Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Using Blockchain for Decentralization and Security Enhancement of Smartgrid
The smart grid concept entails integrating energy flow with information flow for the purpose of forming a robust cyber-physical system which would enable participants’ access to energy transactions. Integration of renewable energy and green energy alternative energy sources to the existing power grid is a primary vision of the smart grid concept. Hence enabling an efficient system of smart energy flow which is unrestricted in scalability and customer participation. Sustainability and maximum efficiency are the goal of the smart grid. With the number of growing connections increasing exponentially, the backbone of the smart grid which is the existing grid is experiencing coordination issues due to its centralized orientation. Hence adopting a decentralized topology for managing the smart grid is a viable approach to optimal management of the smart grid. Blockchain technology stands out as a best solution to these foreseen challenges that the smart grid is bound to encounter with its increasing expansion and growth. This paper therefore renders an extensive and detailed analysis of potentially integrating the blockchain technology into the smart grid. The cyber security benefits of adopting blockchain technology for the smart grid implementation is also discussed. ; IJSRED - International Journal of Scientific Research and Engineering Development
Using Blockchain for Decentralization and Security Enhancement of Smartgrid
The smart grid concept entails integrating energy flow with information flow for the purpose of forming a robust cyber-physical system which would enable participants’ access to energy transactions. Integration of renewable energy and green energy alternative energy sources to the existing power grid is a primary vision of the smart grid concept. Hence enabling an efficient system of smart energy flow which is unrestricted in scalability and customer participation. Sustainability and maximum efficiency are the goal of the smart grid. With the number of growing connections increasing exponentially, the backbone of the smart grid which is the existing grid is experiencing coordination issues due to its centralized orientation. Hence adopting a decentralized topology for managing the smart grid is a viable approach to optimal management of the smart grid. Blockchain technology stands out as a best solution to these foreseen challenges that the smart grid is bound to encounter with its increasing expansion and growth. This paper therefore renders an extensive and detailed analysis of potentially integrating the blockchain technology into the smart grid. The cyber security benefits of adopting blockchain technology for the smart grid implementation is also discussed. ; IJSRED - International Journal of Scientific Research and Engineering Development
Using Blockchain for Decentralization and Security Enhancement of Smartgrid
Bede Eze (Autor:in) / Temisan Boyo (Autor:in)
01.06.2022
oai:zenodo.org:7706112
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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