Factors influencing the intention to use cryptocurrency payments: An examination of blockchain economy

Nuryyev Guych, Spyridou Anastasia, Yeh Simon and Achyldurdyyeva Jennet

MPRA Paper from University Library of Munich, Germany

Abstract: In summary, this study has applied TAM model to examine cryptocurrency payment adoption in Taiwanese hotels, examining the factors that are more likely to affect the behavioral intent. The empirical results suggest that intent to adopt cryptocurrency payments is affected by perceived usefulness, and perceived ease of use of these payments. In turn, perceived usefulness is affected by trust towards these payments. Interestingly, perceived usefulness was not shown to be significantly affected by different types of risks associated with cryptocurrency payments, including financial risk, technological risk, and social risk. Perceived ease of use, in turn, is affected by convenience of cryptocurrency payments; and is not shown to be significantly affected by trust.

Keywords: cryptocurrency payment; cryptocurrency acceptance; technology acceptance; blockchain economy (search for similar items in EconPapers)
JEL-codes: G29 L83 O33 (search for similar items in EconPapers)
Date: 2018-10-28, Revised 2020-02-24
New Economics Papers: this item is included in nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in TOURMAN 2018 Conference Proceedings, Rhodes: Greece (2018): pp. 303-310

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/99159/1/MPRA_paper_99159.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:99159

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().