Adoption of cryptocurrencies as a means of exchange
This study examines the determinants impacting the adoption of cryptocurrencies for exchange. Through a quantitative approach, data from 104 respondents were gathered via an internet-based survey. Employing a Likert scale, the study examined the relationship between financial literacy, perceived use...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Creative Publishing House
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/114616/ http://psasir.upm.edu.my/id/eprint/114616/1/114616.pdf |
| _version_ | 1848866545742118912 |
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| author | Hern, Chong Zhao Zakaria, Nadisah Sulaiman, Ainin Min, Foo Siong Kamaludin, Kamilah |
| author_facet | Hern, Chong Zhao Zakaria, Nadisah Sulaiman, Ainin Min, Foo Siong Kamaludin, Kamilah |
| author_sort | Hern, Chong Zhao |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This study examines the determinants impacting the adoption of cryptocurrencies for exchange. Through a quantitative approach, data from 104 respondents were gathered via an internet-based survey. Employing a Likert scale, the study examined the relationship between financial literacy, perceived usefulness, perceived ease of use, and willingness to adopt cryptocurrencies. Results revealed that financial literacy did not directly correlate with the willingness to adopt cryptocurrencies, while perceived usefulness and ease of use exhibited a positive association with adoption. Notably, the present study highlighted the reliance on perceived financial literacy rather than actual levels. It emphasized the necessity of improving the accessibility and applicability of cryptocurrencies to encourage their adoption. The implications of this study are pertinent to policymakers and businesses venturing into cryptocurrency integration. Understanding the influencers of cryptocurrency adoption, especially perceived utility and ease of use, can inform strategic approaches to foster adoption of cryptocurrencies. |
| first_indexed | 2025-11-15T14:22:19Z |
| format | Article |
| id | upm-114616 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:22:19Z |
| publishDate | 2024 |
| publisher | Creative Publishing House |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1146162025-01-21T03:59:46Z http://psasir.upm.edu.my/id/eprint/114616/ Adoption of cryptocurrencies as a means of exchange Hern, Chong Zhao Zakaria, Nadisah Sulaiman, Ainin Min, Foo Siong Kamaludin, Kamilah This study examines the determinants impacting the adoption of cryptocurrencies for exchange. Through a quantitative approach, data from 104 respondents were gathered via an internet-based survey. Employing a Likert scale, the study examined the relationship between financial literacy, perceived usefulness, perceived ease of use, and willingness to adopt cryptocurrencies. Results revealed that financial literacy did not directly correlate with the willingness to adopt cryptocurrencies, while perceived usefulness and ease of use exhibited a positive association with adoption. Notably, the present study highlighted the reliance on perceived financial literacy rather than actual levels. It emphasized the necessity of improving the accessibility and applicability of cryptocurrencies to encourage their adoption. The implications of this study are pertinent to policymakers and businesses venturing into cryptocurrency integration. Understanding the influencers of cryptocurrency adoption, especially perceived utility and ease of use, can inform strategic approaches to foster adoption of cryptocurrencies. Creative Publishing House 2024-10-27 Article PeerReviewed text en cc_by_nc_nd_4 http://psasir.upm.edu.my/id/eprint/114616/1/114616.pdf Hern, Chong Zhao and Zakaria, Nadisah and Sulaiman, Ainin and Min, Foo Siong and Kamaludin, Kamilah (2024) Adoption of cryptocurrencies as a means of exchange. Journal of Ecohumanism, 3 (7). pp. 3451-3467. ISSN 2752-6798; eISSN: 2752-6801 https://ecohumanism.co.uk/joe/ecohumanism/article/view/4478 10.62754/joe.v3i7.4478 |
| spellingShingle | Hern, Chong Zhao Zakaria, Nadisah Sulaiman, Ainin Min, Foo Siong Kamaludin, Kamilah Adoption of cryptocurrencies as a means of exchange |
| title | Adoption of cryptocurrencies as a means of exchange |
| title_full | Adoption of cryptocurrencies as a means of exchange |
| title_fullStr | Adoption of cryptocurrencies as a means of exchange |
| title_full_unstemmed | Adoption of cryptocurrencies as a means of exchange |
| title_short | Adoption of cryptocurrencies as a means of exchange |
| title_sort | adoption of cryptocurrencies as a means of exchange |
| url | http://psasir.upm.edu.my/id/eprint/114616/ http://psasir.upm.edu.my/id/eprint/114616/ http://psasir.upm.edu.my/id/eprint/114616/ http://psasir.upm.edu.my/id/eprint/114616/1/114616.pdf |