Trust in Blockchain-Based Advertising: A System Dynamics Approach

As an emerging technology, blockchain can be used in all areas of e-commerce, one of which is advertising. The present study has been designed to identify a dynamic model of trust in blockchain-based advertising and acceptance of this type of advertising. In order to achieve the purpose of the resea...

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Main Authors: Hojjat Nejati Rashtabadi, Mohsen Akbari, Narges Delafrooz, Ali Gholipour Soleimani
Format: Article
Language:fas
Published: University of Tehran 2022-06-01
Series:Journal of Information Technology Management
Subjects:
Online Access:https://jitm.ut.ac.ir/article_87841_86bd14c0dcc49d9870dc58b0086ea58c.pdf
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author Hojjat Nejati Rashtabadi
Mohsen Akbari
Narges Delafrooz
Ali Gholipour Soleimani
author_facet Hojjat Nejati Rashtabadi
Mohsen Akbari
Narges Delafrooz
Ali Gholipour Soleimani
author_sort Hojjat Nejati Rashtabadi
collection DOAJ
description As an emerging technology, blockchain can be used in all areas of e-commerce, one of which is advertising. The present study has been designed to identify a dynamic model of trust in blockchain-based advertising and acceptance of this type of advertising. In order to achieve the purpose of the research, the required information was collected by literature, background review and experts opinions. In the next step, the research information was analyzed using systems dynamics methodology (Sterman approach) and a dynamic research model was presented. After model validation and examining the causal relationships, simulations and scenario analysis were performed using Vensim software. The results show the positive effect of the audience, advertiser and advertising characteristics on trust in blockchain-based advertising and, consequently, the improvement of the audience loyalty coefficient. Also, the results of scenarios indicate an ascending growth (Pessimistic: about %60, Optimistic: about %80) in audience loyalty. Finally, practical suggestions were presented in accordance with the research results
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spelling doaj.art-420ff3abdffb4d658d4f4c66721d8c0d2022-12-22T03:30:46ZfasUniversity of TehranJournal of Information Technology Management2008-58932423-50592022-06-0114Special Issue: The business value of Blockchain, challenges, and perspectives.628210.22059/jitm.2022.8784187841Trust in Blockchain-Based Advertising: A System Dynamics ApproachHojjat Nejati Rashtabadi0Mohsen Akbari1Narges Delafrooz2Ali Gholipour Soleimani3P.h.D Candidate in Marketing, Department of Business Administration, Faculty of Management and Accounting, Islamic Azad University of Rasht, Rasht, Iran.Associate Professor, Department of Management, Faculty of Literature and Humanities, University of Guilan, Rasht, Iran.Assistant Professor, Department of Business Administration, Faculty of Management and Accounting, Islamic Azad University of Rasht, Rasht, Iran.Assistant Professor, Department of Business Administration, Faculty of Management and Accounting, Islamic Azad University of Rasht, Rasht, Iran.As an emerging technology, blockchain can be used in all areas of e-commerce, one of which is advertising. The present study has been designed to identify a dynamic model of trust in blockchain-based advertising and acceptance of this type of advertising. In order to achieve the purpose of the research, the required information was collected by literature, background review and experts opinions. In the next step, the research information was analyzed using systems dynamics methodology (Sterman approach) and a dynamic research model was presented. After model validation and examining the causal relationships, simulations and scenario analysis were performed using Vensim software. The results show the positive effect of the audience, advertiser and advertising characteristics on trust in blockchain-based advertising and, consequently, the improvement of the audience loyalty coefficient. Also, the results of scenarios indicate an ascending growth (Pessimistic: about %60, Optimistic: about %80) in audience loyalty. Finally, practical suggestions were presented in accordance with the research resultshttps://jitm.ut.ac.ir/article_87841_86bd14c0dcc49d9870dc58b0086ea58c.pdfblockchaintrust in advertisingblockchain-based advertisingdynamic modelsystem dynamics
spellingShingle Hojjat Nejati Rashtabadi
Mohsen Akbari
Narges Delafrooz
Ali Gholipour Soleimani
Trust in Blockchain-Based Advertising: A System Dynamics Approach
Journal of Information Technology Management
blockchain
trust in advertising
blockchain-based advertising
dynamic model
system dynamics
title Trust in Blockchain-Based Advertising: A System Dynamics Approach
title_full Trust in Blockchain-Based Advertising: A System Dynamics Approach
title_fullStr Trust in Blockchain-Based Advertising: A System Dynamics Approach
title_full_unstemmed Trust in Blockchain-Based Advertising: A System Dynamics Approach
title_short Trust in Blockchain-Based Advertising: A System Dynamics Approach
title_sort trust in blockchain based advertising a system dynamics approach
topic blockchain
trust in advertising
blockchain-based advertising
dynamic model
system dynamics
url https://jitm.ut.ac.ir/article_87841_86bd14c0dcc49d9870dc58b0086ea58c.pdf
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AT nargesdelafrooz trustinblockchainbasedadvertisingasystemdynamicsapproach
AT aligholipoursoleimani trustinblockchainbasedadvertisingasystemdynamicsapproach