Abstract
Purpose: The current study investigates the behavioral intention to use cryptocurrencies. The study's major goal is to prioritize the key motivations behind it mainly Investment in cryptocurrency and to learn the investors behavioral intentions. Design/Methodology: This study examines whether different factors determine the investors towards cryptocurrency usage like Ease of use, Social Impact, Convenience, Trust, Price volatility, Individual believes, Privacy, Risk and Decision making. Findings: This research's findings are intended to provide useful information on behavioral intentions of cryptocurrency users and merchants will be able to construct a viable business strategy to stay competitive. Originality: A literature review is conducted to examine the cryptocurrency usage behavior of Investors. The goal is to review the existing cryptocurrency behavior & try classifying and provide an exhaustive analysis of the determinants influencing the cryptocurrency behavioral intention of its users. Academic references, as well as essential facts and data taken from websites, scholarly articles were used in the study. Paper Type: Review Paper
Highlights
Blockchain technology is important for transferring cryptographic codes into a decentralized ledger environment across P2P network nodes (Chakravaram, V., et al, (2021) [1])
LIMITATIONS OF THE PROPOSAL : (1) Using behavioural theories, the investigation is limited to cryptocurrency investors' behavioural intentions. (2) While the Indian government is exhibiting an interest in cryptocurrencies and blockchain technology in order to develop a digital currency foundation, it's yet to issue its own rules; yet, this study examines many aspects linked to cryptocurrency investors' behavioural intentions
This study is significant because it offers a thorough examination of the literature on investors' behavioral intentions regarding cryptocurrency use
Summary
We live in an exponentially advanced technology age. We have moved from stock exchange, mobile banking cryptocurrency. Cryptocurrency is known as the digital money of the twenty-first century, and it is used to transfer funds between people or institutions via peer-to-peer networks in the form of cryptographic codes (P2P). Valuing crypto currencies, which have many similarities to stocks sold on venture markets, is more difficult than valuing mining enterprises, which may disclose projected earnings based on gold depots and oil bars. The blockchain – the immutable distributed digital record – holds not just in the financial industry (Hileman, G., et al, (2017) [8]), and in other sectors (Hileman, G., et al, (2017) [8]). The first of these technology enablers is cryptocurrency.
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