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Blockchain Adoption in Bangladesh Higher Ed

The document explores the adoption of blockchain technology in higher education institutions in Bangladesh using an extended UTAUT model. It identifies key factors influencing usage intention, including performance expectancy, effort expectancy, facilitating conditions, trust, perceived risks, and perceived costs. The study aims to understand how these factors affect the intention to use blockchain technology among academic users.

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TAHMINA AKTER
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0% found this document useful (0 votes)
12 views3 pages

Blockchain Adoption in Bangladesh Higher Ed

The document explores the adoption of blockchain technology in higher education institutions in Bangladesh using an extended UTAUT model. It identifies key factors influencing usage intention, including performance expectancy, effort expectancy, facilitating conditions, trust, perceived risks, and perceived costs. The study aims to understand how these factors affect the intention to use blockchain technology among academic users.

Uploaded by

TAHMINA AKTER
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Blockchain Technology Adoption in Higher Education institutions in

Bangladesh: Application of Extended UTAUT Model


Basic UTAUT

Extended UTAUT

Use Behavior

Behavioral Intention
Performance expectancy

Effort Expextancy

Behavioral Intention

Social Influence

Trust

Performance
Expectancy

Effort Expectancy
usage Intention

Facilitating
Conditions

Perceived Risks

Perceived Cost
H1: Performance Expectancy has a significant influence on Usage Intention (UI) of Blockchain
Technology

H2: Effort Expectancy has a significant influence on usage intention (UI) of Blockchain
Technology

H3: Facilitating Condition has a significant influence on UI of Blockchain Technology

H4:

Performance Expectancy

PE1: Using Blockchain would improve my Academic Performance

PE2: Using Blockchain would increase my chances of everyday task achievement

PE3: Using the Blockchain would allow me to organize tasks more efficiently.
PE4: Using the Blockchain would enhance my service effectiveness.

Effort Expectancy

EE 1: Learning how to use Blockchain Technology is easy for me.


EE 2: My interaction with the Blockchain Technology would be clear and understandable.
EE 3: I find Blockchain Technology easy to use.
EE 4: It is easy for me to become skilful at using Blockchain Technology
EE 5: I would find it easy to get the Blockchain Technology to do what I want it to do.

Facilitating Conditions:

We have the necessary resources such as PC with Internet connection to work with
the blockchain
I have the necessary knowledge to support the use of blockchain technology
I need special training to support the use of blockchain technology
Blockchain is a special application and different to the other tools we use during
our work
If I have problems with the technology, I know whom to contact

Satisfaction
I am very content with blockchain technology.
I am very pleased to use blockchain technology.
I feel delighted to use blockchain technology
Overall, I am satisfied with blockchain technology.
Trust
I believe that blockchain technology is trustworthy.
I trust in blockchain technology
I do not doubt the privacy of blockchain technology
Even if not monitored, I would trust blockchain technology to do the job right.
blockchain technology has the ability to fulfill its task.

Perceived Cost
I think using Blockchain would increase overall cost
Using blockchain might not be cost-effective

Perceived Risk
I think using Blockchain Technology would make my job difficult.
Using Blockchain Technology exposes me to an overall risk.
Using Blockchain Technology will not fit well with my self-image.

usage Intention
Assuming I had access to the Blockchain Technology, I intend to use it.
Given that I had access to the Blockchain Technology, I predict that I would use it.
I plan to use the Blockchain Technology in the future.

Common questions

Powered by AI

Performance expectancy significantly influences the usage intention of blockchain technology by improving academic performance, increasing chances of everyday task achievement, organizing tasks more efficiently, and enhancing service effectiveness .

Facilitating conditions are vital for the adoption as they ensure the availability of necessary resources like PCs with internet, user knowledge, access to special training, and guidance for solving technological issues. These conditions support smooth integration and increase confidence in using blockchain technology .

To extend the UTAUT model for better evaluation, additional constructs like perceived cost, perceived risks, and trust can be integrated. These factors consider financial implications, risk perceptions, and reliability, providing a comprehensive assessment tailored to blockchain-specific concerns .

Perceived risks, including concerns about task difficulty, risk exposure, and compatibility with personal and professional identity, can discourage users from trying the technology, posing challenges by promoting skepticism and resistance among potential adopters .

Trust in blockchain technology affects perceived usability by reinforcing the belief in its reliability, privacy, and task fulfillment without constant supervision. Trust enhances user confidence, leading to greater acceptance and integration into academic processes .

Effort expectancy plays a crucial role in the adoption of blockchain technology by determining how easy users find the technology to learn and use. Its components include the ease of learning, clarity of interaction, overall user-friendliness, skill acquisition, and the ability to control the technology to perform desired tasks .

Overcoming perceived cost barriers could lead to widespread adoption and integration of blockchain technology, resulting in improved academic efficiencies, better data management, innovative learning environments, and positioning institutions as leaders in educational technology advancements .

Increased trust could significantly boost user satisfaction as users feel confident about the reliability and privacy of blockchain systems, leading to a higher likelihood of positive experiences and strong satisfaction levels with the technology .

Perceived risk and cost impact usage intention by potentially discouraging users due to fear of job difficulty, overall risk exposure, cost concerns, and misalignment with self-image. Users may hesitate to adopt the technology if they perceive these factors as obstacles .

Facilitating conditions, such as resource availability and technical support, aid in seamless integration and operation of blockchain technology, directly enhancing user satisfaction by creating a supportive environment that encourages technology use and diminishes potential frustrations .

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