Skip to main content

A Blockchain Based Data Management System for Energy Trade

  • Conference paper
  • First Online:
Smart Blockchain (SmartBlock 2018)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 11373))

Included in the following conference series:

Abstract

A new type of energy trade called the distributed energy resource has emerged in recent years, which can bring several benefits to people. However, trust issue also appeared among governments, users and energy companies. To solve the problem, smart contract and Ethereum are used to develop a system for distributed energy trade. A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Ethereum is one of the decentralized platforms that run smart contracts. With the usage of smart contract and Ethereum, the system is reliable and it avoids the risk of using centralized energy management system. Therefore, the purpose of this project is to develop a blockchain based data management IoT system for energy chain transaction by Ethereum and test the smart contract by communicating sequential process (CSP) which is a formal language for describing patterns of interaction in concurrent systems.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Shi, W., Jang, I., Yoo, H.S.: A sealed-bid electronic marketplace bidding auction protocol by using ring signature. In: 2009 Fourth International Conference on Computer Sciences and Convergence Information Technology, pp. 1005–1009. IEEE, Seoul (2009)

    Google Scholar 

  2. Cao, G., Chen, J.: Practical electronic auction scheme based on untrusted third-party. In: Fifth International Conference on Computational and Information Sciences (ICCIS), pp. 493–496. CPS, Hubei (2013)

    Google Scholar 

  3. Underwood, S.: Blockchain beyond bitcoin. Commun. ACM 59, 15–17 (2016)

    Article  Google Scholar 

  4. Gatteschi, V., Lamberti, F., Demartini, C., Pranteda, C., Santamaría, V.: To blockchain or not to blockchain: that is the question. IT Prof. 20, 62–74 (2018)

    Article  Google Scholar 

  5. Hoare, C.A.R.: Communicating sequential processes. Commun. ACM 21, 666–677 (1978)

    Article  Google Scholar 

  6. Buterin, V.: A next-generation smart contract and decentralized application platform. White Paper (2014)

    Google Scholar 

  7. Lowe, Gavin: Breaking and fixing the Needham-Schroeder Public-Key Protocol using FDR. In: Margaria, Tiziana, Steffen, Bernhard (eds.) TACAS 1996. LNCS, vol. 1055, pp. 147–166. Springer, Heidelberg (1996). https://doi.org/10.1007/3-540-61042-1_43

    Chapter  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Mengjie Chen .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Chen, M., Li, Y., Xu, Z., Huang, X., Wang, W. (2018). A Blockchain Based Data Management System for Energy Trade. In: Qiu, M. (eds) Smart Blockchain. SmartBlock 2018. Lecture Notes in Computer Science(), vol 11373. Springer, Cham. https://doi.org/10.1007/978-3-030-05764-0_5

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-05764-0_5

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-05763-3

  • Online ISBN: 978-3-030-05764-0

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics