Blocktogo
Blocktogo (PT. Indonesia Blockchain Persada) is a Jakarta-based blockchain solutions provider offering consulting, tokenization, private blockchain development, and Web3 integration to Indonesian government ministries, state-owned enterprises, and private firms. Its flagship product is GIDR, Indonesia's first gold-backed stablecoin launched with Pegadaian.
- Company typePrivate
- Founded2019
- HeadquartersDki Jakarta, Indonesia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Blocktogo does
Blocktogo (legally PT. Indonesia Blockchain Persada) is a Jakarta-based blockchain solutions company founded in 2019 that provides consulting, tokenization, private blockchain development, Web3 integration, and training services primarily to Indonesian government ministries, state-owned enterprises (BUMN), and leading private firms. Its flagship product is GIDR (Gold Indonesia Republic), Indonesia's first gold-backed stablecoin, launched in June 2024 in partnership with state-owned Pegadaian, which serves as the gold custodian and supplier, with each token representing 1 gram of gold. Beyond GIDR, the company markets a portfolio of use cases including private blockchain infrastructure, blockchain-based digital identity, land ownership records, document tracing, and real-world asset (RWA) tokenization.
The technology stack centers on private blockchain environments, smart contract development, and Web3 integration, with the GIDR tokenization platform serving as the most visible productized outcome. In September 2025, Blocktogo became the first participant to complete the OJK (Financial Services Authority of Indonesia) fintech sandbox trial process for gold tokenization, providing a regulated pathway to commercial deployment in the financial sector. The company reports serving 100+ clients including Pegadaian, PERURI, Indodax, Tokocrypto, KBI, and IPB University, and maintains active membership in Asosiasi Blockchain Indonesia (ABI), IPB Brain, and Korika.
The business model is professional services-led, generating revenue through blockchain consulting, end-to-end blockchain development, Web3 integration projects, and training/workshops for enterprise and government clients. Pricing is not publicly disclosed and engagements appear to be custom and project-based rather than tiered or SaaS. Distribution is exclusively domestic Indonesian direct enterprise sales, leveraging regulatory credentials (OJK approval), association memberships, and named reference customers to build credibility with ministries and state-owned enterprises. The company is privately held, founder/management-owned, with no disclosed institutional investors, funding rounds, or M&A activity in the available record.
Blocktogo firmographics
Firmographics- Name
- Blocktogo
- Legal name
- PT. Indonesia Blockchain Persada
- Website
- https://blocktogo.id
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Blocktogo (PT. Indonesia Blockchain Persada) is a Jakarta-based blockchain solutions provider offering consulting, tokenization, private blockchain development, and Web3 integration to Indonesian government ministries, state-owned enterprises, and private firms. Its flagship product is GIDR, Indonesia's first gold-backed stablecoin launched with Pegadaian.
- Ownership category
- akta.pro rank
Blocktogo industry classification
Industry- Product category
- Enterprise Blockchain Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
- akta.pro secondary industries
- Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance) (FSAPAIAK)
Keywords
Where Blocktogo is headquartered
LocationHeadquarters
- HQ city
- Dki Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Blocktogo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Blockchain Consulting: Consulting and advisory services helping businesses understand and implement blockchain technology solutions tailored to their needs.
- Blockchain Development Services: End-to-end blockchain development including secure smart contract development, tokenization, and building decentralized applications for enterprise and government clients.
- Blockchain Training & Workshops: Skill-building sessions, mini bootcamps, and training programs designed to prepare employees for effective use of blockchain technology.
- Web3 Integration Services: Seamless Web3 integration services connecting traditional business systems with blockchain technology.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Blocktogo product offering
Product offeringCore offering
Blocktogo delivers enterprise-grade blockchain solutions for Indonesian government ministries, state-owned enterprises, and private companies. Its offerings include blockchain consulting, end-to-end smart contract and decentralized application development, real-world asset tokenization (anchored by the GIDR gold-backed stablecoin launched with Pegadaian), private blockchain infrastructure, Web3 integration, and professional blockchain training. The company also produces purpose-built solutions in digital identity, land ownership records, and tamper-proof document tracing.
Product overview
Blocktogo (PT. Indonesia Blockchain Persada) operates as a blockchain solutions company offering both core products and modular services. Core offerings include GIDR (Indonesia's first gold-backed stablecoin), Private Blockchain infrastructure, Digital Identity, Land Ownership Records, and Document Tracing solutions. Supporting services include Blockchain Research & Consulting, Blockchain Development, Blockchain Workshop & Training, and Web3 Integration. The company serves government ministries, state-owned enterprises, and private enterprises across Indonesia.
Differentiator
Problem solved
Functional benefit
Brands
- GIDR (Gold Indonesia Republic): Indonesia's first gold-backed stablecoin offering tokenized gold investment, launched in partnership with Pegadaian.
Products and services
- GIDR (Gold Indonesia Republic) Indonesia's first gold-backed stablecoin/token that represents 1 gram of physical gold per token, providing stability, transparency, and trust through backing by a gold supplier and custodian with over 100 years of industry experience. It serves Indonesian investors seeking accessible digital gold exposure and financial institutions integrating tokenized gold products.
