281 © The Author(s) 2021 M. M. Billah (ed.), Islamic FinTech, https://doi.org/10.1007/978-3-030-45827-0_16 CHAPTER 16 The Optimization of Blockchain for Greater Transparency in Zakat Management Irfan Syauqi Beik, Muhammad Hasbi Zaenal, and Abdul Aziz Yahya Saoqi Abstract Technology has developed rapidly in the last decade. Many business sectors have been affected by technological changes. They are required to adapt their business process to the latest technology. The digi- talization of fnancial services became proof that technological changes have shifted the traditional services in fnancial institutions. One of the innovations developed in digital services today is blockchain technology, which was frst developed in 2008 by someone with a pseudonym Satoshi Nakamoto. The uniqueness and advancement of the blockchain technol- ogy may be utilized and adopted by any institution, including zakat insti- tution in managing zakat funds more accountable, effective, ef fcient, and transparent. Hence, the blockchain technology could assist zakat institu- tion in improving its sound amil governance. Thus, the paper aims to I. S. Beik (*) IPB University, Bogor, Indonesia BAZNAS, Jakarta, Indonesia e-mail: irfan_beik@apps.ipb.ac.id M. H. Zaenal • A. A. Y. Saoqi BAZNAS, Jakarta, Indonesia