• Complex
  • Title
  • Keyword
  • Abstract
  • Scholars
  • Journal
  • ISSN
  • Conference
搜索

Author:

Shahzad, Muhammad Farrukh (Shahzad, Muhammad Farrukh.) | Xu, Shuo (Xu, Shuo.) (Scholars:徐硕) | Lim, Weng Marc (Lim, Weng Marc.) | Hasnain, Muhammad Faisal (Hasnain, Muhammad Faisal.) | Nusrat, Shahneela (Nusrat, Shahneela.)

Indexed by:

SSCI AHCI Scopus

Abstract:

Cryptocurrencies-i.e., digital or virtual currencies secured by cryptography based on blockchain technology, such as Bitcoin and Ethereum-have brought transformative changes to the global economic landscape. These innovative transaction methods have rapidly made their mark in the financial sector, reshaping the dynamics of the global economy. However, there remains a notable hesitation in its widespread acceptance and adoption, largely due to misconceptions and lack of proper guidance about its use. Such gaps in understanding create an opportunity to address these concerns. Using the technology acceptance model (TAM), this study develops a parsimonious model to explain the awareness, acceptance, and adoption of cryptocurrency. The model was assessed using partial least squares structural equation modeling (PLS-SEM) with a sample of 332 participants aged 18 to 40 years. The findings suggest that cryptocurrency awareness plays a direct, positive, and significant role in shaping cryptocurrency adoption and that this positive relationship is mediated by factors that exemplify cryptocurrency acceptance, namely the ease of use and usefulness of cryptocurrency. The results also reveal that trust is a significant factor that strengthens these direct and mediating relationships. These insights emphasize the necessity of fostering an informed understanding of cryptocurrencies to accelerate their broader adoption in the financial ecosystem. By addressing the misconceptions and reinforcing factors like ease of use, usefulness, and trust, policymakers and financial institutions can better position themselves to integrate and promote cryptocurrency in mainstream financial systems.

Keyword:

Author Community:

  • [ 1 ] [Shahzad, Muhammad Farrukh]Beijing Univ Technol, Coll Econ & Management, Beijing, Peoples R China
  • [ 2 ] [Xu, Shuo]Beijing Univ Technol, Coll Econ & Management, Beijing, Peoples R China
  • [ 3 ] [Lim, Weng Marc]Sunway Univ, Sunway Business Sch, Sunway, Selangor, Malaysia
  • [ 4 ] [Lim, Weng Marc]Swinburne Univ Technol, Sch Business Law & Entrepreneurship, Hawthorn, Vic, Australia
  • [ 5 ] [Lim, Weng Marc]Swinburne Univ Technol, Fac Business Design & Arts, Kuching, Sarawak, Malaysia
  • [ 6 ] [Hasnain, Muhammad Faisal]Univ Agr Faisalabad, Dept Chem, Faisalabad 38000, Pakistan
  • [ 7 ] [Nusrat, Shahneela]Beijing Univ Technol, Coll Environm & Life Sci, Beijing 100124, Peoples R China

Reprint Author's Address:

  • 徐硕

    [Xu, Shuo]Beijing Univ Technol, Coll Econ & Management, Beijing, Peoples R China

Show more details

Related Keywords:

Related Article:

Source :

HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS

Year: 2024

Issue: 1

Volume: 11

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 43

ESI Highly Cited Papers on the List: 4 Unfold All

  • 2024-11
  • 2024-11
  • 2024-9
  • 2024-9

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

Affiliated Colleges:

Online/Total:1166/5331036
Address:BJUT Library(100 Pingleyuan,Chaoyang District,Beijing 100124, China Post Code:100124) Contact Us:010-67392185
Copyright:BJUT Library Technical Support:Beijing Aegean Software Co., Ltd.