Factors influencing the adoption of Cryptocurrency in Jordan: An application of the extended TRA model

Almajali, Dmaithan; Masa’deh, Ra’ed; Dahalin, Zulkhairi

doi:10.1080/23311886.2022.2103901

Cited by 49 publications

(47 citation statements)

References 83 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…However, Mendoza-Tello, Mora, Pujol-Lopez and Lytras (2018) argued that Perceived Risk is insignificant in describing the intention to adopt cryptocurrencies for electronic payments. This result was in-lined with some scholars who have found that the perception of risk has strong negative impacts on the intention to adopt cryptocurrency (Sun, Dedahanov, Shin & Kim, 2020;Gil-Cordero, Cabrera-Sánchez & Arrás-Cortés, 2020;Almajali et al, 2022) because the feeling of insecurity towards cryptocurrency becomes its usage inhibitor (Sohaib, Hussain, Asif, Ahmad & Mazzara, 2019). In addition, prior findings found that the individuals would be more interested to adopt cryptocurrency in Pune city of India if Perceived Risks are reduced (Parashar & Rasiwala, 2018;Hasan et al, 2022).…”

Section: Perceived Risksupporting

confidence: 85%

“…In addition, other researchers report similar findings which indicated that Subjective Norm did not affect significantly on the behavioral intention towards Cryptocurrency usage as evidenced by Ullah, Al-Rahmi and Alkhalifah's (2021) study in Pakistan and Mazambani and Mutambara's (2019) study in South Africa. Contrariwise, findings by Almajali, Masa'Deh and Dahalin (2022) showed that Subjective Norm was positively affected cryptocurrency's intention to use in Jordan.…”

Section: Intention To Adopt Cryptocurrencymentioning

confidence: 94%

“…Studies on the determinants of cryptocurrencies usage are found to be an interesting subject to researchers and the existing research studies on this subject revealed contradictory outcomes (Arias-Oliva, de Andrés-Sánchez & Pelegrín-Borondo, 2021;Almajali, Masa'Deh & Dahalin, 2022). Generally, most of the recent literature evidenced that Attitude is the main factor towards the intention to adopt cryptocurrency usage while Subjective Norm is not the influencing factor (Ramachandran & Stella, 2022;Zamzami, 2020).…”

Section: Intention To Adopt Cryptocurrencymentioning

confidence: 99%

“…Concerning the literature specifically in cryptocurrencies, studies revealed that the effect of Perceived Risk on intention to use cryptocurrency can either be either way -positive or negative (Almajali et al, 2022). There is evidence showing that the Perceived Risk of technology has impacted the adoption of technology such as Bitcoin (Abramova & Böhme, 2016).…”

Section: Perceived Riskmentioning

confidence: 99%

See 3 more Smart Citations

Exploring Cryptocurrency Readiness Among University Students

Yusof¹,

Munir²,

Zolkaply³

et al. 2023

Advances in Economics, Business and Management Research

View full text Add to dashboard Cite

Digital currency or cryptocurrency, the latest development in investment is a virtual medium to purchase and sell goods and services, plays the role of a diversification tool, and features an attractive, alternative store of value. Recently, the Malaysian regulators were urged to legalise cryptocurrency as it is very attractive to young investors. Despite the overwhelming interests among young investors, they have held their interests over cryptocurrency due to the fear of the unknown and a few of its vague areas. This research is undertaken to explore the cryptocurrency interest and awareness among undergraduate university students as potential future cryptocurrency investors. As of to date, 116 students have participated in data collection and at this stage, the preliminary findings will be reported. About 78% of the young respondents admitted that they had little or no knowledge of the virtual currency. This research contributed in exploring cryptocurrency's value and risk from users' perspectives in a developing country setting such as Malaysia. This might shed new lights in raising awareness among the youth while managing cryptocurrency developments by regulators. More future research should be undertaken to assess the behavioural traits of the cryptocurrency providers, players as well as the societal acceptance of it.

show abstract

Section: Perceived Risksupporting

confidence: 85%

Section: Intention To Adopt Cryptocurrencymentioning

confidence: 94%

Section: Intention To Adopt Cryptocurrencymentioning

confidence: 99%

Section: Perceived Riskmentioning

confidence: 99%

See 2 more Smart Citations

Exploring Cryptocurrency Readiness Among University Students

Yusof¹,

Munir²,

Zolkaply³

et al. 2023

Advances in Economics, Business and Management Research

View full text Add to dashboard Cite

show abstract

“…attitude. NamunAlmajali et al (2022) menemukan adanya peran attitude dalam memediasi hubungan antara perceived risk dengan behavioral intention.H1: Attitude memiliki hubungan yang signifikan positif dengan behavioral intention untuk investasi cryptocurrency. H1a: Attitude memediasi hubungan antara perceived behavioral control dengan behavioral intention untuk investasi cryptocurrency.…”

unclassified

Determinan Keputusan Investasi Pada Cryptocurrency

Budiman

Junita

et al. 2023

JBM

View full text Add to dashboard Cite

Cryptocurrency is becoming more and more popular as an investment asset. With a high risk high return characteristic of cryptocurrency, doesn’t stop people from investing into cryptocurrency. This research will study empirically regarding determinants behind cryptocurrency investment decisions with The Theory of Planned Behavior applied and added perceived risk as extra variable as well as the mediating role of attitude in behavioral intention to invest in cryptocurrencies. It is found that attitude, perceived behavioral control and subjective norm are key drivers behind cryptocurrency investment decision with perceived risk not affecting the behavioral intention. Attitude also mediates relationship between perceived behavioral control and subjective norm towards behavioral intention while attitude fails to mediate perceived risk towards behavioral intention to invest in cryptocurrency

show abstract

Fostering trust and overcoming psychological resistance towards cryptocurrencies and cryptoassets

Babu,

Bason,

Porreca

et al. 2023

Psychology and Marketing

View full text Add to dashboard Cite

This research investigates the extent to which sponsorships can be utilised to foster trust and reduce barriers to adopting new technologies. Using Crypto.com's sponsorship of the 2022 FIFA World Cup as the context, this mixed‐methods study utilises innovation resistance theory (IRT) and trust transfer theory (TTT) to investigate the extent to which such a sponsorship can increase trust and reduce barriers in innovative technologies such as cryptoassets, while also filling a research gap concerning consumer resistance to innovations in digital financial products and services. The findings of study 1, using a survey (n = 1081), and study 2 using interviews (n = 24) reveal that a positive image of sponsorship significantly influences favourability and interest, and trust of the product of the sponsor which subsequently reduces psychological barriers to adoption. Integrating the theoretical viewpoints of IRT and TTT, this study enhances our conceptual understanding regarding the psychological dimension of sponsorship and the extent to which a sponsorship generates interest, giving assurance and trust in the sponsor's product, and removing uncertainty; thus, reducing barriers to adoption.

show abstract

Factors influencing the adoption of Cryptocurrency in Jordan: An application of the extended TRA model

Cited by 49 publications

References 83 publications

Exploring Cryptocurrency Readiness Among University Students

Exploring Cryptocurrency Readiness Among University Students

Determinan Keputusan Investasi Pada Cryptocurrency

Fostering trust and overcoming psychological resistance towards cryptocurrencies and cryptoassets

Contact Info

Product

Resources

About