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Factors’ Influencing Driving Demand of Cryptocurrency and its Impact on Behavioral Intention: An Indian Perspective

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  • Jyoti Verma

Abstract

Investors are gearing up to invest their money into wide range of cryptocurrency choices. However, investors are still somewhat hesitant about the adoption of this virtual currency. Therefore, there is a strong need to find out the reasons by identifying the factors that affect the investors’ perceptions towards adoption decisions for investing in cryptocurrencies. New constructs have been identified that will provide value and utility for users of cryptocurrencies. The factors proposed in the model have the greatest influence on the behavioral intention of the investors. Findings highlighted the concerns regarding trust, risk factors, ease of use, and supportive technologies.

Suggested Citation

  • Jyoti Verma, 2022. "Factors’ Influencing Driving Demand of Cryptocurrency and its Impact on Behavioral Intention: An Indian Perspective," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 14(1), pages 35-43, June.
    • Handle: RePEc:rfb:journl:v:14:y:2022:i:1:p:35-43
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    1. Bruno Biais & Christophe Bisière & Matthieu Bouvard & Catherine Casamatta, 2019. "The Blockchain Folk Theorem," The Review of Financial Studies, Society for Financial Studies, vol. 32(5), pages 1662-1715.
    2. Shahzad, Fakhar & Xiu, GuoYi & Wang, Jian & Shahbaz, Muhammad, 2018. "An empirical investigation on the adoption of cryptocurrencies among the people of mainland China," Technology in Society, Elsevier, vol. 55(C), pages 33-40.
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