Home // CENTRIC 2019, The Twelfth International Conference on Advances in Human-oriented and Personalized Mechanisms, Technologies, and Services // View article
Authors:
Erik Massarczyk
Peter Winzer
Finn Jakob Müller
Keywords: investments; cryptocurrencies; risk; experience; performance expectancy, UTAUT2
Abstract:
The technological development of the blockchain technology allows a new way of processing secured transactions and payments between different parties. Therefore, it is not surprising that new virtual currencies are developed to open new payment methods, as well as investment opportunities. To estimate the intention to buy and use cryptocurrencies, an empirical analysis was performed. The question of research is whether an investment in cryptocurrencies is primarily made for speculative reasons or because of a belief in the establishment of a digital currency. The ordinary regression analyses on base of survey data, which was distributed online, outlines that the intention to use cryptocurrencies is mainly driven by investment purposes.
Pages: 67 to 76
Copyright: Copyright (c) IARIA, 2019
Publication date: November 24, 2019
Published in: conference
ISSN: 2308-3492
ISBN: 978-1-61208-754-2
Location: Valencia, Spain
Dates: from November 24, 2019 to November 28, 2019