Interoperability of the revolutionary blockchain architectures and Islamic and conventional technology markets: Case of Metaverse, HPB, and Bloknet

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F23%3A96779" target="_blank" >RIV/60460709:41110/23:96779 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.1016/j.qref.2023.09.001" target="_blank" >https://doi.org/10.1016/j.qref.2023.09.001</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.qref.2023.09.001" target="_blank" >10.1016/j.qref.2023.09.001</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Interoperability of the revolutionary blockchain architectures and Islamic and conventional technology markets: Case of Metaverse, HPB, and Bloknet

Popis výsledku v původním jazyce

This study examines how Islamic and conventional technology stock indices interact with blockchain technology assets including Metaverse, High-Performance Blockchain, and Blocknet, throughout different market conditions and horizons. A three-pronged approach is employed, namely the quantile cross-spectral coherency approach, the time-varying parameter vector autoregressions (TVP-VAR), and the Causality in quantiles methodology. The quantile coherency results show that connectivity between new generation blockchains and conventional and Islamic markets varies. It was found that the connectedness of the network of variables rises in the medium run and reaches its peak in the long run as a result of the TVP-VAR approach. It is evident from the results that the application of sharia screening only impacts the relationship between the technology stock index and digital assets significantly, but does not affect the connectedness and causality between the two. Technology managers, policymakers, and blockchain designers are able to gain new insights from these research findings.

Název v anglickém jazyce

Interoperability of the revolutionary blockchain architectures and Islamic and conventional technology markets: Case of Metaverse, HPB, and Bloknet

Popis výsledku anglicky

This study examines how Islamic and conventional technology stock indices interact with blockchain technology assets including Metaverse, High-Performance Blockchain, and Blocknet, throughout different market conditions and horizons. A three-pronged approach is employed, namely the quantile cross-spectral coherency approach, the time-varying parameter vector autoregressions (TVP-VAR), and the Causality in quantiles methodology. The quantile coherency results show that connectivity between new generation blockchains and conventional and Islamic markets varies. It was found that the connectedness of the network of variables rises in the medium run and reaches its peak in the long run as a result of the TVP-VAR approach. It is evident from the results that the application of sharia screening only impacts the relationship between the technology stock index and digital assets significantly, but does not affect the connectedness and causality between the two. Technology managers, policymakers, and blockchain designers are able to gain new insights from these research findings.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Quarterly Review of Economics and Finance

ISSN

1062-9769

e-ISSN

1062-9769

Svazek periodika

92

Číslo periodika v rámci svazku

2023-12-01

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

20

Strana od-do

112-131

Kód UT WoS článku

001082275600001

EID výsledku v databázi Scopus

2-s2.0-85172891684