Predicting Functional Transparency and Privacy Concerns as Future Challenge for Diffusion of IOT and Blockchain

The study predicts the significant role of 'technology transparency' in terms of its functionality to define the success or failure of any ICT solution comprising the diffusion of IoT with Blockchain. The consumers of cryptocurrency (as an example of Blockchain) taken under consideration. Specifically, 371 cryptocurrency users surveyed quantitative through electronic platform. The findings conclude that the consumer's concerns about IoT's privacy related issues are still highly questionable. In the meanwhile, blockchain is perceived as secure and reliable. The outcome highlights that the diffusion of IoT and Blockchain still holds great surprises and challenges with significant potential to be explore and address.

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