are around 4 billion people. Not only for personal communication, now social media is growing a lot, one of which is to run a business.

    There are many social media that can be use, including Instagram, Twitter, Facebook, LinkedIn, and others. In addition, social media for basic features can be use for free.

    4. Search Engine Optimization (SEO)

    Having a well-designed website will not necessarily result in the ideal number of visits. In order to achieve this goal, SEO is need.

    The purpose of SEO is to place a website in the top position on a search engine based on certain keywords.

    If a website is in the top position in search results, it has a great opportunity to be visit by visitors.

    5. Google My Business

    Google My Business is a quick and easy method for businesses, products, brands, artists and organizations to manage their online profiles with Google.

    Through the Google My Business dashboard, you can manage up-to-date information about your business on Google.  

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  • Tesla Bitcoin Purchase Worth Rp 21 Trillion

    Tesla Bitcoin Purchase Worth Rp 21 Trillion

    Elon Musk’s electric car company, Tesla, just bought bitcoin worth 1.5 billion US dollars or the equivalent of Rp 21 trillion. So, what is the purpose of Tesla buying this fantastic amount of cryptocurrency?

    The Purpose of Tesla Bitcoin Purchase

    The electric car manufacturer disclosed in a document filed with the US Securities and Commerce Commission (SEC), the bitcoin purchase was made to encourage diversification of payments. This purchase also acts as an investment in digital assets that the company will own in the long term.

    “The company is buying Bitcoin for more flexibility to diversify and maximize our cash returns,” Tesla said.

    Cryptocurrencies as a form of payment

    Tesla added that the company is going to be accepting cryptocurrencies as a form of payment soon. The awaited realization of this plan will make Tesla becomes the first car manufacturer to implement this method of financing.

    “In addition, we expect to start accepting bitcoin as a form of payment for our products in the near future, subject to applicable law,” Tesla added.

    After buying bitcoin, Tesla’s stock price goes up

    The purchase of Tesla in large quantities also contributed to the increase in the price of bitcoin. The said cryptocurrency value touched the figure of $44,200 (around Rp 619 million). Before the rise, Tesla bought bitcoin at $33,000 (around Rp 472 million) on average. Tesla’s share price also rose more than 2 percent yesterday.

    As is known, Elon Musk as the owner of Tesla is indeed keen to promote digital currency through his tweets on Twitter. Musk is diligent in Twitter, tweeting to invite his followers to start their investment through digital currencies like bitcoin and dogecoin.

    The price of dogecoin reportedly shot up 35 percent from $0.048356 to $0.065448 after Elon Musk tweeted it. This event is the highest increase dogecoin has ever experienced.

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  • 5 Google Search Features That Are Rarely Known

    5 Google Search Features That Are Rarely Known

    Google is the most popular search engine today. Many things people search through Google. Starting from news, football match scores, definitions of certain terms, to online shopping products. Google has become a place for people to depend on their search for information. 

    Launching Oberlo, in 2020, Google Search traffic averaged 3.5 billion per day. However, did you know there are some hidden features on Google that are interesting to try?

    Some of them are also quite useful for daily activities. What are these features? The following are Google Search features that are rarely known to people.

    Stopwatch / Timer

    Suddenly need a timer or stopwatch while working at the computer? No need to reach for your watch or phone to open the stopwatch app.

    You can use stopwatches and timers directly from the Google search engine. The method is quite easy. Enter the keyword “stopwatch” or “timer” in the Google search field. Click “stopwatch” if you need to calculate the duration or select “timer” to set a time limit for something.

    You can set the required time by clicking on the number, then adjust the desired time. When the time is up, an alarm sound will sound as an alert.

    Domain Search

    Usually, when we search for an issue on Google Search, the search results will provide various sites related to the search query. It is quite confusing if you want to get information from certain sites, such as government sites.

