The recent advances in distributed energy systems require new models for exchanging energy among prosumers in microgrids. The blockchain technology promises to solve the digital issues related to distributed systems without a trusted authority and to allow quick and secure energy transactions, which are verified and cryptographically protected. Transactions are approved and subsequently recorded on all the machines participating in the blockchain. This work demonstrates how users, which are nodes of the energy and digital networks, exchange energy supported by a customized blockchain based on Tendermint. We focus on the procedures for generating blocks and defining data structures for storing energy transactions.
Di Silvestre, M., Gallo, P., Ippolito, M., Riva Sanseverino, E., Sciume, G., Zizzo, G. (2018). An Energy Blockchain, a Use Case on Tendermint. In Proceedings - 2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe, EEEIC/I and CPS Europe 2018 (pp. 1-5). Institute of Electrical and Electronics Engineers Inc. [10.1109/EEEIC.2018.8493919].
An Energy Blockchain, a Use Case on Tendermint
Di Silvestre, M. L.;Gallo, P.;Ippolito, M. G.;Riva Sanseverino, E.;Sciume, G.;Zizzo, G.
2018-01-01
Abstract
The recent advances in distributed energy systems require new models for exchanging energy among prosumers in microgrids. The blockchain technology promises to solve the digital issues related to distributed systems without a trusted authority and to allow quick and secure energy transactions, which are verified and cryptographically protected. Transactions are approved and subsequently recorded on all the machines participating in the blockchain. This work demonstrates how users, which are nodes of the energy and digital networks, exchange energy supported by a customized blockchain based on Tendermint. We focus on the procedures for generating blocks and defining data structures for storing energy transactions.
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