Survey on the Application of Blockchain in Enhancing Mutual Trust in Smart Grid Transactions

Yuanyuan Ma; Peng Yang; Huijie Guo; Wenli Jia

doi:10.54097/dfwsem38

Authors

Yuanyuan Ma
Peng Yang
Huijie Guo
Wenli Jia

DOI:

https://doi.org/10.54097/dfwsem38

Keywords:

Blockchain; Smart Grid; Electricity Trading; Mutual Trust Issues.

Abstract

The characteristics of blockchain technology, such as decentralization, traceability, and tamper-proof, are in line with many scenarios in smart grid transactions, and the application of blockchain technology in smart grid power transactions has attracted wide attention. In view of the increasing complexity of smart grid transactions and possible misunderstandings and contradictions or distrust between participants, this paper summarizes and analyzes the application research of blockchain in enhancing mutual trust in smart grid from three aspects: data privacy protection based on blockchain-based data aggregation technology, encryption technology to ensure data security, and smart contract to ensure fair transactions. It provides a valuable reference for the future application of blockchain in the field of smart grid.

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