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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

The Impact of Covid-19 Towards the Business Landscape in Cryptocurrency Transaction

Mohd Fahmy Ishak, Wan Mohd Hirwani Wan Hussain, Abu Hanifah Ayob, Alya Geogiana Buja, Rabiah Ahmad

http://dx.doi.org/10.6007/IJARBSS/v12-i3/12309

Open access

The challenges of the pandemic crisis have seen changes in lifestyle norms that have major implications for the influence of market culture around the world. Fintech is a new solution for borderless payments and rapidly evolving, it may soon revolutionize the way businesses function forever. The impact of the Covid-19 pandemic has created an unprecedented necessity for both borderless payments and digital platforms. This paper is to examine whether Covid-19 pandemic crisis changed the landscape of business towards cryptocurrency transactions regarding substitution to fiat currency. This paper will utilize quantitative research through questionnaire research based from entrepreneur in Malaysia. The expectation that results from this study many businesses are willing to use cryptocurrency in their daily transactions and future growth.