Study of impacts of blockchain technology on renewable energy resource findings

【Author】 Mao, Qian; Ma, Xinyuan; Sun, Yunpeng

【Source】RENEWABLE ENERGY

【影响因子】8.634

【Abstract】Using daily data from the beginning of 2018 to the end of 2022 and the Seemingly Unrelated Regression method, this paper sought to determine the relationship between green and non-green cryptocurrency indices as repre-sentative of blockchain technologies on three green bond indices in two periods before the outbreak of COVID-19 and the corona period. The preliminary results confirmed that by spreading the coronavirus, the sensitivity of the green bond market has increased to the gold index. In addition, the green cryptocurrency index (Cardano) significantly impacts green bonds more during the Corona era. The negative effect of the Bitcoin index on the index of green bonds in the Corona era is less than its adverse effect in the pre-corona period. Developing green cryptocurrencies and linking cryptocurrencies and digital green financing are two significant recommended policy implications for scholars and policymakers.

【Keywords】Blockchain technology; Cryptocurrencies; Green resource finding; Green bonds

【发表时间】2023 JUL

【收录时间】2023-06-27

【文献类型】实证性文章

【主题类别】

区块链治理-市场治理-市场分析