Blockchain Technology Adoption by Bangladesh Capital Markets: An Empirical Analysis

The adoption of the block chain technology in capital markets of Bangladesh engaged an insightful processing of the financial services offered to the customers. This demonstrates the potential use of block chain while implying the determinants of effort expectancy, facilitating condition, performance expectancy, social influence, behavioural intention and use behaviour (EE, FC, PE, SI, BI and UB). The research examines and evaluate the relationship of these aspects while employing quantitative research method (PLS-SEM model) against the simple random sample of 384 from capital market regulator, broker, and investor with key stakeholders. The finding of the determinants indicates the significant relationship among the stakeholders of capital markets for employing block chain in capital markets of Bangladesh. The moderate effects of performance expectancy, effort expectancy, social influences are reflected on the behavioural intention. The finding also shares the societal influence and a person’s behavioural intention are effective determinants to employ blockchain technology. This research has significant implications for the financial managers in capital markets, with future works to be considered on the given usage of blockchain technology in Bangladesh developing markets. It is recommended that relationship between the individual behavioural approach is in requirement of training for to apply advanced analytics in the financial businesses using the cutting-edge methods of digital working.

DOI: https://doi.org/10.59857/IJABS4906