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Blockchain Based Energy Trade

Author:

Vinod PangraciousAuthors Info & Claims

ICDCN '22: Proceedings of the 23rd International Conference on Distributed Computing and Networking

Pages 278 - 283

https://doi.org/10.1145/3491003.3494122

Published: 24 January 2022 Publication History

Abstract

In today’s world, there is a growing demand for intelligent applications to make city life an interesting experience and sustainable. This paper introduces a Blockchain based peer-to-peer transaction framework applicable for the distributed clean energy trade. The energy-trading model is designed to initiate transactions autonomously based on the data received from the energy management unit. The application works autonomously to manage the generation, consumption and distribution of clean energy using distributed renewable energy sources. The proposed Decentralized Autonomous transaction platform is an autonomous Blockchain-based peer-to-peer transaction framework that aims to increase clean energy production, consumption and optimization, which indeed will reduce greenhouse gas emissions in metro-cities where the excessive clean energy from the distributed energy sources, including homes, office buildings and factories are autonomously traded among the population inside the city.

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Cited By

Moniruzzaman MYassine ABenlamri R(2023)Blockchain and cooperative game theory for peer-to-peer energy trading in smart gridsInternational Journal of Electrical Power & Energy Systems10.1016/j.ijepes.2023.109111151(109111)Online publication date: Sep-2023
https://doi.org/10.1016/j.ijepes.2023.109111

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Blockchain Based Energy Trade

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ICDCN '22: Proceedings of the 23rd International Conference on Distributed Computing and Networking

January 2022

298 pages

ISBN:9781450395601

DOI:10.1145/3491003

Copyright © 2022 ACM.

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Publication History

Published: 24 January 2022

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ICDCN '22

ICDCN '22: 23rd International Conference on Distributed Computing and Networking

January 4 - 7, 2022

AA, Delhi, India

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Cited By

Moniruzzaman MYassine ABenlamri R(2023)Blockchain and cooperative game theory for peer-to-peer energy trading in smart gridsInternational Journal of Electrical Power & Energy Systems10.1016/j.ijepes.2023.109111151(109111)Online publication date: Sep-2023
https://doi.org/10.1016/j.ijepes.2023.109111

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