Contributions & Sources

This work shows through the analysis of cryptocurrencies, that the most frequently mentioned and researched factors like

Therefore, the cryptocurrency payments research field should focus on other factors when studying adoption.

Other research areas where scientific literature is scarce:

Relevant factors for each entity are highlighted, offering practical opportunities for improvement for cryptocurrency companies to enhance their adaptation and gain a competitive advantage. Cryptocurrency companies need to spread

Furthermore, the advantages for users and merchants are also outlined. Users get access to a non-volatile and less inflationary means of payment which is a benefit for some countries. Merchants have to pay fewer fees, get their money quicker, and can offer customers a new payment method.

Lastly, the developed scales, ranking, and data can be used for further research (

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