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904 results · page 21 of 38
Ming‐Hui Wen, C. Derrick Huang, Ying-Chen Chen, I.-Ching Lin
No abstract is available for this record.
Chien Thang Pham, Trang Ta Thi Nguyet
Blockchain technology is being applied worldwide. Although a large body of blockchain research has been conducted in various fields, little is known about press perspectives on adopting blockchain in journalism. This study explores the determinants of applying blockchain in journalism activities in Vietnam. Based on Unified Theory of Acceptance and Use of Technology (UTAUT) and previous research, we surveyed 287 people working at press agencies in Vietnam. The results from testing nine research hypotheses show that five factors, namely Technology Affinity, Effort Expectancy, Facilitating Condition, Technology Readiness, and Regulatory Support, positively impact the intention of applying Blockchain in journalism activities in Vietnam. Two factors, namely Performance Expectancy and Trust, were not positively strongly correlated to the use of blockchain. Besides, Regulatory Support is found to have a moderating effect on the relationship between Facilitating Condition and Behavioral Intention.
Luke Kowalski, William H. Green, Simon Lilley, Nikiforos S. Panourgias
Cryptocurrencies were supposed to replace traditional payment methods when they were invented over 13 years ago, but adoption by the general consumer is still lacking, at least in the United States. Instead, crypto is often used as a speculative investment, by illicit actors, or for use cases unrelated to everyday purchases. A literature review on general adoption barriers and interviews with experts has only unearthed factors like usability, performance, and political drivers, among other barriers. Brand as an adoption barrier is mostly missing from literature, at least for cryptocurrencies. This led to the formation of a hypothesis related to crypto’s lack of adoption as a payment method. A framework is being designed based on the technology adoption model to find out if “brand” has an impact on cryptocurrency adoption, which was paradoxically designed to be brandless and not needing any institutional trust. The intent is to focus on what “Bitcoin 2.0” might look like, and to also delve further and gauge perceptions about various types of brands getting involved in the next generation of cryptocurrencies, including traditional banks, governments, technology companies, and also some of the decentralized and hybrid consortia currently vying to get consumers to use stablecoins, nation-issued cryptocurrencies, and other forms of digital instruments. While other studies had focused on trust, early adopter usability, or performance of blockchain networks, this work intends to focus on the general consumer’s perceptions about digital money, and the types of brands and evolution of this instrument liable to increase uptake.
Garima Joshi, Prabodh Narayan Gour, Pravesh Soti, Ankit Aggarwal · 6 authors
No abstract is available for this record.
Vizaad Ali, Azah Anir Norman, Saaidal Razalli Azzuhri
Trust is the concept that lies amidst the rhetoric on empowering users with blockchain. Bitcoin's eminence hyped as “trust-free,” poignantly made trust an indispensable central element associated with the complexities and uncertainties of online transactions abound in the use and development of blockchain - leaving many users unacquainted with the use of it. Studies focusing on assessing the trustworthiness of the trustee using various characteristics are scant in this context. Mapping the characteristics which constitute the basis of the formation of trust from the viewpoint of the trustor, this study explores the characteristics of blockchain. Semi-structured interviews were conducted with 14 individuals (aged 20–40 years, from the technical and/or business prospect), using blockchain. Three overlapping procedures; data reduction; data display; and conclusion drawing and verification, were used to identify categories and themes. The findings show that the characteristics of blockchain which influence trust were Reliability, Integrity, Tamper-proofing & Immutability, Versatility, Transparency and Privacy. The blockchain is a functionally versatile, tamper-proof, immutable, asset database on a decentralised network. Its reliable technical features that ensure data integrity, and provide a transparent privacy protected environment, have meant that users are willing to trust it, to generate value.
