articleIEEE Transactions on Industrial InformaticsJan 1, 2017GREEN OA

Consortium Blockchain for Secure Energy Trading in Industrial Internet of Things

Xiangtan University · Beijing University of Posts and Telecommunications · +1 more institution

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Abstract

In industrial Internet of things (IIoT), peer-to-peer (P2P) energy trading ubiquitously takes place in various scenarios, e.g., microgrids, energy harvesting networks, and vehicle-to-grid networks. However, there are common security and privacy challenges caused by untrusted and nontransparent energy markets in these scenarios. To address the security challenges, we exploit the consortium blockchain technology to propose a secure energy trading system named energy blockchain. This energy blockchain can be widely used in general scenarios of P2P energy trading getting rid of a trusted intermediary. Besides, to reduce the transaction limitation resulted from transaction confirmation delays on the energy…

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1,097
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Authors

6

Topics & keywords

Keywords
  • Blockchain
  • Computer security
  • Computer science
  • Stackelberg competition
  • Exploit
  • Database transaction
  • Payment
  • Security analysis
UN Sustainable Development Goals
  • Affordable and clean energy
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