Psychological risk, security risk and perceived risk of the cryptocurrency usage
Today's technology is increasingly advanced and developing, changing payment and investment methods. The emergence of crypto currencies represents the most recent innovation. Cryptocurrencies have attracted the attention of information technology professionals, economists, investors, banks and...
| Main Authors: | , , , , , |
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| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
Institute of Electrical and Electronics Engineers Inc.
2023
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/41902/ http://umpir.ump.edu.my/id/eprint/41902/1/Psychological%20risk%2C%20security%20risk%20and%20perceived%20risk.pdf http://umpir.ump.edu.my/id/eprint/41902/2/Psychological%20risk%2C%20security%20risk%20and%20perceived%20risk%20of%20the%20cryptocurrency%20usage_ABS.pdf |
| _version_ | 1848826464760233984 |
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| author | Mirza, Agus Muhammad Fernando, Yudi Mergeresa, Fineke Wahyuni-Td, Ika Sari Ikhsan, Ridho Bramulya Fernando, Erick |
| author_facet | Mirza, Agus Muhammad Fernando, Yudi Mergeresa, Fineke Wahyuni-Td, Ika Sari Ikhsan, Ridho Bramulya Fernando, Erick |
| author_sort | Mirza, Agus Muhammad |
| building | UMP Institutional Repository |
| collection | Online Access |
| description | Today's technology is increasingly advanced and developing, changing payment and investment methods. The emergence of crypto currencies represents the most recent innovation. Cryptocurrencies have attracted the attention of information technology professionals, economists, investors, banks and governments. However, aside from the advantages, there is also the expectation of cryptocurrencies of potential risks in using currency. This study aims to identify the factors influencing the decision to use cryptocurrency. The factors discussed are perceived risk, psychological risk and security risk. This study used a purposive sampling technique. The data were analysed using PLS-SEM with a final sample of 181 respondents. The results show that psychological, security and perceived risks significantly affect cryptocurrency usage. A relatively new technology makes it easier for individuals to make decisions about using cryptocurrencies. However, lack of information often causes individuals to face uncertainty and various levels of risk. However, individual decisions in using technology are not only influenced by risks but also benefit factors. |
| first_indexed | 2025-11-15T03:45:14Z |
| format | Conference or Workshop Item |
| id | ump-41902 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T03:45:14Z |
| publishDate | 2023 |
| publisher | Institute of Electrical and Electronics Engineers Inc. |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-419022024-08-30T00:14:40Z http://umpir.ump.edu.my/id/eprint/41902/ Psychological risk, security risk and perceived risk of the cryptocurrency usage Mirza, Agus Muhammad Fernando, Yudi Mergeresa, Fineke Wahyuni-Td, Ika Sari Ikhsan, Ridho Bramulya Fernando, Erick HD28 Management. Industrial Management T Technology (General) Today's technology is increasingly advanced and developing, changing payment and investment methods. The emergence of crypto currencies represents the most recent innovation. Cryptocurrencies have attracted the attention of information technology professionals, economists, investors, banks and governments. However, aside from the advantages, there is also the expectation of cryptocurrencies of potential risks in using currency. This study aims to identify the factors influencing the decision to use cryptocurrency. The factors discussed are perceived risk, psychological risk and security risk. This study used a purposive sampling technique. The data were analysed using PLS-SEM with a final sample of 181 respondents. The results show that psychological, security and perceived risks significantly affect cryptocurrency usage. A relatively new technology makes it easier for individuals to make decisions about using cryptocurrencies. However, lack of information often causes individuals to face uncertainty and various levels of risk. However, individual decisions in using technology are not only influenced by risks but also benefit factors. Institute of Electrical and Electronics Engineers Inc. 2023 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/41902/1/Psychological%20risk%2C%20security%20risk%20and%20perceived%20risk.pdf pdf en http://umpir.ump.edu.my/id/eprint/41902/2/Psychological%20risk%2C%20security%20risk%20and%20perceived%20risk%20of%20the%20cryptocurrency%20usage_ABS.pdf Mirza, Agus Muhammad and Fernando, Yudi and Mergeresa, Fineke and Wahyuni-Td, Ika Sari and Ikhsan, Ridho Bramulya and Fernando, Erick (2023) Psychological risk, security risk and perceived risk of the cryptocurrency usage. In: 2023 IEEE 9th International Conference on Computing, Engineering and Design, ICCED 2023. 9th IEEE International Conference on Computing, Engineering and Design, ICCED 2023 , 7 - 8 November 2023 , Kuala Lumpur. pp. 1-5. (197271). ISBN 979-835037012-6 (Published) https://doi.org/10.1109/ICCED60214.2023.10425190 |
| spellingShingle | HD28 Management. Industrial Management T Technology (General) Mirza, Agus Muhammad Fernando, Yudi Mergeresa, Fineke Wahyuni-Td, Ika Sari Ikhsan, Ridho Bramulya Fernando, Erick Psychological risk, security risk and perceived risk of the cryptocurrency usage |
| title | Psychological risk, security risk and perceived risk of the cryptocurrency usage |
| title_full | Psychological risk, security risk and perceived risk of the cryptocurrency usage |
| title_fullStr | Psychological risk, security risk and perceived risk of the cryptocurrency usage |
| title_full_unstemmed | Psychological risk, security risk and perceived risk of the cryptocurrency usage |
| title_short | Psychological risk, security risk and perceived risk of the cryptocurrency usage |
| title_sort | psychological risk, security risk and perceived risk of the cryptocurrency usage |
| topic | HD28 Management. Industrial Management T Technology (General) |
| url | http://umpir.ump.edu.my/id/eprint/41902/ http://umpir.ump.edu.my/id/eprint/41902/ http://umpir.ump.edu.my/id/eprint/41902/1/Psychological%20risk%2C%20security%20risk%20and%20perceived%20risk.pdf http://umpir.ump.edu.my/id/eprint/41902/2/Psychological%20risk%2C%20security%20risk%20and%20perceived%20risk%20of%20the%20cryptocurrency%20usage_ABS.pdf |