    But don’t worry, there is a way to outsmart it. Just add “site: (domain)” in front of the keyword. For example, if you want to find information related to the corona from the DKI Jakarta Provincial government, the query you enter into Google Search is “site: go.id corona Jakarta”. Then, the top search that appears is the official website of the DKI Jakarta government regarding the corona.

    Looking for IP Address

    If you suddenly need an IP address for some purpose, there’s no need to be confused. You can find out the IP address via Google Search by entering the keywords “my ip” or “what is my ip”. Then, Google will immediately tell you the IP address you need.

    Matching Time Zone

    During the pandemic, many employees at foreign companies have to match schedules with colleagues abroad. Differences in time zones are often an obstacle to conducting virtual meetings.

    For example, a colleague requests a virtual meeting at 10:00 US time. No need to bother calculating the time difference to adjust the schedule in Indonesia. Just enter a keyword like “US time 10am”. Google will immediately give you the time where you are.

    Trivia and Games

    If you feel bored with the information circulating, there’s nothing wrong with looking for entertainment on Google Search. Try entering the keyword “fun facts” in the Google search field. Later, Google will provide some brief information in the form of random trivia about any information. The information can be in the form of the history of an object, place, character, to astronomical knowledge.

    Below the trivia, there is a link that directs the user to dig deeper into the information. Not enough? Calm down, under trivia there are some light games to relieve fatigue.

    Just click the down arrow and a row of light games will appear such as Snakes, Tic Tac Toe, Solitaire, Pac-man, and several others.

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  • Will Bitcoin Experience a Financial Crisis?

    Will Bitcoin Experience a Financial Crisis?

    This one cryptocurrency gets a breath of fresh air which makes it now more widely accepted. One of the giant US banks, Morgan Stanley, offers access to bitcoin financial to its wealthy customers.

    Rising Bitcoin prices attracted the attention of major banks in the United States, especially after institutional investors to large companies began to enter the bitcoin market, one of which was Tesla.

    Morgan Stanley does not grant access rights and restricts investment

    However, Morgan Stanley as the first major bank in the United States also does not provide this access to all customers, for now, Morgan Stanley only allows clients who have an aggressive risk tolerance level, who have at least $2,000,000 in company funds under financial management.

    In addition, Morgan Stanley only limits bitcoin investments to 2.5% of their total net worth. If Morgan Stanley’s move is applied by other major banks, it is possible for bitcoin to continue to rise to record highs.

    Harnett does not give a prediction that bitcoin will lose

    Hartnett sees bitcoin rising far from rising assets that experienced a bubble, for example, the price of gold rose 400% in the late 1970s. These assets shot up to 3-digit percentage points before crashing and resulting in significant losses. However Hartnett does not provide a prediction that bitcoin will lose money, he only shows bitcoin as an example of increasing speculation.

    The market cap for bitcoin and all cryptocurrencies has increased many times based on the Coin market cap, the current bitcoin market cap is nearly $1.1 trillion. This capitalization is equivalent to the value of Indonesia’s gross domestic product. According to Mobius, the rise in cryptocurrencies is one of the reasons the stock market is strengthening because many bitcoin players are willing to take risks in other assets.

    Read also more Sagara’s Article here.

  • Coronavirus Has The Potential to Bring Many Impacts

    Coronavirus Has The Potential to Bring Many Impacts

    The spread of the Coronavirus or COVID-19 has the potential to bring many impacts on the national and international economy, course even though the impact is more negative, or more difficult to survive, as is the case with many industrial supply chains or global businesses that depend on China, and with the issue of the spread of the virus. Coronavirus or COVID-19 the supply chain has been disrupted.

    But still believe that there must be light in the dark, even though there are many impacts from the disruption of exports – imports or supply chains from China or other countries affected by the Coronavirus or COVID – 19 outbreak, it becomes a challenge for entrepreneurs to be forced to rack their brains, find Another alternative in order to be able to continue to struggle in the current condition of the Coronavirus or COVID-19 outbreak.  

