diff --git a/examples/cactus-example-supply-chain-frontend/tsconfig.json b/examples/cactus-example-supply-chain-frontend/tsconfig.json
index cb978460758..57811820969 100644
--- a/examples/cactus-example-supply-chain-frontend/tsconfig.json
+++ b/examples/cactus-example-supply-chain-frontend/tsconfig.json
@@ -14,7 +14,7 @@
     "importHelpers": true,
     "target": "ES2022",
     "lib": [
-      "es2018",
+      "ES2022",
       "dom"
     ],
     "resolveJsonModule": true,
diff --git a/examples/test-run-transaction/tsconfig.json b/examples/test-run-transaction/tsconfig.json
index 98a8691880f..d56cfc0018c 100644
--- a/examples/test-run-transaction/tsconfig.json
+++ b/examples/test-run-transaction/tsconfig.json
@@ -2,12 +2,10 @@
   "compilerOptions": {
     /* Basic Options */
     "incremental": true,                   /* Enable incremental compilation */
-    "target": "ES2017", /* Specify ECMAScript target version: 'ES3' (default), 'ES5', 'ES2015', 'ES2016', 'ES2017', 'ES2018', 'ES2019' or 'ESNEXT'. */
+    "target": "ES2022", /* Specify ECMAScript target version: 'ES3' (default), 'ES5', 'ES2015', 'ES2016', 'ES2017', 'ES2018', 'ES2019' or 'ESNEXT'. */
     "module": "CommonJS", /* Specify module code generation: 'none', 'commonjs', 'amd', 'system', 'umd', 'es2015', or 'ESNext'. */
     "lib": [
-      "es2015",
-      "es2016",
-      "es2017",
+      "ES2022",
       "dom"
     ], /* Specify library files to be included in the compilation. */
     // "allowJs": true,                       /* Allow javascript files to be compiled. */
diff --git a/packages/cactus-common/src/main/typescript/exception/create-runtime-error-with-cause.ts b/packages/cactus-common/src/main/typescript/exception/create-runtime-error-with-cause.ts
index bef8326dffb..f6bf6029d1a 100644
--- a/packages/cactus-common/src/main/typescript/exception/create-runtime-error-with-cause.ts
+++ b/packages/cactus-common/src/main/typescript/exception/create-runtime-error-with-cause.ts
@@ -2,6 +2,25 @@ import { RuntimeError } from "run-time-error-cjs";
 import { coerceUnknownToError } from "./coerce-unknown-to-error";
 
 /**
+ * ## DEPRECATED
+ *
+ * Instead of relying on this function, in the future, use the new `cause`
+ * property of the built-in `Error` type in combination
+ * with the `asError(unknown)` utility function:
+ * ```typescript
+ * import { asError } from "@hyperledger/cactus-common";
+ *
+ * try {
+ *   await performSomeImportantOperation();
+ * } catch (ex: unknown) {
+ *  const cause = asError(ex);
+ *   throw new Error("Something went wrong while doing something.", { cause });
+ * }
+ * ```
+ * More information about the EcmaScript proposal that made this possible:
+ * https://github.com/tc39/proposal-error-cause
+ *
+ * ## The Old Documentation Prior to the Deprecation:
  * ### STANDARD EXCEPTION HANDLING - EXAMPLE WITH RE-THROW:
  *
  * Use the this utility function and pass in any throwable of whatever type and format
@@ -77,6 +96,7 @@ import { coerceUnknownToError } from "./coerce-unknown-to-error";
  *    return result; // 42
  *  }
  * ```
+ * @deprecated
  *
  * @param message The contextual information that will be passed into the
  * constructor of the returned {@link RuntimeError} instance.
@@ -93,9 +113,28 @@ export function createRuntimeErrorWithCause(
 }
 
 /**
+ * ## DEPRECATED
+ *
+ * Instead of relying on this function, in the future, use the new `cause`
+ * property of the built-in `Error` type in combination
+ * with the `asError(unknown)` utility function:
+ * ```typescript
+ * import { asError } from "@hyperledger/cactus-common";
+ *
+ * try {
+ *   await performSomeImportantOperation();
+ * } catch (ex: unknown) {
+ *  const cause = asError(ex);
+ *   throw new Error("Something went wrong while doing something.", { cause });
+ * }
+ * ```
+ * More information about the EcmaScript proposal that made this possible:
+ * https://github.com/tc39/proposal-error-cause
+ *
  * An alias to the `createRuntimeErrorWithCause` function for those prefering
  * a shorter utility for their personal style.
  *
+ * @deprecated
  * @see {@link createRuntimeErrorWithCause}
  * @returns `RuntimeError`
  */
diff --git a/tsconfig.base.json b/tsconfig.base.json
index 1290f6141f9..3867cf14741 100644
--- a/tsconfig.base.json
+++ b/tsconfig.base.json
@@ -9,13 +9,10 @@
     },
     /* Basic Options */
     "incremental": true,                   /* Enable incremental compilation */
-    "target": "ES2017", /* Specify ECMAScript target version: 'ES3' (default), 'ES5', 'ES2015', 'ES2016', 'ES2017', 'ES2018', 'ES2019' or 'ESNEXT'. */
+    "target": "ES2022", /* Specify ECMAScript target version: 'ES3' (default), 'ES5', 'ES2015', 'ES2016', 'ES2017', 'ES2018', 'ES2019' or 'ESNEXT'. */
     "module": "CommonJS", /* Specify module code generation: 'none', 'commonjs', 'amd', 'system', 'umd', 'es2015', or 'ESNext'. */
     "lib": [
-      "es2015",
-      "es2016",
-      "es2017",
-      "es2019",
+      "ES2022",
       "dom"
     ], /* Specify library files to be included in the compilation. */
     // "allowJs": true,                       /* Allow javascript files to be compiled. */
diff --git a/tsconfig.json b/tsconfig.json
index 600c138e5ed..790f7474e6d 100644
--- a/tsconfig.json
+++ b/tsconfig.json
@@ -172,13 +172,10 @@
   ],
   "compilerOptions": {
     "incremental": true,
-    "target": "ES2017",
+    "target": "ES2022",
     "module": "Node16",
     "lib": [
-      "es2015",
-      "es2016",
-      "es2017",
-      "es2019",
+      "ES2022",
       "dom"
     ] /* Specify library files to be included in the compilation. */,
     // "allowJs": true,                       /* Allow javascript files to be compiled. */