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Blockchain Applications in Smart Grid

Published: 21 March 2022 Publication History

Abstract

With the fast growth of the internet industry, particularly information technology, the smart grid concept has been developed. The smart grid is an attempt to enhance and rejuvenate the secondary sector (the traditional power sector). In the contemporary context, the goal of constructing smart grids is to create a fair and healthy competitive energy market environment. Simultaneously, doing so can help to safeguard the environment and achieve carbon neutrality. With the advent of blockchain, new ideas for smart grid solutions have been developed and implemented. From the standpoint of blockchain types, this article details the aims and contributions made by state of the art technologies, particularly in the field of security. Further, we summarize the shortcomings of existing technologies and the relatively understudied security topics. Then we propose recommendations and describe what the future smart grid should achieve in terms of security.

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Cited By

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  • (2024)A Novel Endorsement Protocol to Secure BFT-Based Consensus in Permissionless Blockchain2024 IEEE Wireless Communications and Networking Conference (WCNC)10.1109/WCNC57260.2024.10570504(1-6)Online publication date: 21-Apr-2024

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      cover image ACM Other conferences
      ACSW '22: Proceedings of the 2022 Australasian Computer Science Week
      February 2022
      260 pages
      ISBN:9781450396066
      DOI:10.1145/3511616
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      Publication History

      Published: 21 March 2022

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      Author Tags

      1. Blockchain
      2. Privacy
      3. Security
      4. Smart Grid
      5. Trust

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      ACSW 2022
      ACSW 2022: Australasian Computer Science Week 2022
      February 14 - 18, 2022
      Brisbane, Australia

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      • (2024)A Novel Endorsement Protocol to Secure BFT-Based Consensus in Permissionless Blockchain2024 IEEE Wireless Communications and Networking Conference (WCNC)10.1109/WCNC57260.2024.10570504(1-6)Online publication date: 21-Apr-2024

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