    Positive things that can be learned from the pandemic

    Opportunity strengthens the domestic economy, as said Director of the Department of Economic and Monetary Policy BI IGP Wira Kusuma “From an external export side as the present conditions by Coronavirus or COVID – 19 we might not rely too much on economic growth from the external side. Then, how? Yes, we really optimize the domestic demand. How to keep consumption. What kind of consumption? We take care of inflation, we maintain our purchasing power. BI is there at the forefront of maintaining this stability,” he said. So at times like this, the government is forced to prioritize to always focus on strengthening domestic purchasing power rather than attracting profits from abroad.

    Director of the Department of Economic and Monetary Policy BI IGP Wira Kusuma

    As an example of a business opportunity in the midst of the Coronavirus or COVID-19 outbreak, it is opening up opportunities for business for agricultural MSME actors, especially farmers of herbal and herbal medicinal plants to develop, because many Indonesian people like it to maintain their immune system which really needs to be maintained when – times like this. In addition to maintaining personal health from within each other, it is also necessary to prevent the spread of the impact of the Coronavirus or COVID-19 by social distancing. 

    Prevention of the spread of the virus with Social Distancing

    With social distancing and quarantine at home by the government, of course, changing social behavior and community work, such as Work From Home which people can do when the Coronavirus or COVID-19 is endemic, or Learning From Home for students who are still in school, and in the public sector. This is an opportunity for operators as internet network providers because there are so many people who depend on internet connections during this quarantine, such as meetings via video calls, or just relaxing with friends and family, saying hello, and relaxing on social media, looking for entertainment through movies. , music or add insight from online courses.

    Food Delivery Courier Service

    Not to forget, the stomach problem was also resolved with the delivery of food delivery services which are increasingly in demand by the public amidst the social distancing carried out by the government to reduce the spread of the Coronavirus or COVID-19, even so, couriers must be kept clean because they are the most crucial because they are the guard. those who are still working to meet the food needs of the people who are quarantined at home. Therefore the best prayer may always be given health for workers who do require to leave the house for the common good, and hopefully, the Coronavirus or COVID-19 outbreak will end quickly.

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  • 7 Brokers Buying and Selling Bitcoin in Indonesia

    7 Brokers Buying and Selling Bitcoin in Indonesia

    In addition to saving, doing business, and investing in stocks, buying and selling bitcoins is also on the rise. In fact, the best bitcoin trading brokers in Indonesia have also appeared, and you must know.

    What is Bitcoin?

    Bitcoin itself is an investment instrument, in the form of an electronic currency, which has the potential to maximize profits.

    Bitcoin was also newly created by someone, who used a pseudonym, namely Satoshi Nakamoto, in 2009.

    In Indonesia itself, the status of bitcoin is legal or legal if it is owned. However, bitcoin becomes illegal, if it is used as a means of payment.

    How Bitcoin Works?

    Unlike other investments, bitcoin is commonly used, in a transaction system via the internet, and without any intermediaries.

    Not using bank services, bitcoin actually uses a peer to peer (P2P) system.

    In addition, bitcoin currency is also different from currencies in general. As for this bitcoin, it does not depend on one major currency issuer.

    This bitcoin distribution uses a database. After that, pass it to the nodes of the P2P network to the transaction journal.

    The price of bitcoin itself can reach hundreds of millions, in 2017. So, bitcoin is now widely used for trading, as part of a profitable investment.

    Where Are Bitcoins Stored?

    Instead of being stored in the form of a bank account, bitcoins are stored on a computer, which already has a wallet file format. The wallet can also be provided by a third party.

    Best Bitcoin Buying Broker in Indonesia

    1. Zipmex

    The first best bitcoin trading broker is Zipmex.co.id. Launched in 2019, Zipmex is an Indonesian Bitcoin trading site, which is actively playing in the crypto market.  

