A peer-to-peer verifiable and secure energy trading framework based on blockchain technology

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dc.contributor.authorDe Diego, Santiago
dc.contributor.authorSeco, Inaki
dc.contributor.authorEscalante, Marisa
dc.contributor.authorVakakis, Nikolaos
dc.contributor.authorAlexandros, Schoinas
dc.contributor.authorDrosou, Anastasis
dc.contributor.authorTzovaras, Dimitrios
dc.contributor.authorVotis, Konstantinos
dc.contributor.authorThomas, Thomman
dc.contributor.authorColet, Alba
dc.contributor.authorParadell, Pol
dc.contributor.institutionCIBERSEC&DLT
dc.date.accessioned2024-09-10T14:15:03Z
dc.date.available2024-09-10T14:15:03Z
dc.date.issued2021-07-29
dc.descriptionPublisher Copyright: © 2021 IEEE.
dc.description.abstractBlockchain technology is currently being adopted in several domains and applications, including the energy domain and specifically in smart grids. One of the principal applications of blockchain technology is peer-to-peer energy trading among stakeholders of smart grids, providing trusted transactions without the need of third parties. Also, e-auctions are rapidly growing as a mean of e-commerce that allows direct product bidding through the internet. One of the major issues of e-auctions is the reliance on a third-party to host the e-auction platform which not only induces extra cost and complexity of transactions, but also the third-party should be trusted by buyers and sellers, as it handles all the e-auction processes. In addition, trust may also be undermined by potential malicious sellers or buyers. This paper introduces a blockchain-based energy trading framework based on a sealed bid auction type to offer a safe, trusted and privacy preserving energy exchange mechanism between EPES stakeholders of an islanded part of the grid that constitute an energy community, developed in context of the SDN-microSENSE. Furthermore, this framework utilises blockchain solutions for monitoring the security status of smart grid devices in order to confront any transactions involving malicious parties or parties with compromised equipment.en
dc.description.sponsorshipACKNOWLEDGMENT SDN-microSENSE project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 833955. The information contained in this publication reflects only the authors’ view. EC is not responsible for any use that may be made of this information. This paper presents the work detailed in the deliverable D4.5 “Blockchain-based Energy Trading Framework” SDN-microSENSE project has received funding from the European Union s Horizon 2020 research and innovation programme under grant agreement No 833955. The information contained in this publication reflects only the authors view. EC is not responsible for any use that may be made of this information. This paper presents the work detailed in the deliverable D4.5 "Blockchain-based Energy Trading Framework"
dc.description.statusPeer reviewed
dc.format.extent7
dc.identifier.citationDe Diego , S , Seco , I , Escalante , M , Vakakis , N , Alexandros , S , Drosou , A , Tzovaras , D , Votis , K , Thomas , T , Colet , A & Paradell , P 2021 , A peer-to-peer verifiable and secure energy trading framework based on blockchain technology . in Proceedings of the 2021 5th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2021 . Proceedings of the 2021 5th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2021 , Institute of Electrical and Electronics Engineers Inc. , pp. 241-247 , 5th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2021 , London , United Kingdom , 29/07/21 . https://doi.org/10.1109/WorldS451998.2021.9514028
dc.identifier.citationconference
dc.identifier.doi10.1109/WorldS451998.2021.9514028
dc.identifier.isbn9781665400961
dc.identifier.urihttps://hdl.handle.net/11556/5181
dc.identifier.urlhttp://www.scopus.com/inward/record.url?scp=85114450349&partnerID=8YFLogxK
dc.language.isoeng
dc.publisherInstitute of Electrical and Electronics Engineers Inc.
dc.relation.ispartofProceedings of the 2021 5th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2021
dc.relation.ispartofseriesProceedings of the 2021 5th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2021
dc.relation.projectIDEuropean Union s Horizon 2020 research and innovation programme
dc.relation.projectIDHorizon 2020 Framework Programme, H2020, 833955
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.subject.keywordsAnomaly detection
dc.subject.keywordsBlockchain
dc.subject.keywordsEnergy trading
dc.subject.keywordsSmart grids
dc.subject.keywordsArtificial Intelligence
dc.subject.keywordsComputer Networks and Communications
dc.subject.keywordsRenewable Energy, Sustainability and the Environment
dc.subject.keywordsSafety, Risk, Reliability and Quality
dc.subject.keywordsEducation
dc.subject.keywordsSafety Research
dc.titleA peer-to-peer verifiable and secure energy trading framework based on blockchain technologyen
dc.typeconference output
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