Cryptocurrency adoption: a systematic literature review and bibliometric analysis

Abstract

Purpose

Cryptocurrencies put consumers at the heart of a potential revolution by shifting central authority to a distributed peer-to-peer monetary system. This study aims to perform a systematic literature review and bibliometric analysis within the topic of cryptocurrencies and consumer trust.

Design/methodology/approach

The Web of Science database has been selected, and the analyses performed allowed us to identify five research trends obtained from the bibliographic coupling analysis: (1) Understanding consumer's (non)acceptance of cryptocurrencies, (2) Ethical aspects and trust in cryptocurrencies, (3) Blockchain technology as a trust-free technology, (4) The blockchain/trust economy, and (5) Blockchain technology: challenging trust.

Findings

Findings uncover the intellectual structure in the field of cryptocurrencies and consumers' trust and offer insights on the pros and cons of consumers' willingness to trust the digital currency.

Originality/value

The study proved a great gap in the current literature in linking cryptocurrencies and trust theories in a consumer context. The authors also outline several gaps that allowed us to propose future research guidelines.

Citation

Sousa, A., Calçada, E., Rodrigues, P. and Pinto Borges, A. (2022), "Cryptocurrency adoption: a systematic literature review and bibliometric analysis", EuroMed Journal of Business, Vol. 17 No. 3, pp. 374-390. https://doi.org/10.1108/EMJB-01-2022-0003