Adhi Prakosa, Ahsan Sumantika
The rapid growth in the number of cryptocurrency investors is a phenomenon that occurs during a pandemic.Investing in the capital market and cryptocurrency sectors has become a new lifestyle among young people in Indonesia.The majority are beginner investors or just joining the investment for the first time.They are chasing high profits from this newborn trading trend.A vast increase in the number of investors emerged in Indonesia.The high gain achieved from trading cryptocurrencies appeals to novice investors.Many young people are starting to invest in cryptocurrencies.The phenomenon is using funds for investment, even from borrowed money or debt.This study tries to develop a model regarding what factors influence behavioral intention to invest in cryptocurrencies.Factors that affect awareness, belief and attitude toward cryptocurrencies are assumed to influence.The study then examines whether attitudes toward cryptocurrencies mediate behavioral intentions to invest.The population in this study is students who know about cryptocurrencies.The sample in this study was 100 students in Yogyakarta.The method used is Structural Equation Modeling (SEM) analysis based on variance, i.e., Partial Least Square (PLS).The attitude variable partially mediates the behavioral intention to invest in cryptocurrencies based on the study results.
Surajit Bag, Muhammad Sabbir Rahman, Shivam Gupta, Lincoln C. Wood
Purpose The success of SMEs' financial and market performance (MAP) depends on the firms' level of blockchain technology adoption (BCA) and identifying the crucial antecedents that influence SMEs' adoption. Therefore, this research attempts to develop an integrated model to understand and predict the determinants of BCA and its effect on SMEs' performance. The purpose of this paper is to address this issue. Design/methodology/approach The theoretical foundations are the technology–organization –environment (TOE) framework and the resource-based view (RBV) perspective. The authors distributed a survey to SMEs in South Africa and received 311 responses. The covariance-based structural equation modeling (CB-SEM) followed by the artificial neural network (ANN) technique was used for the data analysis. Findings The SEM results showed that SMEs' relative advantage, compatibility, top management support (TMS), organizational readiness (ORD), competitive pressures (COP), external support, regulations and legislation significantly influence SMEs' BCA. However, complexity negatively impacts SMEs' BCA. The analysis results also revealed that SMEs' BCA significantly influences the financial performance of the firms, followed by MAP. Furthermore, model determinants were input to an ANN modeling. The ANN results showed that TMS is the most critical predictor of SMEs' BCA, followed by ORD, COP, external support, and regulations and legislation. Practical implications The results provide valuable information for SMEs when maneuvering their adoption strategies in the scope of blockchain technology. Additionally, from the perspective of an emerging market, the study has successfully contributed the TOE framework and the RBV. Originality/value This study is the first work to explore the determinants of BCA in the context of SMEs from a developing country. This paper is also one pioneer in attempts to develop a causal and predictive statistical model for predicting the determinants of BCA in SMEs' performance.
Alex Zarifis, Luís A. Castro
The unique features of Non-Fungible Tokens (NFT) are becoming increasingly appealing as we spend more of our time online. This increased popularity is nevertheless not free of controversies, and there is a lack of clarity over the final form this digital asset will take. While there are some early adopters, the whole NFT ecosystem will have to be clarified for wider adoption, particularly the purchasing process. This research evaluates a model of the purchasing process of NFTs and the role of trust in this process. The validated model identified that the purchasing process of NFTs has four stages and each stage is affected by trust: (1) Trust in the cryptocurrency wallet, (2) trust in the cryptocurrency purchase, (3) trust in the NFT marketplace, and (4) trust in aftersales services.
Sekar Wulan Prasetyaningtyas, Haris Munandar
Bitcoin's revolutionary nature has been attributed to the fact that it uses constantly improving and innovating Blockchain technology. After the success of fiat currency over gold, many have speculated that this could be the next stage. The study's goal is to collect responses reflecting the range of opinions about Bitcoin. Data was collected using a quantitative method, and 244 users participated as respondents. We analyze the factors that influence users' behavioral intentions to accept Bitcoin as an alternative investment in Indonesia using an integrated methodology. In this study, we suggested a model for Bitcoin adoption that combines the insights of the Theory of Planned Behavior (TPB) with those of the Unified Theory of Acceptance and Use of Technology (UTAUT); in several prior studies, Financial Literacy factor became one of the independent variables with significant results on Behavioral Intention; however, when tested as a moderator, the results did not show that Financial Literacy significantly influenced an individual's attitude toward using Bitcoin as an investment tool.
