“Blockchain, Metaverse, and Digital Payments – A global digital consumer perspective”

Book to be edited by Aijaz A. Shaikh, Galimkair Mutanov, and Heikki Karjaluoto; Publisher: Routledge; Abstract deadline December 20, 2022

Dear scholars/colleagues/friends,

We invite you to contribute a chapter to the research monograph “Blockchain, Metaverse, and Digital Payments,”. The world’s leading academic publisher, Routledge, has consented to publish the monograph in late 2023. This monograph will be a part of Routledge’s Studies in ‘Innovation, Organizations and Technology’ series.

Important dates:

By popular demand, the submission of publications has been extended until January 15, 2023.

• December 20, 2022 – Deadline to submit the abstract/chapter proposal (500-700 words, including the title, background, methodology, and major results)
• January 15, 2023 – Notification of Acceptance/Rejection
• April 1, 2023 – Deadline to submit the book chapter (5000-7000 words, all-inclusive)
• May 5, 2023 – Peer/editor reviews due
• June 15, 2023 – Final book chapter due
• September/October 2023 – Book published

Background

As the delivery of products, services, and ideas becomes digital and virtual, our understanding of technology, payments, money, possessions, and ownership is changing dramatically (Belk et al., 2022). These developments have escalated emerging technologies such as blockchain into a topic of major importance for academics and practitioners. On the same lines, after the promulgation of the revised payment services directive (PSD2), the role played by nonbanking actors—including telecoms, financial technology (FinTech) firms, and BigTech (PayPal and Amazon)—in developing and deploying innovative financial, banking, and payment services is undeniable (Shaikh et al., 2022). Research and Markets (2022) has predicted that the global digital payment market size, estimated at USD 58.31 billion in 2020, is expected to reach USD 69.91 billion in 2021, with new platform-based payment ecosystems emerging across the globe.

The metaverse has been heralded as the next frontier for fueling strategic business opportunities (Golf-Papez et al., 2022). Here, Bloomberg (2022) has reported that the metaverse market may reach USD 783 billion by 2024, compared to USD 478.7 billion in 2020. Blockchain technology is considered disruptive (Frizzo-Barker et al., 2020) and one of the major foundations of the metaverse; it has received much attention from academia and industry alike, yet its usage across various sub-sectors of the economy and industry is slow, and the blockchain technology deployment is still largely experimental (Wang et al., 2019). Due to its secure nature and inclusive transactions, many industrial players, including banking and payment firms, are looking for ways to use the blockchain to develop consumer confidence and trust in digital payments for wider adaptability and use.

Topics of Interest:

We seek conceptual and empirical works exploring or examining consumer behaviour, attitude, preferences, and choices in adopting and using blockchain, metaverse, and digital (online/virtual/mobile) payments. Systematic literature reviews and qualitative and/or mix-method studies are also welcome. The major topics of interest include but are not limited to:

• The innovative management: key concepts and opportunities
• The future of payments in the metaverse
• How is the metaverse reshaping the fintech and payment industry?
• Understanding the interaction between blockchain, metaverse, and digital payments
• Metaverse, crypto, and NFTs
• Fintech, digital payments, and financial inclusion
• Fintech and digital currencies
• Mobile payments and mobile money
• The retail shopping experience, mobile commerce, and metaverse
• Exploring the relationship between fintech and blockchain
• Conceptualizing and theorizing blockchain, metaverse, and digital payments (or digital wallets)
• Digital payments and regulatory frameworks such as DGPR and PSD2
• Artificial Intelligence
• Others

To submit your abstracts/chapters or for any questions, please get in touch with editor Dr. Aijaz A. Shaikh, at aijazshaikh.jsbe@gmail.com

References

Belk, R., Humayun, M., and Brouard, M. (2022). Money, possessions, and ownership in the Metaverse: NFTs, cryptocurrencies, Web3 and Wild Markets. Journal of Business Research, 153, 198-205.

Bloomberg (2022). Metaverse Market size. Available at: https://www.bloomberg.com/press-releases/2022-07-13/metaverse-market-size-worth-824-53-billion-globally-by-2030-at-39-1-cagr-verified-market-research

Frizzo-Barker, J., Chow-White, P. A. , Adams, P. R.,  Mentanko, J., Ha, D., and Green, S. (2020). Blockchain as a disruptive technology for business: A systematic review. International Journal of Information Management, 51, 1-14.

Golf-Papez, M., Heller, J., Hilken, T., Chylinski, M., de Ruyter, K., Keeling, D. I., and Mahr, D. (2022). Embracing falsity through the metaverse: The case of synthetic customer experiences. Business Horizons (In press).

Research and Markets (2022). Global Digital Payment Forecasts 2022-2025. Available at: https://www.researchandmarkets.com/reports

Shaikh, A. A., Alamoudi, H., Alharthi, M., and Glavee-Geo, R. (2022). Advances in mobile financial services: a review of the literature and future research directions. International Journal of Bank Marketing (In press).

Wang, Y., Singgih, M., Wang, J., and Rit, M. (2019). Making sense of blockchain technology: How will it transform supply chains? International Journal of Production Economics, 211, 221-236.