Bitcoin Adoption as a New Technology for Payment Mechanism in a Tourism Collaborative Network
Abstract
Bitcoin is designed to operate as a fine mechanism of Collaborative Network (CN). The Tourism Industry is a particular sector in which this emerging technology, as a new mechanism of payment based on peer to peer and autonomous characteristics, could have a significant impact on growth and helps to reach untapped regions. Given its revolutionary nature, Bitcoin is not yet penetrated in this industry, while the main issue is the number of players who are connected from service providers to tourists, agencies, and suppliers. These heterogeneous players need to use Bitcoin simultaneously when compatibility is the major problem. This means that the Technology Adoption/Acceptance are affected by the behavior of the Tourism Collaborative Network (TCN). The aim of this work is to develop a Technology Acceptance/Adaptation model to evaluate the situation of Bitcoin in TCN and identify factors affecting Bitcoin acceptance/adoption in the context of CN as well.
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