Project title The rise of blockchain and cryptocurrency: studying behaviours, successful use-cases, and predicting future trends
Project duration 4 weeks
Description

Blockchain inarguably became one of the buzzwords after powering the architecture of the first digitized currency called “bitcoin”. While everyone became obsessed with all the possible implications of this new technology, and its revolutionary impact on economics, technology, and society, it is important to consider the rationale for embracing it as there are many questions that need to be answered as this technology progresses.

In December 2018, we conducted a web-based survey among Australian and Chinese investors to examine the differences of factors that eastern and western investors take into account. While there is opportunity for winter research scholars to do more analysis and research on this data, they are welcome to choose one of the other related topics in this space based on their interest.

Depending on students interests and their backgrounds, the following research question can be tackled:

  • What is the reasons of success or failure of blockchain start-ups?
  • What are the financial or technical barriers for this technology to be successful?
  • What are people’s attitudes, concerns, behaviours, or barriers for investing in cryptocurrency?
  • What are the suitable business plan for a supply chain use case of blockchain?
  • What are the absorbent capacity of a logistics company for adopting a blockchain technology?
  • What history about internet tells us about the future trends of blockchain?
Depending on which research question is aimed, the research method will be different. It may include designing a behavioural experiment, a web-based survey, or a survey among existing practices. The analysis also may vary from developing an econometric model, to a qualitative approach.
Expected outcomes and deliverables

Scholars will gain skills in conducting a behavioural survey, and most likely will have an opportunity to generate journal /conference publications from their research. Successful researchers will have the opportunity to present their findings to industry partners of Australian Institute of Business and Economics.

Suitable for

This project is suitable for students in economics, business, psychology, IT and transport engineering students. 

Primary supervisor Dr Elnaz Irannezhad​
Further information

Students are encouraged to contact the supervisor if they have any questions regarding the project, to find out which research question they are willing to work on, and how they can benefit from conducting this research.