A QUANTITATIVE MODEL OF DETERMINANTS OF USE BEBAVIOR FOR THE CRYPTOCURRENCY SYSTEM IN TERMS OF SECURITY CONCERNS AND RISKS

摘要

The paper performs quantitative analysis of moderating effects of security concerns and risks for management of cryptocurrency systems and proposes solutions for security concerns and risks. The results show some important implications for the management of cryptocurrency systems. Particularly, performance expectancy can be headed for management and system design strategies of cryptocurrency service providers, and the cryptocurrency systems should be elaborated in the pleasant and beneficial way. This paper also illustrates that perceived security concerns and perceived risks might negatively affect cryptocurrency use and trading. Based on the research results, security concerns and risks prove that they are very important interaction variables as a great interest for cryptocurrency users. For the safe transmission of cryptocurrency in the financial industries, the paper suggests that Korean Article 49 of the Enforcement Decree of Information and Communication Network Act should require higher standards to the cryptocurrency exchange markets. For the safe transactions of cryptocurrency, the paper suggests three solutions for security concerns and risks relevant to the cryptocurrency exchange markets.