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Journal ArticleDOI

Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams

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TLDR
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.
Abstract
Smart grids equipped with bi-directional communication flow are expected to provide more sophisticated consumption monitoring and energy trading. However, the issues related to the security and privacy of consumption and trading data present serious challenges. In this paper we address the problem of providing transaction security in decentralized smart grid energy trading without reliance on trusted third parties. We have 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. We conducted case studies to perform security analysis and performance evaluation within the context of the elicited security and privacy requirements.

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OtherDOI

Blockchain: Enabling Trust on the Internet of Things

TL;DR: In this article, the basic concepts of blockchain technology and some challenges around technology adoption are discussed, and some emerging challenges and opportunities for blockchain technology in the IoT context are discussed as a potential candidate to reshape several industries such as insurance, pharmaceutical industry, and the energy vertical.
Journal ArticleDOI

An Anonymous Protocol with User Identification and Linking Capabilities for User Privacy in a Permissioned Blockchain

TL;DR: This paper provides a scheme for user management, i.e., identification and authorization, in a permissioned blockchain and proposes an anonymous protocol with user identification and transaction linking capabilities provided by the private server, strictly to solve privacy concerns.
Proceedings ArticleDOI

Research on the Blockchain-based Integrated Demand Response Resources Transaction Scheme

TL;DR: The blockchain-based DRE transaction platform can support the credible transaction and settlement between the IDR resources, and promote the development of DER, and smart contracts of the transactions are designed and deployed on Ethereum private blockchain to prove the validity of the proposed transaction scheme.
Book ChapterDOI

Blockchain Applications in the Industrial Internet of Things

TL;DR: In this paper, a review of blockchain-based approaches on industrial Internet of Things (IIoT) structures is presented, in which a set of common issues and challenges are discussed.
References
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Proceedings ArticleDOI

Smart Grid Privacy via Anonymization of Smart Metering Data

TL;DR: The method described in this paper provides a 3rd party escrow mechanism for authenticated anonymous meter readings which are difficult to associate with a particular smart meter or customer.
Journal ArticleDOI

Dynamic energy-consumption indicators for domestic appliances: environment, behaviour and design

TL;DR: In this paper, the effectiveness of providing paper-based energy-use/saving information with electronic feedback of energy-consumption via smart meters and displays, or "energyconsumption indicators" (ECI) is reviewed.
Book ChapterDOI

Evaluating User Privacy in Bitcoin

TL;DR: This research examines the use of pseudonymity in the Bitcoin network, and the role that it plays in the development of trust and confidence in the system.
Proceedings ArticleDOI

Private memoirs of a smart meter

TL;DR: It is shown that even without a priori knowledge of household activities or prior training, it is possible to extract complex usage patterns from smart meter data using off-the-shelf statistical methods.
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