Proceedings ArticleDOI
Blockchain for smart grid resilience: Exchanging distributed energy at speed, scale and security
Michael Mylrea,Sri Nikhil Gupta Gourisetti +1 more
- pp 18-23
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TLDR
The application of blockchain and smart contracts to improve smart grid cyber resiliency and secure transactive energy applications is explored.Abstract:
Blockchain may help solve several complex problems related to securing the integrity and trustworthiness of rapid, distributed, complex energy transactions and data exchanges. In a move towards grid resilience, blockchain commoditizes trust and enables automated smart contracts to support auditable multiparty transactions based on predefined rules between distributed energy providers and customers. Blockchain based smart contracts also help remove the need to interact with third-parties, facilitating the adoption and monetization of distributed energy transactions and exchanges, both energy flows as well as financial transactions. This may help reduce transactive energy costs and increase the security and sustainability of distributed energy resource (DER) integration, helping to remove barriers to a more decentralized and resilient power grid. This paper explores the application of blockchain and smart contracts to improve smart grid cyber resiliency and secure transactive energy applications.read more
Citations
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Journal ArticleDOI
SHealth: A Blockchain-Based Health System With Smart Contracts Capabilities
TL;DR: Smart-Health (SHealth), a blockchain-based health management system, is presented, a private multi-layered blockchain integrated with a multi-tiered addressing scheme that defines the privileges and permissions of entities in the system.
Book ChapterDOI
Blockchain in the Construction Sector: A Socio-technical Systems Framework for the Construction Industry
TL;DR: This paper proposes a multi-dimensional emergent framework for DLT adoption within the construction sector that took a socio-technical systems approach that encompasses three dimensions: political, social and technical.
Journal ArticleDOI
A secure distributed ledger for transactive energy: The Electron Volt Exchange (EVE) blockchain
Shammya Shananda Saha,Nikhil Ravi,Kari Hreinsson,Jaejong Baek,Anna Scaglione,Nathan G. Johnson +5 more
TL;DR: Work herein introduces the Electron Volt Exchange framework with the following characteristics: a distributed protocol for pricing and scheduling prosumers’ production/consumption while keeping constraints and bids private, and a distributed algorithm to prevent theft that verifies pros consumers’ compliance to scheduled transactions and mitigates the impact of false data injection attacks.
Proceedings ArticleDOI
A Secured and Trusted Demand Response system based on Blockchain technologies
Apostolos C. Tsolakis,Ioannis Moschos,Konstantinos Votis,Dimosthenis Ioannidis,Tzovaras Dimitrios,Pankai Pandey,Sokratis K. Katsikas,Evangelos Kotsakis,Raúl García-Castro +8 more
TL;DR: The aim of the proposed work is to introduce a secure and interoperable Demand Response (DR) management platform that will assist Aggregators (or other relevant Stakeholders involved in DR business scenarios) in their decision making mechanisms over their portfolios of prosumers.
Proceedings ArticleDOI
Blockchain Based Metering and Billing System Proposal with Privacy Protection for the Electric Network
TL;DR: This study aims to propose an alternative system which uses blockchain technology and Internet of Things (IoT) devices for the metering and billing of the customer for the electric network and the trust and privacy issues are aimed to be solved.
References
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Journal ArticleDOI
Blockchains and Smart Contracts for the Internet of Things
TL;DR: The conclusion is that the blockchain-IoT combination is powerful and can cause significant transformations across several industries, paving the way for new business models and novel, distributed applications.
Proceedings ArticleDOI
Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts
TL;DR: In this article, the authors present Hawk, a decentralized smart contract system that does not store financial transactions in the clear on the blockchain, thus retaining transactional privacy from the public's view.
Book
Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World
Don Tapscott,Alex Tapscott +1 more
TL;DR: The technology likely to have the greatest impact on the future of the world economy has arrived, and its not self-driving cars, solar energy, or artificial intelligence, its called the blockchain, a new, distributed platform that can help reshape the world of business and transform the old order of human affairs for the better.
Posted Content
Step by Step Towards Creating a Safe Smart Contract: Lessons and Insights from a Cryptocurrency Lab.
TL;DR: This work documents the experiences in teaching smart contract programming to undergraduate students at the University of Maryland, the first pedagogical attempt of its kind.
Book ChapterDOI
Step by Step Towards Creating a Safe Smart Contract: Lessons and Insights from a Cryptocurrency Lab
TL;DR: In this paper, the authors document their experiences in teaching smart contract programming to undergraduate students at the University of Maryland, the first pedagogical attempt of its kind, where smart contracts deal directly with the movement of valuable currency units between contractual parties, security of a contract program is of paramount importance.