Onyekwere Eucharia, Ogwueleka Francisca Nonyelum, Irhebhude Martins Ekata
Department of Computer Science, Nigerian Defence Academy, Kaduna, Nigeria.
Int J Inf Technol. 2023 Jun 8:1-12. doi: 10.1007/s41870-023-01336-1.
The rise of cryptocurrency, especially bitcoin, has opened up a lot of doors in the world of Financial Technology (FinTech) by attracting investors, media, and financial industry regulators. Bitcoin operates on blockchain technology, and its value is not a determinant of the value of a tangible asset, an organisation, or a country's economy. Instead, it relies on an encryption technique that allows tracking of all transactions. Globally, over $2 trillion has been generated through cryptocurrency trading. Due to these financial prospects, the youths in Nigeria have cashed in on this virtual currency to create employment and wealth. This research investigates the adoption and sustainability of bitcoin and blockchain in Nigeria. A survey method with a non-probability purposive sampling technique and a homogeneous approach was employed to collect 320 responses via an online survey. Descriptive and correlational analysis in IBM SPSS version 25 was used to analyse the collected data. According to the findings, bitcoin is the most popular cryptocurrency, with 97.5% acceptance, and is expected to be the leading virtual currency in the next five years. The research findings will help researchers and authorities comprehend the need for cryptocurrency adoption, leading to its sustainability.
加密货币，尤其是比特币的兴起，通过吸引投资者、媒体和金融行业监管机构，在金融科技（FinTech）领域打开了许多大门。比特币基于区块链技术运行，其价值并非由有形资产、组织或国家经济的价值决定。相反，它依赖一种加密技术来追踪所有交易。在全球范围内，通过加密货币交易已产生超过2万亿美元。鉴于这些金融前景，尼日利亚的年轻人利用这种虚拟货币创造就业和财富。本研究调查比特币和区块链在尼日利亚的采用情况及可持续性。采用非概率目的抽样技术和同质方法的调查方法，通过在线调查收集了320份回复。使用IBM SPSS 25版本中的描述性和相关性分析来分析收集到的数据。根据研究结果，比特币是最受欢迎的加密货币，接受率为97.5%，预计在未来五年将成为领先的虚拟货币。研究结果将有助于研究人员和当局理解采用加密货币的必要性，从而实现其可持续性。
