Examining the avenues of sustainability in resources and digital blockchains backed currencies: evidence from energy metals and cryptocurrencies

Sitara Karim, Muhammad Abubakr Naeem, Aviral Kumar Tiwari, Sania Ashraf

Research output: Contribution to journalArticlepeer-review

22 Citations (Scopus)

Abstract

The sustainability issues have been surmounted in the last decades. The digital disruption caused by blockchains and other digitally backed currencies has raised several serious concerns for policymakers, governmental agencies, environmentalists, and supply chain managers. Alternatively, sustainable resources are environmentally sustainable and naturally available resources which are employable by several regulation authorities to reduce the carbon footprint and attain energy transition mechanisms to support sustainable supply chains in the ecosystem. Using the asymmetric time-varying parameters vector auto-regressions approach, the current study examines the asymmetric spillovers between blockchain-backed currencies and environmentally supported resources. We find clusters between blockchain-based currencies and resource-efficient metals, highlighting similar-class dominance of spillovers. We portrayed several implications of our study for policymakers, supply chain managers, the blockchain industry, sustainable resources mechanisms, and regulatory bodies to emphasize that natural resources play a significant role in attaining sustainable supply chains servicing the benefits to society at large and to other stakeholders.

Original languageEnglish
JournalAnnals of Operations Research
DOIs
Publication statusAccepted/In press - 2023

Keywords

  • Blockchain currencies
  • Environmental sustainability
  • Resource efficiency
  • Sustainable supply chains

ASJC Scopus subject areas

  • General Decision Sciences
  • Management Science and Operations Research

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