Adopting the Bitcoin as a Digital Currency Through Digital Transformation

Bruijl, Gerard H. Th.

doi:10.2139/ssrn.3030499

Cited by 1 publication

(1 citation statement)

References 12 publications

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“…There is a possibility that the future is holding a significant place for cryptocurrency as an alternative method of payment, and as if can be noticed that bitcoin is contributing in paving the way for those cryptocurrencies to flourish. Both [28] in their research study on the adoption of bitcoin as a digital currency through a digital transformation mentioned that the design of bitcoin and other cryptocurrencies has entered the financial payment network, offering an alternative to currencies to the current fiat currencies independently freeing from interference and control of the authorities. Nevertheless, consumers' adoption for bitcoin and other cryptocurrencies is still low due to some consumer's perception of them as a financial investment instead of a method of payment for daily purposes.…”

Section: Other Researchmentioning

confidence: 99%

Cryptocurrency adoption: current stage, opportunities, and open challenges

Al-Amri¹,

Zakaria²,

Habbal³

et al. 2019

IJACR

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Cryptocurrency is attracting the attention of academic and non-academic researchers as an alternative architecture of currency. Because of the growing of cryptocurrency research, it is essential to value the existing research of cryptocurrency and identify potential future research areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this paper, we conduct a systematic literature review to gather the previous research related to cryptocurrency adoption. The goal of this research is to identify the current research stage and open challenges for future studies in cryptocurrency adoption. Moreover, the paper presents a systematic literature review (SLR) of 25 research articles published on the adoption of cryptocurrency from 2014 to 2017. The results demonstrate that cryptocurrency adoption research has grown significantly throughout this period, and remains a fertile area for academic research. The results show that the cryptocurrency adoption literature can be classified according to three main classifications: qualitative research, quantitative research and others.The results of the SLR reveal that there is a lack of study focusing on the factors that are significantly influenced on the acceptance of cryptocurrency. Furthermore, there is also a lack of technology acceptance models used in addressing the issues. Research gap found is presented and discussed.

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Section: Other Researchmentioning

confidence: 99%