Critical Analysis of Increasing Community Economic Growth in the Digital Era; Perspective on the use Adopt of Islamic Fin Tech and Blockchain in Indonesia

Technological and financial developments encourage changes in people’s attitudes and behavior. This development has an impact on economic growth. Community behavior will influence economic growth in the digital era. This paper aims to conduct a critical review of society’s economic growth in the digital era, with a focus on the use of Islamic Fin Tech (Financial Technology) and Blockchain technology in the context of Islamic finance. This research uses a descriptive qualitative analysis approach to describe the reality that occurred. The results of the analysis show that the birth of the theory of utilitarianism was caused by the desire to achieve social welfare that is beneficial globally and between communities, resulting in an increase in overall economic growth in society by adopting Islamic Fin Tech and Blockchain technology. Researchers study people’s behavior, thereby giving birth to a perspective based on pragmatic thinking and a scientific lens, even for studying social phenomena. The utilitarian theory approach which has value relevance to the use of technology and finance to improve the community’s economy is used for mutual benefits and improves the economy of each individual. The values that exist for improving the community’s economy from the perspective of Islamic Fin Tech and Blockchain are for community welfare, justice and equality, used by applying ethics and privacy, and built to support sustainable development