Ree Chan Ho, Bee Lian Song
The growth of the metaverse is an imminent phenomenon for the world to tap its economic opportunities. Non-fungible token (NFT) is the choice of a new form of financial technology in metaverse to authenticate digital asset ownership. The objective of this study was to examine the impacts of NFT on the metaverse communities. Based on the unified theory of acceptance and use of technology model, the sample was financial users in the metaverse who are familiar with NFT. The findings validated that UTAUT constructs influence the intention to use NFT payments. Also, self-efficacy was confirmed as the antecedent to explain the need for managing the processes while payments were made. This study provides an understanding of the use of NFT by examining the theoretical aspect of the current usage scenario in the metaverse. Furthermore, the required personal ability of the users in determining the benefits of NFT offers practical consideration for wider adoption. Hence, it contributes to the research on the behavioral finance aspect of NFT usage.
Alaa S. Jameel, Ahmed S. Alheety
The purpose of this study is to measure the behavioral intention to adopt blockchain technology (BT) among SME managers based on the theory of "Unified theory of acceptance and use of technology" (UTAUT).The study was conducted among SME managers in Iraq who adopted blockchain technology. The study deployed the quantitative method and the purposive sample technique was used. The data collected by questionnaires and the valid questionnaires was 192 analyzed by Smart-PLS after ensuring the validity and reliability of the proposed model.The results indicated that performance expectancy, facilitating conditions, technology readiness, and blockchain transparency positively and significantly impact SME managers' intention to adopt blockchain technology. On the other hand, social influence has an insignificant impact on BI’s decision to adopt the blockchain among SME managers.
Sudeep Krishnan
eCommerce merchants anticipate adoption of cryptocurrencies in a vast scale in the coming years. While the concepts of Web3 are being adopted, business leaders and decision makers need to understand key the elements of Web3 and technological constructs behind the evolution of Web3. This study focuses on defining these constructs of Web3 and explain technological differences as compared to Web 2.0. Using extensive academic, industry, and online information, the study defines major characteristics of Web3, show cases early adopters, use cases, and opportunities in the area. Web3 is still evolving and there are many challenges which needs to be addressed. eCommerce businesses who are going to sustainably change the business models or disrupt with a new Web3 business is likely to succeed in the coming years. The findings of this study are also validated with an expert interview.
Shadia Suhaimi, Lee Yu Hui, Nur Baiti Shafee, Haniza Hashim · 6 authors
Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin are few examples of revolutionary Financial Technologies (FinTech) that are rapidly entering the finance market and transforming the global economy's power. Recently, cryptocurrency technology as an innovative technology has attracted attention and spread. Cryptocurrencies known as virtual currencies that have been widely used to buy and sell products and services over the internet, as well as a popular asset for hedging and speculation. However, current study and statistic shows that customers have high level of awareness but low acceptance towards cryptocurrency. In addition, the number of studies on cryptocurrency adoption in Malaysia also very less. Therefore, the aim of this study is to examines the accepting financial transaction using cryptocurrency from a customer perspective. The outcome of this study shows that (i) security and perceived ease of use are having a significant relationship with behavioral intention towards acceptance of cryptocurrency transactions; (ii) perceived trust and social influence are having no significant relationship with behavioral intention towards acceptance of cryptocurrency transactions. This study is important because it will help investors and potential customers to increase their knowledge in using and adopt cryptocurrency in their transaction.
Sooyeon Choi, Richard A. Feinberg
Linking Consumer Innovativeness to the Cryptocurrency Intention: Moderating Effect of the LOHAS (Lifestyle of Health and Sustainability) Lifestyle by Sooyeon Choi1,* , Richard A. Feinberg 2 1 Assistant Professor, Marketing, Loras College, IA, 52001, U.S.2 Emeritus Professor, Consumer Sciences and Retailing, Purdue University, IN, 47907, U.S. * Author to whom correspondence should be addressed. Journal of
Prateek Sharma, Dhirendra Mani Shukla, Alok Raj
No abstract is available for this record.
