Volume 20, Issue 1 (3-2025)
J. Mon. Ec. 2025, 20(1): 95-119 |
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kouhzadi F, rashidi H, shojaei M, sader M M. Systematic Identification and Analysis of Factors Affecting the Adoption, Development and Implementation of Digital Rial in Iran Based on Optimal Governance. J. Mon. Ec. 2025; 20 (1) :95-119
URL: http://jme.mbri.ac.ir/article-1-748-en.html
URL: http://jme.mbri.ac.ir/article-1-748-en.html
1- PhD in Business Administration, Marketing Management
2- Ph.D. in Public Administration, Bank Sepah, Khuzestan region branches management
3- Ph.D. in Sociology, specializing in Economics and Development, General manager of western regions of Iran, Bank Sepah
4- Assistant Professor, Information technology department, Payam Noor University, Tehran
2- Ph.D. in Public Administration, Bank Sepah, Khuzestan region branches management
3- Ph.D. in Sociology, specializing in Economics and Development, General manager of western regions of Iran, Bank Sepah
4- Assistant Professor, Information technology department, Payam Noor University, Tehran
Abstract: (1062 Views)
Central Bank Digital Currencies (CBDCs), as emerging instruments within international monetary systems, hold substantial potential for enhancing financial transparency, reducing transaction costs, and strengthening monetary security. Given the economic and policy imperatives, the implementation of a digital rial in Iran requires a comprehensive examination of its technical, economic, and institutional dimensions. This study aims to systematically identify and analyze the key factors influencing the acceptance, development, and implementation of the digital rial in Iran. The research employs a mixed-methods design. In the qualitative phase, data were collected through semi-structured interviews with experts in finance, technology, and policy, and analyzed using thematic analysis; the final model was subsequently developed using Interpretive Structural Modeling (ISM). In the quantitative phase, data were gathered through standardized questionnaires using stratified sampling and analyzed through Structural Equation Modeling (SEM). The findings include 120 open codes, 24 basic themes, and 6 organizing themes. The results indicate that factors such as trust in good governance, advanced technological infrastructure, perceived security, system efficiency, and social acceptance constitute core determinants of the successful adoption and development of the digital rial. Enhancing regulatory transparency, establishing effective legal frameworks, and ensuring coherent macro-level policymaking are essential prerequisites for the successful implementation of this project.
Type of Study: Original Research - Theoric |
Subject:
Economics
Received: 26 Oct 2025 | Accepted: 2 Nov 2025 | Published: 2 Nov 2025
Received: 26 Oct 2025 | Accepted: 2 Nov 2025 | Published: 2 Nov 2025
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