The Role of Digital Leadership in The Adoption and Implementation of Cryptocurrency.
Publication Date: 18/10/2024
Author(s): Oladipupo AbdulMalik Olalekan.
Volume/Issue: Volume 4 , Issue 4 (2024)
Abstract:
The Paper looks into the adoption and implementation of cryptocurrency and how it can be influenced by digital leadership. Understanding cryptocurrency awareness, acceptance, and adoption is crucial in today's evolving digital financial landscape. The paper emphasize that while, Awareness plays a pivotal role in the acceptance and adoption of new technologies. Building on this foundational understanding, studies examining technology implementation have reaffirmed the positive. The use of cryptocurrencies offers attractive business opportunities, in the context of financial services, smart contracts, and token-based business models. Strategies for cryptocurrency adoption in contemporary businesses include commitment to innovation as a relative advantage, cryptocurrency compatibility within the organization, overcoming the complexity of adoption, and control of corruption. The crypto industry saw a number of adoption milestones in 2023, from institutional interest to more nuanced regulations. The Paper engages the use of Diffusion Innovative Theory and Game Theory as it's theoretical framework as well as the use of Descriptive and content analysis. The Paper then conclude on various way on how Digital Leadership could aide adoption and implementation of Cryptocurrency in world Today
Keywords:
Digital Leadership, Cryptocurrency, Token-based, Game Theory, Diffusion Innovative Theory.