Farah Saboune
Advertisers and media owners are becoming more dependent on advertising, when the traditional way is losing its effect, they are eagerly looking for alternative ways to reach consumers, and keeping their brand trust, promise, and image at the top, and to generate more profit. Although there are many ways companies and brands alike can seek to make money off of social media, the traditional platforms are becoming obsolete. Gone are the days of having the logo, a photo, and an attractive slogan sufficient for attracting new customers. It can be said that advertising relies heavily on good aesthetics and application of the brand image, however applying that correctly to the target audience effectively can enhance and produce better outcomes, it's about how a business achieves success, scale worldwide, persuade consumers to buy into it, and reach its goals and profits. To create an effective and impactful advertisement in our modern world, companies must turn to technology; For technology is the enabler of a wider selection of tools that help businesses make better data-driven and informative decisions. This can be done by collecting data through third parties, internal or external surveys, and polls to enhance and improve their product delivery and message. With the use of data, algorithms can be then created to understand the consumer's behavior, therefore, enabling a business to better target its user-base based on their interests, search patterns, and online behavior. Moreover, the collected data from the mentioned tools can be then transformed into resourceful decisions to help the business better understand its user-base, therefore choosing from a plethora of options such as using influencers to advertise their product on live-video streams, or the traditional bloggers, and the many content creators available. Web3 is on the horizon, with the accelerative pace the metaverse took over the internet, brands turned to the newly found virtual space to promote themselves. This is a stepping stone into what is to come next as it taps into our day-to-day lives, economy, and social interactions [16]. The main component of web3 is the ability to build on it and interact with the web like never before and securely allowing users to maintain their privacy. Users are able to buy, maintain and sell virtual assets on the blockchain which unleashes a whole new era of using digital goods paved by the improvement of Virtual and Augmented realities known as VR and AR [1]. This has been proven by the famously known “Metaverse” world where companies such as Nintendo, Sony, and other gaming brands as well as celebrities such as Snoop Dogg rushed to create their own virtual theme parks and sold “plot of lands” in the said universe on the blockchain known as NFTs (Non-Fungible Tokens). This has created a ripple effect that continued in other virtually made assets, mainly video games, and lastly “The Metaverse” that “Meta” formerly known as “Facebook” is building upon. This research will highlight the United Arab Emirates' advancements in the adoption of the metaverse into its different industries. The United Arab Emirates has taken great measures to integrate the metaverse and its related technology, including cryptocurrencies, into its economy, government sector and ultimately its society. Will Virtual advertisements be developed as a result of Web3.0 and Metaverse's integration of virtual and physical environments and virtual economies?
Abdul Jabbar, Ahmed Geebren, Zahid Hussain, Samir Dani · 5 authors
No abstract is available for this record.
Shuyi Pu, Jasmine Siu Lee Lam
Certificates in either hard or soft copies are common documents in our day-to-day activities. However, they are vulnerable to be tampered and inefficiencies exist in the current verification systems. Blockchain technology is considered a feasible solution to protect certificates from being forged and simplify the current verification systems. As an attempt to understand the potential of blockchain for digital certificates in a holistic view, this research aims to conduct a deep analysis of the benefits of blockchain for digital certificates using a multiple case study approach. A benefits analysis model is developed for mapping the benefits of an information system comprehensively and systematically covering benefits in technical, individual, organisational and societal dimensions. Although contextual variations exist, some common benefits are identified such as reduced costs of verification, improved decision making and planning, attracting new customers and supporting business growth. Lastly, future research opportunities in this research field are identified.
