The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image

Blockchain technology, along with cryptocurrencies like Bitcoin, Ethereum, and stablecoin represent potential advancements that could change the financial industry. Stablecoins, have established a presence could change the traditional mechanisms of global economy. Nonetheless, consumer adoption of t...

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Main Authors: Maaroof Alazzawi, Selami Özcan
Format: Article
Language:English
Published: Sakarya University 2024-06-01
Series:Sakarya Üniversitesi İşletme Enstitüsü Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/3972809
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author Maaroof Alazzawi
Selami Özcan
author_facet Maaroof Alazzawi
Selami Özcan
author_sort Maaroof Alazzawi
collection DOAJ
description Blockchain technology, along with cryptocurrencies like Bitcoin, Ethereum, and stablecoin represent potential advancements that could change the financial industry. Stablecoins, have established a presence could change the traditional mechanisms of global economy. Nonetheless, consumer adoption of these technologies has been slightly slow. Many aspects and gaps are still not filled in the literature about these new technologies. In this research, using the technology acceptance model (TAM) to see the factors behind the intention to use cryptocurrencies as a payment method by examining the brand image role in the intention to use cryptocurrencies and blockchain technologies for payment methods. The research has been done through an online survey, distributed between group of people with different backgrounds in Türkiye. The survey was conducted in Turkish, and all scales and measurements have been tested and approved in previous studies. The findings indicate that brand image impacts the intention to use cryptocurrencies and blockchain technology transactions. Also, the strongest relation is between attitude (A) and brand image (BI) these finding highlight the importance of brand image in driving consumer’s attitude and intention to use cryptocurrencies as payment method. Moreover, we discuss in the conclusion.
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series Sakarya Üniversitesi İşletme Enstitüsü Dergisi
spelling doaj-art-01ff742acfee4e55a9d92455aa1ded392025-08-20T02:40:22ZengSakarya UniversitySakarya Üniversitesi İşletme Enstitüsü Dergisi2717-767X2024-06-01619610910.47542/sauied.149383228The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand ImageMaaroof Alazzawihttps://orcid.org/0009-0005-7306-9556Selami Özcan0https://orcid.org/0000-0002-0882-427XYALOVA İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİBlockchain technology, along with cryptocurrencies like Bitcoin, Ethereum, and stablecoin represent potential advancements that could change the financial industry. Stablecoins, have established a presence could change the traditional mechanisms of global economy. Nonetheless, consumer adoption of these technologies has been slightly slow. Many aspects and gaps are still not filled in the literature about these new technologies. In this research, using the technology acceptance model (TAM) to see the factors behind the intention to use cryptocurrencies as a payment method by examining the brand image role in the intention to use cryptocurrencies and blockchain technologies for payment methods. The research has been done through an online survey, distributed between group of people with different backgrounds in Türkiye. The survey was conducted in Turkish, and all scales and measurements have been tested and approved in previous studies. The findings indicate that brand image impacts the intention to use cryptocurrencies and blockchain technology transactions. Also, the strongest relation is between attitude (A) and brand image (BI) these finding highlight the importance of brand image in driving consumer’s attitude and intention to use cryptocurrencies as payment method. Moreover, we discuss in the conclusion.https://dergipark.org.tr/tr/download/article-file/3972809kripto paramarka i̇majıtamblockchaincryptocurrencytambrand imageadoption
spellingShingle Maaroof Alazzawi
Selami Özcan
The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image
Sakarya Üniversitesi İşletme Enstitüsü Dergisi
kripto para
marka i̇majı
tam
blockchain
cryptocurrency
tam
brand image
adoption
title The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image
title_full The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image
title_fullStr The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image
title_full_unstemmed The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image
title_short The Acceptance of Payment Methods Through Blockchain Technology and Cryptocurrency: The Effect of Brand Image
title_sort acceptance of payment methods through blockchain technology and cryptocurrency the effect of brand image
topic kripto para
marka i̇majı
tam
blockchain
cryptocurrency
tam
brand image
adoption
url https://dergipark.org.tr/tr/download/article-file/3972809
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AT selamiozcan theacceptanceofpaymentmethodsthroughblockchaintechnologyandcryptocurrencytheeffectofbrandimage
AT maaroofalazzawi acceptanceofpaymentmethodsthroughblockchaintechnologyandcryptocurrencytheeffectofbrandimage
AT selamiozcan acceptanceofpaymentmethodsthroughblockchaintechnologyandcryptocurrencytheeffectofbrandimage