Energy blockchain applications are becoming inevitable with the transformation of electricity distributionnetworks into the decentralized Smart Grid 2.0 architecture. The scalability of the blockchain platform plays a key role in catering to the increasing number of nodes connected due to consumerturned-prosumers being integrated into the distribution grid in a distributed manner. Hence, this study aims […]
Read MoreUtilization of a blockchainized reputation management service for performance enhancement of Smart Grid 2.0 applications
- February 6, 2024
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Blockchain has become the technology enabler in delivering modern Smart Grid 2.0 functionalities. Many services including Peer-to-Peer energy trading, distribution network management, financial settlements, and energy data management are catered through blockchain-enabled platforms. However, areas such as service quality-based pricing strategies, supply-demand balancing in distribution system to attain enhanced reliability and consumption-oriented rewarding mechanisms need […]
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