IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-95-2282-8_4.html

Do Digital Currency and Blockchain Security Affect Financial Wellbeing: An Empirical Investigation

In: Digital Currencies and the Green Economy

Author

Listed:
  • Suyash Mishra

    (Central University of Haryana, Retail and Logistics Management, Department of Vocational Studies and Skill Development)

  • Ravinder Kaur

    (Central University of Haryana, Department of Commerce)

Abstract

The study intends to explore the significance of blockchain-powered digital currency in enhancing financial transparency in banking sector and influencing individual’s financial wellbeing in a positive manner, providing valuable insights for decision-making by financial institutions, and policymakers. This research elucidates the potential of blockchain technologyBlockchain technology and digital currency. The study examines the responses collected through convenience sampling from a sample of 215 individuals who had bank accounts. Structural Equation Modeling was applied to examine the relationship of blockchain security, digital currency, and information transparency with financial wellbeing perceived by individuals. The results present that individuals’ perception for financial wellbeing is well connected with blockchain security and use of digital currency as it enhances financial transparency in banking transactions, highlighting the significance of digital currency and blockchain security. The study presents practical implications for banking sector, and financial institutions, suggesting increase in information transparency for financial wellbeing through blockchain technology and digital currency.

Suggested Citation

  • Suyash Mishra & Ravinder Kaur, 2025. "Do Digital Currency and Blockchain Security Affect Financial Wellbeing: An Empirical Investigation," Springer Books, in: Ranjan Aneja & Robert Dygas (ed.), Digital Currencies and the Green Economy, chapter 0, pages 65-83, Springer.
    • Handle: RePEc:spr:sprchp:978-981-95-2282-8_4
    DOI: 10.1007/978-981-95-2282-8_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-95-2282-8_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.