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Book ChapterDOI

Use of Bitcoin in Online Travel Product Shopping: The European Perspective

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TLDR
The results exhibit that the penetration of Bitcoin usage in online travel purchase among European travellers is tentatively not prominent and respondents however reported that they will purchase some travel products and particularly restaurant and food delivery online using Bitcoin in the future.
Abstract
Bitcoin, a cryptographic currency invented by Satoshi Nakamoto, has been increasingly embraced by consumers as an online payment method since its introduction. Though an increasing number of tourism enterprises start offering Bitcoin as a payment option, Bitcoin has not yet been subjected to rigorous scientific scrutiny. This exploratory study purports to investigate the Bitcoin usage experience in and Bitcoin usage intention for shopping travel product online by European travellers. Drawing on the responses provided by 138 European travellers, the results exhibit that the penetration of Bitcoin usage in online travel purchase among European travellers is tentatively not prominent. Respondents however reported that they will purchase some travel products and particularly restaurant and food delivery online using Bitcoin in the future. The findings are helpful for tourism and hospitality operators by informing their decision making of whether an investment should be made in order to accept Bitcoin as a payment option.

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Journal ArticleDOI

Blockchain and tourism: Three research propositions

TL;DR: In this paper, the authors start an academic discussion on blockchain and tourism, and three high-level propositions are presented, which are intended to be further refined and elaborated by the research community.
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Social Commerce as a Driver to Enhance Trust and Intention to Use Cryptocurrencies for Electronic Payments

TL;DR: This research provides a practical tool for analyzing how collaborative relationships that emerge in social media can influence or enhance the adoption of a new technology in terms of perceived trust and usefulness and provides a significant contribution to consumer behavior research by applying the social support theory to the adopted technologies.
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Blockchain Technology Adoption Behavior and Sustainability of the Business in Tourism and Hospitality SMEs: An Empirical Study

TL;DR: In this paper, the authors investigated the factors influencing the intention to adopt cryptocurrency payments among small to medium-sized enterprises (SMEs) in tourism and hospitality through the lens of the technology acceptance model (TAM).
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The blockchain technology and the scope of its application in hospitality operations

TL;DR: In this paper, the authors evaluate the potential for future integration of blockchain technology in the context of tourism and hospitality operations management, by reviewing examples of existing applications of BCT in various economic sectors and across different consumption markets.
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Is blockchain technology a watershed for tourism development

TL;DR: The rise of blockchain technology could radically disrupt the global economy as mentioned in this paper, and as an emergent technology, blockchain is of broad and current interest in the tourism industry, especially in small island economies.
References
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Proceedings ArticleDOI

SoK: Research Perspectives and Challenges for Bitcoin and Cryptocurrencies

TL;DR: In this paper, the authors provide a systematic exposition of Bit coin and the many related crypto currencies or "altcoins" and identify three key components of BitCoin's design that can be decoupled, which enables a more insightful analysis of Bitcoin's properties and future stability.
Proceedings ArticleDOI

An Analysis of Anonymity in the Bitcoin System

TL;DR: It is shown that the two networks derived from Bitcoin's public transaction history have a non-trivial topological structure, provide complementary views of the Bit coin system and have implications for anonymity.
Book ChapterDOI

Evaluating User Privacy in Bitcoin

TL;DR: This research examines the use of pseudonymity in the Bitcoin network, and the role that it plays in the development of trust and confidence in the system.
Journal ArticleDOI

Mobile payment services adoption across time: An empirical study of the effects of behavioral beliefs, social influences, and personal traits

TL;DR: The findings show that behavioral beliefs in combination with social influences and personal traits are all important determinants for mobile payment services adoption and use, but their impacts on behavioral intention do vary across in different stages.
Posted Content

Bitcoin: An Innovative Alternative Digital Currency

TL;DR: This paper examines a few relevant legal issues, such as the recent conviction of the Liberty Dollar creator, the Stamp Payments Act, and the federal securities acts.
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