Selection of renewable energy alternatives for green blockchain investments: A hybrid IT2-based fuzzy modelling

dc.authorid0000-0002-8072-031X
dc.authorid0000-0002-9858-1266
dc.authorid0000-0003-1354-9580
dc.contributor.authorLiu, Juan
dc.contributor.authorLv, Jun
dc.contributor.authorDinçer, Hasan
dc.contributor.authorYüksel, Serhat
dc.contributor.authorKarakuş, Hüsne
dc.date.accessioned2021-10-20T08:50:05Z
dc.date.available2021-10-20T08:50:05Z
dc.date.issued2021
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Uluslararası Ticaret ve Finansman Bölümü
dc.description.abstractIn this study, it is aimed to determine the most suitable renewable energy alternatives that can be used in blockchain investments. In this context, firstly, a wide literature review is made and 6 different criteria that could have an impact on this decision are determined. The analysis process of the consists of two different stages. Firstly, the significance levels of these criteria are calculated with the help of interval type-2 (IT2F) decision making trial and evaluation laboratory (DEMATEL)-analytical hierarchy process (ANP) (DANP) method. According to the analysis results obtained, it has been determined that continuity in energy supply and legal conditions are the most important criteria. Hence, it is recommended that while choosing among renewable energy alternatives, it is necessary to pay attention to the legal regulations in the country. Another important point is that attention should be paid to this issue in renewable energy sources to be selected in order to have sustainable benefit from energy in blockchain technologies. On the other hand, in the second phase of the analysis process of the study, 5 different renewable energy alternatives are listed according to their suitability in blockchain technology. In this process, the IT2 fuzzy VIseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) approach has been taken into consideration. As a result, it is concluded that wind and solar energy are the most suitable energy alternatives for this technology. Considering the results obtained, it is understood that countries that use blockchain technology should pay particular attention to wind and solar investments. In this regard, companies that use wind and solar energy with individuals or institutions using blockchain technology should be in cooperation. Thanks to these renewable energy alternatives, excess energy consumption resulting from the use of blockchain technology can be achieved with environmentally friendly energy sources. In other words, it will be possible to minimize the carbon emission problem that occurs with the use of this technology.
dc.description.sponsorshipShanghai Pujiang Programen_US
dc.identifier.citationLiu, J., Lv, J., Dinçer, H., Yüksel, S. ve Karakuş, H. (2021). Selection of renewable energy alternatives for green blockchain investments: A hybrid IT2-based fuzzy modelling. Archives of Computational Methods in Engineering, 28(5), 3687-3701. https://dx.doi.org/10.1007/s11831-020-09521-2
dc.identifier.doi10.1007/s11831-020-09521-2
dc.identifier.endpage3701
dc.identifier.issn1134-3060
dc.identifier.issn1886-1784
dc.identifier.issue5
dc.identifier.scopusqualityQ1
dc.identifier.startpage3687
dc.identifier.urihttps://dx.doi.org/10.1007/s11831-020-09521-2
dc.identifier.urihttps://hdl.handle.net/20.500.12511/8481
dc.identifier.volume28
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSpringer
dc.relation.ispartofArchives of Computational Methods in Engineeringen_US
dc.relation.publicationcategoryDiğer
dc.rightsinfo:eu-repo/semantics/embargoedAccess
dc.subjectHybrid IT2-based Fuzzy Modelling
dc.subjectGreen Blockchain Investments
dc.subjectEnergy Alternatives
dc.titleSelection of renewable energy alternatives for green blockchain investments: A hybrid IT2-based fuzzy modelling
dc.typeReview Article

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