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Potential Use of Bitcoin in B2C E-commerce

  • Ralf-Christian HärtingEmail author
  • Christopher Reichstein
Conference paper
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 1041)

Abstract

Bitcoin is a new digital currency with a very high visibility in media and research. Therefore, different aspects of potentials of Bitcoin are explored. In a prior investigation, several manifest indicators like transaction velocity have been identified as important influencing factors for the perceived use of digital currency. The focus of this paper is an empirical study, which examines factors of the potential use of Bitcoin in a B2C E-Commerce environment. More than 100 online merchants were interviewed in 2016. Based on a structural equation model (SEM), the results of the analysis show that the low transaction costs and acceptance are the main factors that influence the potential benefits of Bitcoin in B2C E-Commerce. The study also gives ideas for the relevance of further indicators.

Keywords

Bitcoin Digital currency E-Commerce Empirical research 

Notes

Acknowledgements

We thank Tobias Rieger and Sebastian Schmid for supporting our research.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  • Ralf-Christian Härting
    • 1
    Email author
  • Christopher Reichstein
    • 1
  1. 1.Business ScienceAalen University of Applied SciencesAalenGermany

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