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The purpose of this study is to determine the variables that affect investors' intentions to use blockchain technology in the UAE stock market. A theoretical model was created based on the Unified Theory of Acceptance and Use of Technology (UTAUT). To test the hypotheses, a survey of 274 investors in the UAE was conducted. In the end, the results demonstrate that trust, social influence, and performance expectancy all favourably affect behavioral intention toward the usage of blockchain technology. Furthermore, the findings demonstrated that older investors and investors with more years of blockchain technology experience had a stronger relationship between facilitating conditions and behavioral intention for blockchain adoption in the stock market. Furthermore, it is concluded that for women and investors with less experience with blockchain technology, there is a larger correlation between social influence and behavioral intention toward blockchain adoption.
Hussein et al. (Sun,) studied this question.
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