Location
Hilton Hawaiian Village, Honolulu, Hawaii
Event Website
https://hicss.hawaii.edu/
Start Date
3-1-2024 12:00 AM
End Date
6-1-2024 12:00 AM
Description
Central Bank Digital Currency (CBDC) are a rapidly evolving payment technology, with privacy being a crucial factor. Research on privacy in CBDC is limited and focuses mainly on technical considerations and its link to adoption intention. This paper presents a first step towards understanding privacy norms in digital euro transactions for German citizens. The study employs a large-scale questionnaire, based on contextual integrity theory, to investigate acceptable flows of information and privacy parameters for CBDC and other digital payment methods. We conduct a pretest with 127 respondents, followed by a main study with 1064 respondents to measure and compare acceptability of various information flows. The results reveal the importance of (un)acceptable recipients of transaction- and identity-related information and the influence of different transmission principles. The findings can be used by central banks and policymakers to design and implement CBDC that corresponds to individuals' privacy norms.
Recommended Citation
Tronnier, Frederic, "Using Contextual Integrity to Uncover Acceptability of Information Flows in Central Bank Digital Currency Transactions" (2024). Hawaii International Conference on System Sciences 2024 (HICSS-57). 2.
https://aisel.aisnet.org/hicss-57/os/blockchain/2
Using Contextual Integrity to Uncover Acceptability of Information Flows in Central Bank Digital Currency Transactions
Hilton Hawaiian Village, Honolulu, Hawaii
Central Bank Digital Currency (CBDC) are a rapidly evolving payment technology, with privacy being a crucial factor. Research on privacy in CBDC is limited and focuses mainly on technical considerations and its link to adoption intention. This paper presents a first step towards understanding privacy norms in digital euro transactions for German citizens. The study employs a large-scale questionnaire, based on contextual integrity theory, to investigate acceptable flows of information and privacy parameters for CBDC and other digital payment methods. We conduct a pretest with 127 respondents, followed by a main study with 1064 respondents to measure and compare acceptability of various information flows. The results reveal the importance of (un)acceptable recipients of transaction- and identity-related information and the influence of different transmission principles. The findings can be used by central banks and policymakers to design and implement CBDC that corresponds to individuals' privacy norms.
https://aisel.aisnet.org/hicss-57/os/blockchain/2