Journal ArticleDOI
Enabling Localized Peer-to-Peer Electricity Trading Among Plug-in Hybrid Electric Vehicles Using Consortium Blockchains
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TLDR
Numerical results indicate that the double auction mechanism can achieve social welfare maximization while protecting privacy of the PHEVs and security analysis shows that the proposed PETCON improves transaction security and privacy protection.Abstract:Â
We propose a localized peer-to-peer (P2P) electricity trading model for locally buying and selling electricity among plug-in hybrid electric vehicles (PHEVs) in smart grids Unlike traditional schemes, which transport electricity over long distances and through complex electricity transportation meshes, our proposed model achieves demand response by providing incentives to discharging PHEVs to balance local electricity demand out of their own self-interests However, since transaction security and privacy protection issues present serious challenges, we explore a promising consortium blockchain technology to improve transaction security without reliance on a trusted third party A localized P 2P E lectricity T rading system with CO nsortium blockchai N (PETCON) method is proposed to illustrate detailed operations of localized P2P electricity trading Moreover, the electricity pricing and the amount of traded electricity among PHEVs are solved by an iterative double auction mechanism to maximize social welfare in this electricity trading Security analysis shows that our proposed PETCON improves transaction security and privacy protection Numerical results based on a real map of Texas indicate that the double auction mechanism can achieve social welfare maximization while protecting privacy of the PHEVsread more
Citations
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Journal ArticleDOI
A Comprehensive Review on Blockchains for Internet of Vehicles: Challenges and Directions
TL;DR: This work presents the state-of-the-art of Blockchain-enabled IoVs (BIoV) with a particular focus on their applications such as crowdsourcing-based applications, energy trading, traffic congestion reduction, collision and accident avoidance and infotainment and content cashing.
Journal ArticleDOI
Changing research paradigms of blockchain for businesses: Proposing a M.A.L.T framework
Journal ArticleDOI
A comprehensive review on blockchains for Internet of Vehicles: Challenges and directions
TL;DR: In this article , the authors present the state-of-the-art Blockchain-enabled Internet of Vehicles (BIoVs) with a particular focus on their applications, such as crowdsourcing-based applications, energy trading, traffic congestion reduction, collision, accident avoidance, infotainment, and content caching.
Journal ArticleDOI
Blockchain based energy trading in ADN with its probable impact on aggregated load profile, available distribution capability and loadability margin
TL;DR: In this article , a modified IEEE 123 bus distribution system has been considered and the effect of incorporating the energy transactions over block-chain in ADN on Available Distribution Capability, aggregated load profile, and load-ability is evaluated.
Patent
Information providing system and server
TL;DR: In this article, an information-providing system includes a plurality of vehicles each configured to perform inter-vehicle charging; and a server, which is configured to permit to set, as a power-supplying vehicle, a vehicle having transmitted the unattended powersupplying permission information.
References
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Book
Convex Optimization
Stephen Boyd,Lieven Vandenberghe +1 more
TL;DR: In this article, the focus is on recognizing convex optimization problems and then finding the most appropriate technique for solving them, and a comprehensive introduction to the subject is given. But the focus of this book is not on the optimization problem itself, but on the problem of finding the appropriate technique to solve it.
Journal ArticleDOI
Rate control for communication networks: shadow prices, proportional fairness and stability
TL;DR: This paper analyses the stability and fairness of two classes of rate control algorithm for communication networks, which provide natural generalisations to large-scale networks of simple additive increase/multiplicative decrease schemes, and are shown to be stable about a system optimum characterised by a proportional fairness criterion.
Proceedings ArticleDOI
A Secure Sharding Protocol For Open Blockchains
TL;DR: ELASTICO is the first candidate for a secure sharding protocol with presence of byzantine adversaries, and scalability experiments on Amazon EC2 with up to $1, 600$ nodes confirm ELASTICO's theoretical scaling properties.
Journal ArticleDOI
Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams
TL;DR: This paper has implemented a proof-of-concept for decentralized energy trading system using blockchain technology, multi-signatures, and anonymous encrypted messaging streams, enabling peers to anonymously negotiate energy prices and securely perform trading transactions.
Journal ArticleDOI
Cognitive machine-to-machine communications: visions and potentials for the smart grid
TL;DR: A CM2M communications architecture for the smart grid is presented, for which an energy-efficiency driven spectrum discovery scheme is presented and significant energy saving and the reliability in supporting data transmissions in thesmart grid are demonstrated.