Factors influencing Cryptocurrencies investment intention: A study on the customer perception in Sultanate of Oman

Abstract

E-governance which is a recent technology plays in a significant role around the world which includes blockchain approach. The topic of cryptocurrency is discussed by numerous research scholars and analysed accordingly to identify the profitable cryptos as it comprises of lots of risk factors. Implementation of block chain in a country governs rules and administration in bureaucratic country. This study would help to understand e-governance and related literature to explore the probable value, risks components and its own restrictions in Sultanate of Oman. Early years in the country regarding the blockchain technology bear cost elements, accuracy matters and reliability aspects, transparent issues and accountable services. Centralization of delegated authority is obligatory to set new guidelines in the Sultanate to resolve the issues relating to block chain methodologies using manpower who are dynamic to frame tax laws. The objective of this article is to understand the concept of cryptocurrency around the world in general and in particular in Sultanate of Oman. The study also would analyze the regulation of cryptocurrencies in Oman and also to comprehend the perception of the general public and investors around the Muscat City. Cryptocurrencies have not been explored much in gulf region and this study would also help us to discover more of cryptocurrencies through a questionnaire which has been collected from investors and general public. The findings of the study have been interpreted with the help latest research statistics.