Acceptance of shari?ah-compliant precious metal-backed cryptocurrency as an alternative currency: an empirical validation of adoption of innovation theory

In the crypto world, there is a proverbial (and literal) gold rush now occurring. Currently, more than 37 gold-backed cryptocurrency companies have now emerged. Interestingly, some of them also claim to be Sharīʿah-compliant. Introducing precious metal-backed cryptocurrencies is perceived to be an innovation among global payment systems, hampered in part by lack of supporting empirical evidence. Therefore, this research investigates potential users' tendency to adopt a Sharīʿah-compliant precious metal-backed cryptocurrency. As such, this study adopts an extended adoption model, which consists of eight factors. Partial least squares structural equation modeling (PLS-SEM) analysis was conducted on data elicited from economic active residents in Klang Valley from questionnaires. Overall, it was found six out of the eight constructs specified to influence the adoption of precious metal-backed cryptocurrency were statistically significant where 54.5% of the variation in adoption of PMBC can be explained by the structure model provided by this research. It was also found 63.55% of the respondents are willing to adopt precious metal-backed cryptocurrency in their future transactions

From Monasteries to Multinationals (and Back): A Historical Review of the Beer Economy

This article reviews beer production, consumption and the industrial organization of breweries throughout history. Monasteries were the centers of the beer economy in the early Middle Ages. Innovation and increased demand later induced the growth of commercial breweries. Globalization and scientific discoveries transfirmed the beer industry and increased competition from the 16th through the 19th century. The 20th century was characterized by dramatic (domestic and international) consolidation, major shifts in consumption patterns, and the re-emergence of small breweries

Self-interacting gravitational atoms in the strong-gravity regime

We numerically investigate free and self-interacting ultralight scalar fields around black holes in General Relativity. We focus on complex scalar fields Φ whose self-interactions are described by the quartic potential V ∝ λ |Φ|4, and ignore the black hole spin in order to disentangle the effects of self interactions on the boson cloud. Using the spectral solver Kadath, we compute quasi-equilibrium configurations of the dominant eigenstates, including their backreaction on the spacetime metric. For scenarios with -10-2 ≲ λ ≲ 10-2 we find the mass of the self-interacting scalar cloud to be up to ∼ 70% larger than that of a free scalar cloud, though the additional backreaction effect on the spacetime metric is only up to ∼ 1% due to the low-density nature of the bosonic configurations. In this region of parameter space we observe approximate quadratic scalings between the mass of the cloud with λ, the scalar field amplitude, and the couplings between these two parameters. For systems with λ beyond this range, the eigenfrequencies differ sufficiently from the known free-test-field values used as inputs in our numerical setup to make the results, though convergent, physically unreliable. This bounds the range of λ in which the free scalar field solution remains a good approximation to self-interacting scalar field configurations. Our work is among the first nonperturbative explorations of self-interacting bosonic clouds around black holes, yielding detailed new insights into such systems in the nonlinear regime, while also overcoming technical challenges and quantifying limitations. Additionally, our results provide useful inputs for fully dynamical numerical relativity simulations and for future explorations of spinning black holes and real scalar fields

Tool use in a technology - rich learning arrangement for the concept of function

This paper describes the design of a technology-rich learning arrangement for the function concept. In line with the instrumental approach of tool use, aspects of conceptual understanding of the notion of function are linked with the tasks and with techniques in the technological tool, i.e. an applet embedded in an electronic learning environment. Some data from the pilot teaching experiment are presented

Tool use in a technology - rich learning arrangement for the concept of function

This paper describes the design of a technology-rich learning arrangement for the function concept. In line with the instrumental approach of tool use, aspects of conceptual understanding of the notion of function are linked with the tasks and with techniques in the technological tool, i.e. an applet embedded in an electronic learning environment. Some data from the pilot teaching experiment are presented