1 research outputs found
Cryptocurrencies as a financial tool: acceptance factors
Cryptocurrencies are a new form of digital asset that operate through blockchain technology
and whose purpose is to be used as a means of exchange. Some, such as bitcoin, have become
globally recognized in recent years, but the uncertainty surrounding cryptocurrencies raises questions
about their intended use. This study has the task of investigating the different factors that affect the
intention behind the use of cryptocurrencies by developing a new research model and using Partial
Least Squares (PLS) to assess it. The results show that all the constructs proposed have significative
influence, either directly or indirectly, on the intention behind the use of cryptocurrencies. The findings
provide value and utility for companies’ and cryptocurrencies’ intermediaries to formulate their
business strategies