Application of blockchain technology in smarter energy transaction

Bo Zhou; Linfeng Wang; Ning Xu; Nan Xu; Hongshan Zhang; Yanan Wang; Suhang Yao

doi:10.1117/12.2652521

6 September 2022 Application of blockchain technology in smarter energy transaction

Bo Zhou, Linfeng Wang, Ning Xu, Nan Xu, Hongshan Zhang, Yanan Wang, Suhang Yao

Proceedings Volume 12332, International Conference on Intelligent Systems, Communications, and Computer Networks (ISCCN 2022); 1233203 (2022) https://doi.org/10.1117/12.2652521
Event: International Conference on Intelligent Systems, Communications, and Computer Networks (ISCCN 2022), 2022, Chengdu, China

Abstract

Blockchain is currently one of the most suitable technical means to open up physical entities and virtual data to the value level. Its core is to rely on a distributed consensus mechanism to achieve reliable reconstruction and transfer of value. The technical principles and value characteristics of the blockchain coincide with the inherent demands of smart energy. In order to break through the traditional electricity market-oriented trading model and improve the application level of blockchain technology in smart energy transactions, this article describes the application of blockchain technology in smart energy transactions, analyzes its key technical difficulties, and analyzes the key technical difficulties. The prospects are put forward to provide a reference for the application of blockchain technology in the field of electricity trading.

Citation Download Citation

Bo Zhou, Linfeng Wang, Ning Xu, Nan Xu, Hongshan Zhang, Yanan Wang, and Suhang Yao "Application of blockchain technology in smarter energy transaction", Proc. SPIE 12332, International Conference on Intelligent Systems, Communications, and Computer Networks (ISCCN 2022), 1233203 (6 September 2022); https://doi.org/10.1117/12.2652521

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