Work

Effects of ethics and culture on one’s trust in cryptocurrencies: an inter-country configurational analysis

Year: 2025

Type: article

Abstract: The characteristics of cryptocurrencies, such as decentralization, fluctuation, and anonymity, have often raised ethical concerns about their impact on privacy, cybersecurity, prosperity, and liberty. With an increased awareness of the potential consequences, it is essential to address how, in the face of ethical challenges, and together with one’s unique cultural values, various influences may affect the issue of trust toward cryptocurrencies. From an inter-country perspective, this study examines how ethical elements and cultural dimensions can interact to influence trust. In particular, we examine the ethical and cultural aspects of trust formation among cryptocurrencies’ users in the three predominant countries of Germany, China, and the United States. We use configurational analysis to investigate the relationships among ethics, culture, and trust in cryptocurrencies across these countries. The results of this study contribute to a greater global understanding of how different configurations of ethics and culture can influence one’s trust in cryptocurrencies.

Source: Telematics and Informatics

DOI: 10.1016/j.tele.2025.102315

Authors: Arif Perdana, W. Eric Lee, Chu Yeong Lim, Gary Pan, Poh-Sun Seow

Institutions: Monash University, Indonesia, University of Northern Iowa, Nanyang Technological University, Singapore Management University

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: hybrid

Estimated APC paid: $4,020

Funders: University of Northern Iowa, Singapore Management University, Faculty of Information Technology, Monash University