Investor Sentiment And The Function Of Blockchain Technology In Relation To Digital Currencies: The Here And Now And The Future.

Abstract

Purpose: The purpose of this study was to investigate how investors view cryptocurrency and what part block chains play in the digital currency industry. The primary objective of this research is to understand how investors feel about cryptocurrency. All throughout the globe, people are talking about cryptocurrency. Cryptocurrency refers to digital money that uses a decentralized system and blockchain technology.

Methodology: The study had 225 participants. A method known as convenience sampling has been employed. In order to determine whether the parameters are statistically significant, the "software package Smart-PLS-3" uses a bootstrapping method with 5,000 samples to accomplish "Structure Equation Modelling (SEM)", Trustworthiness, Convergent and Discriminate Validity, and model fitness.

Findings: This discovery explains the substantial impact of digital bitcoin on investors.  The article continues by stating that the widespread adoption of bitcoin as a medium of exchange is greatly affected by aspects such as Trustworthiness, societal significance, and efficiency. However, the widespread use of cryptocurrencies as a medium of exchange is unaffected by issues like government oversight, security concerns, and danger. 

Originality: This study sheds light on how investors feel about cryptocurrency, which, as far as the researchers are aware, has never been revealed in any previous study. For companies and investors considering India as a potential market, the data produced might provide useful practical information. Trustworthiness of sources, social relevance, Achievement, government control, security features, and danger are the six components of cryptocurrency that this study remarkably identifies.