Role of Transparency, Traceability, Compatibility, and Relative Advantage towards Raising Blockchain Technology Adaptation in Banking Sector of Bangladesh: The Mediating Role of Perceived Value (Research Square)

Summary

• A total of 443 responses were initially collected from bank employees in Bangladesh, yielding a final analyzed sample of 390 valid responses after excluding 53 unreliable entries.p.7
• The structural model accounts for 66.6% of the variance in Perceived Value and 75.1% of the variance in Intention to Adopt Blockchain Technology.p.2
• Demographic analysis shows 61% of respondents were male, 42% were aged between 30 to 39 years, and 49% held a bachelor's degree.p.9
• Among the surveyed bank employees, 36% had between 3 to 5 years of working experience in the banking sector.p.9
• Harman's single-factor test showed the first factor accounts for 34.17% of indicator variance, demonstrating that common method bias is not a major concern.p.9
• Perceived Value demonstrates a strong total performance effect of 0.866 on the Intention to Adopt Blockchain Technology.p.14

Key insights

1. Perceived transparency, traceability, relative advantage, and compatibility all exert significant positive impacts on perceived value in DLT adoption for banking.p.2
2. Perceived value acts as an essential mediating mechanism translating technological attributes into actionable adoption intentions.p.15