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Blockchain-based Peer-to-Peer Transactions in Energy Systems: (IOP ebooks)

Blockchain-based Peer-to-Peer Transactions in Energy Systems: (IOP ebooks)

          
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About the Book

Blockchain is a nascent technology with the potential to disrupt the operational and business models of many industries. The enormous successes recorded by solutions underpinned by blockchain have attracted much attention to it. Beginning from the emergence of Bitcoin in the financial sector, blockchain has continued to impact other industries. It finds application in healthcare, supply chain, energy among other sectors. The technology has emerged as a viable technology for enabling decentralized peer-to-peer transactions. With the high adoption of renewable energy sources, the modern power system has become decentralized thereby paving the way for the integration of blockchain-based solutions. In the energy industry, blockchain can be employed to facilitate decentralised peer-to-peer energy transactions between power grid entities, energy storage sharing among others. Key features: Walks the reader through the basics of blockchain and smart contract development in an easily comprehensible manner suitable for beginners in the field. Further simplifies smart contract development for specific energy-related use-cases Simplifies the specific use-cases explored, such that the reader is able to adapt the solutions to other similar applications beyond the energy industry. Presents recent advances in blockchain technology and the state-of-the-art in blockchain-related research in the energy industry, which would be useful to researchers in the field. Contains useful information for relevant regulatory bodies including the reported barriers to blockchain adoption and policy & regulatory frameworks for improved adoption.

Table of Contents:
1: Introduction to blockchain and smart contract development Introduction Blockchain-related concepts (Cryptographic hashing, private and public keys, merkle trees, blocks, smart contracts etc.) Blockchain architectures (Private, Public & Consortium blockchains) Consensus mechanisms (POW, POS, DPOS etc) Remix IDE, Truffle, OpenZeppelin, Ganache etc. Smart contract development using Remix IDE Summary References 2. Real-world blockchains and their applications Bitcoin (History, applications, strengths/weaknesses, consensus mechanism, blockchain type-private/public etc) Hyperledger Fabric Ethereum Cardano Summary References 3: A literature review of recent advances in blockchain technology Introduction Scalability of blockchain networks Transaction speed in blockchain networks Security of blockchain networks Privacy in blockchain networks Centralization in blockchain networks Discussion Future work Conclusion References 4: Blockchain applications by Industry with a focus on the energy industry Introduction Supply chain (where/how blockchain comes in) Healthcare Water Transportation Finance Energy (Power Ledger, Grid Singularity, Greeneum, Ecocoin, Solarcoin, Share & Charge, Lo3 Energy, Bankymoon etc.) Summary References 5. Drivers of blockchain adoption in the energy sector Introduction Climate change mitigation Renewable energy adoption (Distributed energy resources) Decentralized modern power grid The emergence of prosumers Pooling/sharing of resources for optimal capacity use Conclusion References 6: A systematic literature review on blockchain research in the energy industry Introduction Methodology Results Discussion Future work Conclusion References 7. Blockchain-based P2P energy trading via a double auction mechanism Introduction and literature review Smart contract-based P2P energy trading architecture and algorithm Case study, results and discussion Conclusion References 8. Blockchain-facilitated P2P energy storage capacity auctioning Introduction and literature review Smart contract-based P2P energy storage sharing architecture and algorithm Case study, results and discussion Conclusion References 9. Smart contract for P2P sharing of EV charging station Introduction and literature review Smart contract-based P2P EV charging station sharing architecture and algorithm Case study, results and discussion Conclusion References 10. Future of blockchain technology and its adoption Introduction Current limitations of blockchain technology Barriers to blockchain adoption Policy and regulatory framework for improved blockchain adoption Conclusion References


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Product Details
  • ISBN-13: 9780750362948
  • Publisher: Institute of Physics Publishing
  • Publisher Imprint: Institute of Physics Publishing
  • Language: English
  • ISBN-10: 0750362944
  • Publisher Date: 12 Dec 2023
  • Binding: Digital (delivered electronically)
  • Series Title: IOP ebooks


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