Cryptocurrency Risk, Trust, and Acceptance in Thailand: A Comparative Study with Switzerland
Fuente:
arXiv
Enregistré dans:
| Auteurs principaux: | , |
|---|---|
| Format: | Preprint |
| Publié: |
2024
|
| Sujets: | |
| Accès en ligne: | |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
| _version_ | 1866910438789218304 |
|---|---|
| author | Suriyan, Kanyanut Weingaertner, Tim |
| author_facet | Suriyan, Kanyanut Weingaertner, Tim |
| contents | The adoption of the Pao Tang digital wallet in Thailand, promoted under the Khon la Krueng (50-50 Co-Payment) Scheme, illustrates Thailand's receptiveness to digital financial instruments, amassing over 40 million users in just three years during the COVID-19 social distancing era. Nevertheless, acceptance of this platform does not confirm a broad understanding of cryptocurrencies and Web 3.0 technologies in the region. Through a mix of documentary research, online surveys and a targeted interview with the Pao Tang app's founder, this study evaluates the factors behind the Pao Tang platform's success and contrasts it with digital practices in Switzerland. Preliminary outcomes reveal a pronounced knowledge gap in Thailand regarding decentralized technologies. With regulatory frameworks for Web 3.0 and digital currencies still nascent, this research underscores the need for further exploration, serving as a blueprint for shaping strategies, policies, and awareness campaigns in both countries. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2405_05086 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Cryptocurrency Risk, Trust, and Acceptance in Thailand: A Comparative Study with Switzerland Suriyan, Kanyanut Weingaertner, Tim Computational Engineering, Finance, and Science The adoption of the Pao Tang digital wallet in Thailand, promoted under the Khon la Krueng (50-50 Co-Payment) Scheme, illustrates Thailand's receptiveness to digital financial instruments, amassing over 40 million users in just three years during the COVID-19 social distancing era. Nevertheless, acceptance of this platform does not confirm a broad understanding of cryptocurrencies and Web 3.0 technologies in the region. Through a mix of documentary research, online surveys and a targeted interview with the Pao Tang app's founder, this study evaluates the factors behind the Pao Tang platform's success and contrasts it with digital practices in Switzerland. Preliminary outcomes reveal a pronounced knowledge gap in Thailand regarding decentralized technologies. With regulatory frameworks for Web 3.0 and digital currencies still nascent, this research underscores the need for further exploration, serving as a blueprint for shaping strategies, policies, and awareness campaigns in both countries. |
| title | Cryptocurrency Risk, Trust, and Acceptance in Thailand: A Comparative Study with Switzerland |
| topic | Computational Engineering, Finance, and Science |
| url | https://arxiv.org/abs/2405.05086 |