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What is Digital Money

Chapter 6
Recent Developments in Individual and Organizational Adoption of ICTs
Record stored in a distributed database that has value. Equivalent form of printed money form but in a digital form.
Published in Chapter:
Technology Adoption: Case of Cryptocurrency
Saeed Alzahrani (Portland State University, USA) and Tugrul U. Daim (Portland State University, USA)
Copyright: © 2021 |Pages: 24
DOI: 10.4018/978-1-7998-3045-0.ch006
Abstract
Cryptocurrency has emerged in recent years as a new form of money. With the wave of cryptocurrency developments and wild attention, it is essential to understand consumer attitudes toward the adoption of the cryptocurrency and the factors influencing their decisions. Thus, the chapter aims to fill a gap in the current literature by examining the factors that influence the user's intention to adopt cryptocurrency. This adoption is a purchasing decision where users make a decision based on a set of factors that matters to them. This chapter uses a hierarchical decision model (HDM) to understand the user decision to adopt cryptocurrency. The model proposes four main perspectives that influence the adoption decision: economic, technical, social, and personal. This study aims at providing an in-depth analysis of the factors influencing the adoption of cryptocurrency as well as the ranking of these influencing factors based on the quantification of the users' judgments.
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Chapter 9
Finance in the World of Artificial Intelligence and Digitalization
Any means of payment that exists purely in electronic form. Digital money is not tangible like a dollar bill or a coin. It is accounted for and transferred using computers.
Published in Chapter: Finance in the World of Artificial Intelligence and Digitalization; From: Handbook of Research on Applied AI for International Business and Marketing Applications
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 6
New Financial Technologies, Cryptocurrencies, Blockchain, and Challenges
Any means of payment that exists purely in electronic form. Digital money is not tangible like a dollar bill or a coin. Digital money, also known as digital currency or crypto currency, is a new and upcoming way of storing value. Unlike traditional currency which can be transferred to paper money from a bank account, digital money is entirely digital with only a number as an indication of value. The currency is often used by utilizing a digital wallet that can be accessed from devices such as computers, smartphones, and tablets.
Published in Chapter: New Financial Technologies, Cryptocurrencies, Blockchain, and Challenges; From: Handbook of Research on Creating Sustainable Value in the Global Economy
Full Text Chapter Download: US $37.50 Add to Cart
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