Mohammed Alarefi
The Internet of Things (IoT) has become essential for business. The adoption rate of IoT has dropped recently and this could be due to security, privacy, and trust issues. Blockchain (BC) has the potential to mitigate the risk of security, privacy, and trust. However, few studies examined the integration between IoT and BC in the context of developing countries. The purpose of this study is to examine the predictors of IoT adoption by telecommunication companies in the Gulf Cooperation Council (GCC). In addition, the study aims to examine the moderating role of BC as well as the effect of using IoT and BC on the competitive advantage of companies. Based on technology acceptance model, social exchange theory, and resource-based view, the study proposed that security, privacy, trust, communication quality, perceived ease of use (PEOU), and perceived usefulness (PU) affect positively the adoption of IoT. BC is proposed as a moderating variable and expected with IoT to affect the competitive advantage of companies. The population includes all the telecommunication companies in GCC. Data was collected using purposive sampling from IT professionals. The results of data analysis using SmartPLS showed that security, privacy, trust, PU, and PEOU positively affected the adoption of IoT. BC and IoT adoption have a positive effect on competitive advantage. Further, BC moderated only the effect of security and privacy on the adoption of IoT. Services providers must enhance the security, privacy, and trust of IoT services by deploying BC technology. Effective integration of IoT and BC will lead to the achievement of competitive advantages.
Sang Hoon Lee, Hyun-Seok Hwang, Suyeon Kim
Blockchain, which is spotlighted as one of the core technologies in the Web 3.0 era, is being used as a tool for high security and decentralization. In addition, blockchain has been positioned as a core technology for services such as cryptocurrency, NFT, De-Fi, and metaverse, and has already provided high-quality services. In particular, cryptocurrency has shown rapid growth and has been receiving worldwide attention. Cryptocurrency is a web technology and has the property that it can be an investment target, and it is expected to develop further in the future. In this research, we analyzed factors influencing the intention to use cryptocurrency and structural causalities among the factors. We considered personal characteristics, characteristics of cryptocurrency itself, and social characteristic, and a research model has been established for an empirical study. In addition, a multi-group analysis was performed to identify differences between users and non-users. As a result of the analysis, it was found that some of the personal characteristics and cryptocurrency characteristics affect the intention to use. And in the case of non-users, it was found that not only personal and cryptocurrency characteristics, but also social characteristic influence their intention to use. The results of this research are expected to provide implications for cryptocurrency service providers and users, as well as institutions that establish related policies.
Vasileios Yfantis, Klimis Ntalianis
The rising issue of corruption in the public sector could be solved by adopting an innovative technology, such as blockchain, which offers data transparency and immutability. We present the opportunities of using blockchain technology in the transactions of the public sector of education and a conceptual approach for the adoption of this technology by the staff of the University of West Attica. Our research has practical value for the information technology managers of the public sector who wish to integrate blockchain into public organizations because we also suggest gaming features for the main public sectors.
Nasser Alshareef
The primary objective of this research is to explore the literature on blockchain technology and its investment opportunity in the education sector. Studies on the investment opportunities of blockchain technology in education have remained limited and little is known about the existing state of knowledge and practice of blockchain technology in the education sector of Saudi Arabia, especially for its sustainable development. In this study, the author tried to synthesise literature on blockchain technology to understand the difficulties and prospects of this technology in Saudi Arabia. A total of 15 empirical studies from 2017 to 2020 were reviewed. The descriptive and thematic analysis identified four types of challenges of blockchain technology in the education sector. They include leaking privacy and security, processing cost, setting the boundaries, and weakening school credentials. The review also revealed several opportunities for adopting blockchain technology such as certifying identity authentication, improving learning assessment, maintaining student records, enhancing trust, and reducing costs. Implications and recommendations related to education for sustainable development are provided accordingly.
Iikka Paajala, Jesse Nyyssölä, Juho Mattila, Pasi Karppinen
The blockchain is an emerging technology that has the potential to revolutionize the gaming industry among a wide range of different business fields. So far, only a few studies have been conducted about blockchain gaming. This study introduces a mobile game utilizing blockchain asset tokens and smart contracts. It was developed for research purposes and used to demonstrate blockchain-based games using semi-structured interviews. This study follows the exploratory research paradigm, which aims to map research of little-known areas. This study focuses on how participants perceived blockchain attributes such as trust, transparency, and user-generated content and how this affected engagement and their willingness to play the game again. Based on our evaluation, generating blockchain assets positively impacted player retention. According to the results, providing genuine asset ownership through the blockchain contributes to environmental engagement and self-engagement, as well as player retention. Another positive blockchain feature discovered from the interview data is user-generated content implementation into games.
Malaika Brengman, Kim Willems
No abstract is available for this record.