How Block Chain Technology Works in Financial Services
Md. Abdullah-Al-Mamun, Md. Akash, Md. Omithasan ovi, Sidratul Moontaha Moon, Arif Siddiki, Md Sabuj IslamThe Research goal is to explore the factors that can forecast the behavioral intention of financial sectors to use blockchain technology. The UTAUT model was enriched with the integration of safety and consciousness to grow the theoretical model for this research. The paper studies the influence of performance expectancy, effort expectancy, facilitating conditions, social influence, and additional factors on the behavioral intention to utilize blockchain technology. This research is mostly based on primary data that has been collected through a well-structured questionnaire. The questionnaire was spread to 234 distinct responders in various places. To examine the hypothesis made for the analysis, multiple regression analysis was conducted, and cross-sectional data were used. All of the variables have statistically noteworthy impacts on the financial sector's desire to embrace blockchain technology and are statistically significant. However, some extraneous factors might be added to the model to gain a better idea. The study concluded that blockchain has huge potential in Bangladesh. Blockchain technology will be crucial in the future for handling a variety of Financial Services.