Bank Indonesia (BI) has initiated the Indonesia Digital Innovation Hub (PIDI) in collaboration with the Indonesia Financial Services Authority (OJK), Indonesia Payment System Association (ASPI), Indonesia FinTech Association (Aftech), Indonesia Money Market and Foreign Exchange Market Association (APUVINDO) and Indonesian Banking Development Institute (LPPI).

BI said in a statement on Monday that PIDI aims to accelerate various digital solutions ready to implement in the industry, while expanding financial inclusion and providing tangible added value to the national economy.

The initiative is a strategic measure towards accelerating transformation of the digital economy and finance in Indonesia in line with the government’s Asta Cita program and vision of a Golden Indonesia in 2045 through the development of agile, innovative and globally competitive national digital talent.

“Digital transformation not only requires technological advancement, but also human resources who are capable of turning ideas into real solutions,

“Through PIDI, Bank Indonesia is developing a comprehensive ecosystem that enables innovative young talent to meet the increasingly complex needs of the digital industry, while strengthening financial system stability and nurturing inclusive economic growth,” stated BI Governor, Perry Warjiyo.

According to the statement, PIDI brings talent, regulators, industry players, and investors together into one collaborative ecosystem.

Bank Indonesia is also implementing the PIDI initiative through the Digdaya and Hackathon program. Digdaya (Impactful Digital Talent Development Program) provides a capacity building platform through structured training and tiered certification to enhance the competencies and professionalism of young digital talent.

Meanwhile, the Hackathon functions as a laboratory for national innovation as well as a space for collaboration to test ideas, develop prototypes and validate solutions based on real industry needs.

Through the Digdaya and Hackathon program, participants not only compete, but also receive structured training, certification, professional coaching and mentoring, business matching with the industry and job fairs.

The program focuses on solutions to three problem statements, namely: (i) strengthening financial innovation and resilience, (ii) increasing productivity, food security and job creation, and (iii) accelerating public services, the creative economy and exports of digitally delivered services (DDS).

Through collaborative efforts between the authorities, businesses and Indonesia’s young talent, Bank Indonesia also reaffirms its commitment to build a strong, secure, and globally competitive digital economic structure.

Through an integrated ecosystem, innovation is expected to not only remain an idea, but also become a tangible solution that increases efficiency, expands financial access and supports public welfare, said the statement.

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