    Initially, Zipmex was a Bitcoin mining factory, then finally launched its trading place, in the form of a website and also a mobile application.

    As for you can download it, on the Play Store. In addition, Zipmex also caters for many crypto currency trading, especially Zipmex Token or ZMT, apart from Bitcoin.

    2. Coinone Indonesia

    The next best bitcoin trading broker is Coinone Indonesia. Not only successful in Indonesia, initially this site has been successful in South Korea.

    For security issues, this site is monitored by an IT team from Korea, even Coinone promises security, for its users, so that they can trade in peace.

    3. Triv

    Then there is Triv, which is the best bitcoin trading broker, in Indonesia. Not only as a digital currency portal (crypto assets), but also Paypal.

    So, on this site you can buy various digital currencies, through the Triv platform.

    In fact, Triv also launched Tpro as a special platform, to trade crypto assets, such as Bitcoin and other crypto assets.

    4. Bitocto

    Only two years in operation, this best bitcoin trading broker is called Bitocto. The services provided by Bitocto are buying and selling digital assets easily and safely.

    To use it, all you have to do is visit the Bitocto website, register, and start trading on the Bitocto platform.

    5. Bityard

    The next best bitcoin trading broker that is no less prominent in the world, is Bityard.

    Headquartered in Singapore, the exchange caters to crypto enthusiasts in up to 150 countries.

    Because it is already reputable and trusted, so this site is able to trade assets safely, easily, and quickly.

    Not only that, just like other brokers, Bityard also offers various crypto assets, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and others.

    6. Remitano

    Not only through the site, the best bitcoin trading broker Remitano, it can also be done face to face, or meet each other, to offer crypto prices.

    In addition, the price of crypto, which they want to offer can also be adjusted according to their wishes.

    Well, this is where you can find various crypto prices. So, you are free to choose, which one you want to buy.

    In fact, when you want to sell it, you can also set your own price.

    7. Indodax

    Finally, there is the best bitcoin trading broker, namely Indodax.com. Besides being the best, Indodax is also one of the largest Bitcoin trading sites, the first to be established in Indonesia.

    The reason is, Indodax was first established in 2013 under the name Bitcoin.co.id. Subsequently, he changed his name to Indodax.com.

    However, it doesn’t just disappear, Bitcoin.co.id, has been reactivated separately, as a place to buy/sell crypto assets.

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  • Financial Software Advanced by FinX

    Financial Software Advanced by FinX

    FinX builds advanced financial software that helps businesses dominate the competitive financial industry to become competitive agile and flexible.

    Introducing Sagara Technology

    Introducing Sagara Technologies. FinX.

    FinX has established a P2P lending or crowdfunding library for your financial software systems.

    First is the online loan submission where on the one hand user or the borrower is able to submit their personal data in order to borrow the loan. On the other hand, the admin assesses the information submitted to give the scoring in the form of numeric, documents, or text.

    How Financial Software Works?

    The user submits their personal data like their ID card with a selfie which will then be sent to Dukcapil for the authentication process. Related to the numeric input as previously mentioned the admin approves the data submitted by the borrower and sees the scoring and it will automatically update the loan grade.

    When the borrower passed the digital verification along with the scoring, the admin carries out an assessment or analysis to either approve and reject the loan. The admin publishes the loan in the marketplace where the lender funds the loan to the borrower.

    And lastly, when the funds have been collected the admin can make disbursements for the approved borrowers.

    Four Fintech Category

    At the same time, FinX provides the four fintech categories in our library, such as :

    Investment and risk management

    Payment, clearing, and settlement

    P2P lending and crowdfunding

    Market aggregator

    With FinX it is scalable provides competent tech expertise and is fast.

    Sagara’s dedicated fintech developers foster a deep understanding of the financial regulatory and frameworks, where we composed advanced risk analytics and compliance management solutions. Ready to accelerate your fintech service?

    FinX, a complete tech solution for the financial industry.

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