- Private Blockchain Infrastructure
Quantifiable outcome
- First gold tokenization sandbox completion in Indonesia through GIDR partnership with Pegadaian, enabling gold investment accessibility through 1-gram token units
- +1 more outcomes
Companies that use Blocktogo
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Blocktogo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Blocktogo partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and minor.
- PegadaianflagshipBlocktogo partnered with Pegadaian (a state-owned financial services company) to launch GIDR, Indonesia's first gold-backed stablecoin. Pegadaian serves as the gold custodian and supplier, while Blocktogo provides the blockchain tokenization technology.
- IPB UniversitycoreBlocktogo signed a cooperation agreement (PKS) with IPB University to develop a Blockchain-based Halal Certification Program, providing safer, more transparent, and integrated solutions for halal producers in Indonesia.
- Asosiasi Blockchain Indonesia (ABI)coreBlocktogo is a proud member of Asosiasi Blockchain Indonesia (ABI) and actively contributes to association initiatives, helping drive the growth of the blockchain ecosystem in Indonesia.
- IPB BrainminorBlocktogo is listed as a partner of IPB Brain, collaborating on blockchain research and development initiatives in Indonesia.
- KorikaminorBlocktogo is listed as a partner of Korika (Indonesian Research and Innovation Collaboration), supporting blockchain research and innovation initiatives.
- PERURIcoreBlocktogo collaborated with PERURI (Perum Peruri, Indonesia's state-owned security printing and digital solutions company) to design blockchain-based digital asset systems and build private blockchain-based systems for enterprise use cases.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Blocktogo competitors and assessment
Company assessmentBroad incumbents
- Polygon Labs: Major enterprise blockchain infrastructure provider offering Layer-2 scaling and tokenization tooling — comparable as a broad incumbent in permissioned and public-chain enterprise blockchain deployments.
- Hedera Hashgraph: Enterprise distributed ledger platform (governed by major corporates) providing tokenization, digital identity, and supply chain solutions — comparable as a broad incumbent serving regulated enterprise and government use cases.
- ConsenSys: Large Ethereum-focused blockchain software and consulting company offering enterprise tooling, wallets, and integration services — comparable as a broad incumbent providing enterprise blockchain development and Web3 integration capabilities.
- Algorand: Enterprise-focused Layer-1 blockchain with a focus on regulated asset tokenization, central bank digital infrastructure, and government-grade applications — overlapping with Blocktogo's enterprise and regulated tokenization positioning.
Regional players
- Klaytn (Ground X / LINE): Asia-focused (Korea) enterprise blockchain platform built for tokenization, digital asset issuance, and large-scale consumer applications — comparable as a regional permissioned-chain platform pursuing similar SOE and enterprise accounts.
- Hashed: Korea-based blockchain venture builder and investor active across the Asian enterprise blockchain ecosystem — a regional comparable supporting tokenization and Web3 infrastructure across APAC.
- Pluang: Indonesian digital investment platform offering gold and other asset-backed digital investment products to retail users — comparable as an Indonesian regional player operating in the same gold-tokenization consumer market GIDR targets.
Direct peers
- R3: Enterprise blockchain platform company (Corda) that sells private/permissioned blockchain infrastructure and consulting services to banks, regulators, and large enterprises — directly comparable to Blocktogo's private-blockchain and tokenization deployments for state-owned enterprises.
- Tokeny: Enterprise-grade tokenization infrastructure provider enabling regulated financial institutions to issue and manage compliant digital assets — directly comparable to Blocktogo's regulated tokenization services targeting Indonesian SOEs.
- Securitize: Tokenization platform that issues, manages, and trades digital securities and regulated tokenized assets for financial institutions — closely comparable to Blocktogo's GIDR and RWA tokenization offerings in regulated financial services contexts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Blocktogo social profiles
Digital presenceBlocktogo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blocktogo leadership team
Management profileNumber of profiles
Blocktogo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blocktogo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Blocktogo
What does Blocktogo do?
Blocktogo delivers enterprise-grade blockchain solutions for Indonesian government ministries, state-owned enterprises, and private companies. Its offerings include blockchain consulting, end-to-end smart contract and decentralized application development, real-world asset tokenization (anchored by the GIDR gold-backed stablecoin launched with Pegadaian), private blockchain infrastructure, Web3 integration, and professional blockchain training. The company also produces purpose-built solutions in digital identity, land ownership records, and tamper-proof document tracing.
Is Blocktogo a public or private company?
Blocktogo is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Blocktogo founded?
Blocktogo was founded in 2019. It employs 11 to 50 people.
Where is Blocktogo based?
Blocktogo is headquartered in Dki Jakarta, Indonesia, in the Asia region.
How does Blocktogo make money?
Four revenue lines are on record. Blockchain Consulting is the primary driver. The others are blockchain Development Services, blockchain Training & Workshops and web3 Integration Services.
Who are Blocktogo's main competitors?
Broad incumbents on record are Polygon Labs, Hedera Hashgraph, ConsenSys and Algorand. Regional players are Klaytn (Ground X / LINE), Hashed and Pluang. Direct peers are R3, Tokeny and Securitize.
Does Blocktogo have an API?
No public API is recorded for Blocktogo.
What industry is Blocktogo in?
Blocktogo's product category is Enterprise Blockchain Services. Its primary akta.pro industry code is FSAPAIAJ, Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails), with a secondary code of FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum). Its NAICS code is 522320 and its SIC code is 6199.