Cross-Countries Comparison Toward Digital Currency Acceptance: Integrating UTAUT2 Into ITM

In the context of digital monetary market integration, the importance of cross-border digital currency research is receiving prominent attention. This study integrated Extended Unified Theory of Acceptance and Use of Technology (UTAUT2) and initial trust factors (ITM) into an integrative framework,...

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Bibliographic Details
Published in:Frontiers in psychology 2022-07, Vol.13, p.944720-944720
Main Authors: Lin, Xin, Zhang, Qiuxiang, Jong, Din
Format: Article
Language:English
Subjects:
cross-countries comparison
digital currency
Digital Currency Electronic Payment (DCEP)
Extended Unified Theory of Acceptance and Use of Technology (UTAUT2)
initial trust factors (ITM)
Psychology
trust
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Summary:In the context of digital monetary market integration, the importance of cross-border digital currency research is receiving prominent attention. This study integrated Extended Unified Theory of Acceptance and Use of Technology (UTAUT2) and initial trust factors (ITM) into an integrative framework, which synthetically complemented the objective measures and subjective insights of digital currencies. The results indicated the integrated framework, which verified its robustness predicting the acceptance and recommendation intention of digital currency. By analyzing the two different features of digital currencies, this research puts forward a set of targeted solutions to ensure that users of Chinese and Korean digital currencies make a long-term policy for the sustainability, eventually benefitting the cross-border digital monetary transactions and economic cooperation in Asia, which leads the world to the sustainable development in the digital currencies field.
ISSN:1664-1078
1664-1078
DOI:10.3389/fpsyg.2022.944720