| Author: | To, Kai Man Clarence |
| Title: | Tango with central bank digital currency : a study of customers’ adoption of central bank digital currency |
| Advisors: | Jiang, Lilian (AF) |
| Degree: | DFinTech |
| Year: | 2022 |
| Subject: | Banks and banking, Central Digital currency Consumer behavior Electronic funds transfers Digital currency -- China -- Hong Kong Hong Kong Polytechnic University -- Dissertations |
| Department: | Faculty of Business |
| Pages: | 130 pages : color illustrations |
| Language: | English |
| Abstract: | For the last two years, Central Bank Digital Currency (CBDC) was in the spotlight, from concept discussion to feasibility implementation in many different countries. This research paper consists of two parts. The first part is a conventional study covering empirical research from various factors that correlate to customers’ intention to adopt central bank digital currency. The analytic results have quantified a positive correlation between customer expectancy, external condition, performance expectancy, external conditions, and perceived risk for intention to use. The second part is taking an alternate approach presenting a problem statement on how CBDC can be deployed in HK on offering e-HKD with business use cases like application on foreign exchange for cross-border, consideration of interest rate, mitigation on customers’ risk alert, and extend use in green charity. Furthermore, through a series of interviews, I present views by financial institutions on risk perspective, and discuss both the business and technical challenges in offering CBDC. Last but not least, the support from local government and regulatory bodies. |
| Rights: | All rights reserved |
| Access: | restricted access |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 6736.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 9.19 MB | Adobe PDF | View/Open |
Copyright Undertaking
As a bona fide Library user, I declare that:
- I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
- I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
- I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.
Please use this identifier to cite or link to this item:
https://theses.lib.polyu.edu.hk/handle/200/12217