An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives
The purpose of this research study is to analyze the exploratory study of the adoption of Bitcoin cryptocurrency based on blockchain technology and its use as a means of payment in companies. This research is exploratory in nature. As such, an adoption model was investigated using the technology acc...
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2021-02-01
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doaj-f16ce15b8d684c509aa199f8b24236a92021-02-11T00:05:40ZengMDPI AGMathematics2227-73902021-02-01935535510.3390/math9040355An Exploratory Approach to the Adoption Process of Bitcoin by Business ExecutivesPedro Palos-Sanchez0Jose Ramon Saura1Raquel Ayestaran2Department of Financial Economics and Operations Management, University of Seville, 41001 Seville, SpainDepartment of Business Economics, Rey Juan Carlos University, 28001 Madrid, SpainFaculty of Legal and Business Sciences, Francisco de Vitoria University, 28001 Madrid, SpainThe purpose of this research study is to analyze the exploratory study of the adoption of Bitcoin cryptocurrency based on blockchain technology and its use as a means of payment in companies. This research is exploratory in nature. As such, an adoption model was investigated using the technology acceptance model (TAM) which was extended with new variables. The sample was made up of business executives from companies and commercial establishments (<i>n </i>= 248). Partial least squares structural equation modeling (PLS-SEM) was chosen as the analysis and evaluation technique for the model. The authors demonstrated that privacy has an important influence on perceived utility, and that trust has a very significant influence on privacy and perceived ease of use, thus indirectly affecting the intention to use cryptocurrencies.https://www.mdpi.com/2227-7390/9/4/355Bitcoinbusiness executivestechnology adoptionprivacy |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Pedro Palos-Sanchez Jose Ramon Saura Raquel Ayestaran |
spellingShingle |
Pedro Palos-Sanchez Jose Ramon Saura Raquel Ayestaran An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives Mathematics Bitcoin business executives technology adoption privacy |
author_facet |
Pedro Palos-Sanchez Jose Ramon Saura Raquel Ayestaran |
author_sort |
Pedro Palos-Sanchez |
title |
An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives |
title_short |
An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives |
title_full |
An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives |
title_fullStr |
An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives |
title_full_unstemmed |
An Exploratory Approach to the Adoption Process of Bitcoin by Business Executives |
title_sort |
exploratory approach to the adoption process of bitcoin by business executives |
publisher |
MDPI AG |
series |
Mathematics |
issn |
2227-7390 |
publishDate |
2021-02-01 |
description |
The purpose of this research study is to analyze the exploratory study of the adoption of Bitcoin cryptocurrency based on blockchain technology and its use as a means of payment in companies. This research is exploratory in nature. As such, an adoption model was investigated using the technology acceptance model (TAM) which was extended with new variables. The sample was made up of business executives from companies and commercial establishments (<i>n </i>= 248). Partial least squares structural equation modeling (PLS-SEM) was chosen as the analysis and evaluation technique for the model. The authors demonstrated that privacy has an important influence on perceived utility, and that trust has a very significant influence on privacy and perceived ease of use, thus indirectly affecting the intention to use cryptocurrencies. |
topic |
Bitcoin business executives technology adoption privacy |
url |
https://www.mdpi.com/2227-7390/9/4/355 |
work_keys_str_mv |
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