100 The World Financial Review July - August 2019 Blockchain, Poverty and Time Travel to 2030 We all know the story. Government made a forecast of its expenditures and revenues in every fscal year; Government disbursed the funds, poverty rate decreased, income inequality stayed volatile. Everything was in balance until the UN announces SDGs (Sustainable Development Goals, a joint agreement to make the world in its best possible form by 2030, without a single person living in less than 1.90 US Dollar a day. Now policymakers have been craving for a solution to realise this demanding goal. Blockchain quickly intrudes Blockchain BY NAMIRA SAMIR into the life of many, including those sitting at the highest level of leadership. Sadly, many would think of it as a trivial revolution. Will time change our mind? It is the year 2030, and Indonesia, after an utter failure of reaching the 0% of poverty rate by 2030 professed “If only I had the chance to do one thing differently, it was to adopt Blockchain technology nationally when it was frst being introduced”. U N set an ambitious goal for year 2030, one of which is to completely eliminate poverty in its multidimensionality. The 193 member states concurred the agenda and adopted them since the year 2015. Despite agreeing with this collec- tive objective, Indonesia encounters tremendous challenges in tackling depri- vation. It is, as we all aware, a home to diversity. Its population are divided into fve main islands which encompasses 34 provinces with distinctive livelihood activities subjected to socio-economic conditions in that particular area. Poverty, which happens to be the result of inability to fulfl basic necessities, is infuenced by access to opportunities. Deprived households in regions with extreme distance from populous cities which have been associ- ated with persistent growth tend to have far less opportunity for improvement. Economics 101 would tell us that there are two main approaches on how a country can address poverty; macro- economics and microeconomics. The former stresses on how external factors such as infation, consumer buying power, and declined economic growth would cause turbulence that only makes the poor worse off. Meanwhile, the