A Comprehensive Survey on Attacks, Security Issues and Blockchain Solutions for IoT and IIoT

Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers

Peer-to-peer trading is a next-generation energy management technique that economically benefits proactive consumers (prosumers) transacting their energy as goods and services. At the same time, peer-to-peer energy trading is also expected to help the grid by reducing peak demand, lowering reserve requirements, and curtailing network loss. However, large-scale deployment of peer-to-peer trading in electricity networks poses a number of challenges in modeling transactions in both the virtual and physical layers of the network. As such, this article provides a comprehensive review of the state-of-the-art in research on peer-to-peer energy trading techniques. By doing so, we provide an overview of the key features of peer-to-peer trading and its benefits of relevance to the grid and prosumers. Then, we systematically classify the existing research in terms of the challenges that the studies address in the virtual and the physical layers. We then further identify and discuss those technical approaches that have been extensively used to address the challenges in peer-to-peer transactions. Finally, the paper is concluded with potential future research directions.

Peer-to-Peer Trading in Electricity Networks: An Overview

Due to the proliferation of ICT during the last few decades, there is an exponential increase in the usage of various smart applications such as smart farming, smart healthcare, supply-chain & logistics, business, tourism and hospitality, energy management etc. However, for all the aforementioned applications, security and privacy are major concerns keeping in view of the usage of the open channel, i.e., Internet for data transfer. Although many security solutions and standards have been proposed over the years to enhance the security levels of aforementioned smart applications, but the existing solutions are either based upon the centralized architecture (having single point of failure) or having high computation and communication costs. Moreover, most of the existing security solutions have focussed only on few aspects and fail to address scalability, robustness, data storage, network latency, auditability, immutability, and traceability. To handle the aforementioned issues, blockchain technology can be one of the solutions. Motivated from these facts, in this paper, we present a systematic review of various blockchain-based solutions and their applicability in various Industry 4.0-based applications. Our contributions in this paper are in four fold. Firstly, we explored the current state-of-the-art solutions in the blockchain technology for the smart applications. Then, we illustrated the reference architecture used for the blockchain applicability in various Industry 4.0 applications. Then, merits and demerits of the traditional security solutions are also discussed in comparison to their countermeasures. Finally, we provided a comparison of existing blockchain-based security solutions using various parameters to provide deep insights to the readers about its applicability in various applications.

Blockchain for Industry 4.0: A Comprehensive Review

Applying blockchain technology to improve agri-food traceability: a review of development methods, benefits and challenges

Blockchains or distributed ledgers are an emerging technology that has drawn considerable interest from energy supply firms, startups, technology developers, financial institutions, national governments and the academic community. Numerous sources coming from these backgrounds identify blockchains as having the potential to bring significant benefits and innovation. Blockchains promise transparent, tamper-proof and secure systems that can enable novel business solutions, especially when combined with smart contracts. This work provides a comprehensive overview of fundamental principles that underpin blockchain technologies, such as system architectures and distributed consensus algorithms. Next, we focus on blockchain solutions for the energy industry and inform the state-of-the-art by thoroughly reviewing the literature and current business cases. To our knowledge, this is one of the first academic, peer-reviewed works to provide a systematic review of blockchain activities and initiatives in the energy sector. Our study reviews 140 blockchain research projects and startups from which we construct a map of the potential and relevance of blockchains for energy applications. These initiatives were systematically classified into different groups according to the field of activity, implementation platform and consensus strategy used. 1 Opportunities, potential challenges and limitations for a number of use cases are discussed, ranging from emerging peer-to-peer (P2P) energy trading and Internet of Things (IoT) applications, to decentralised marketplaces, electric vehicle charging and e-mobility. For each of these use cases, our contribution is twofold: first, in identifying the technical challenges that blockchain technology can solve for that application as well as its potential drawbacks, and second in briefly presenting the research and industrial projects and startups that are currently applying blockchain technology to that area. The paper ends with a discussion of challenges and market barriers the technology needs to overcome to get past the hype phase, prove its commercial viability and finally be adopted in the mainstream.

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Dale Geach

Papers

Blockchain technology in the energy sector: A systematic review of challenges and opportunities