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

Area of Science:

• Digital Finance
• Technology Acceptance Models
• Cross-border Transactions

Background:

• Growing importance of digital currencies in global markets.
• Need for integrated frameworks to understand user adoption.
• Focus on cross-border digital currency integration in Asia.

Purpose of the Study:

• To develop and validate an integrated framework for digital currency acceptance.
• To analyze factors influencing user intention to adopt and recommend digital currencies.
• To propose policy solutions for sustainable digital currency use in China and Korea.

Main Methods:

• Integration of the Extended Unified Theory of Acceptance and Use of Technology (UTAUT2) with initial trust factors (ITM).
• Empirical validation of the proposed integrative framework.
• Analysis of distinct features of Chinese and Korean digital currencies.

Main Results:

• The integrated framework demonstrated robustness in predicting digital currency acceptance and recommendation intention.
• The study identified key determinants for user adoption in the digital currency market.
• The framework successfully synthesized objective and subjective insights into digital currencies.

Conclusions:

• The validated framework provides a strong basis for understanding digital currency adoption.
• Targeted policy recommendations are proposed for the sustainable development of Chinese and Korean digital currencies.
• The research contributes to advancing cross-border digital monetary transactions and economic cooperation in Asia.