A blockchain based lightweight peer-to-peer energy trading framework for secured high throughput micro-transactions

Pradhan, Nihar Ranjan; Singh, Akhilendra Pratap; Verma, Sahil; Kavita, Kavita; Woźniak, Marcin; Shafi, Jana; Ijaz, Muhammad Fazal

doi:10.1038/s41598-022-18603-z

Cited by 30 publications

(6 citation statements)

References 27 publications

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“…It is expected that solutions like A 10 bring several advantages to the construction ecosystem via a token economy and deregulated and open markets. In addition, it (1) streamlines massive micro-transactions with low confirmation latency, (2) facilitates data accessibility while maintaining privacy, (3) shifts from fossil fuels to renewables and (4) engages new prosumers (Pradhan et al, 2022). Solution (A 1 ) obtained the second rank for delivery of "decentralized public-private partnerships" as one of the popular collaborative approaches.…”

Section: Data Analysis and Discussion Of Findingsmentioning

confidence: 99%

Enterprise blockchain solutions for vibrant construction ecosystem: Grey Ordinal Priority Approach

Sadeghi,

Mahmoudi,

Deng

et al. 2023

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PurposeThe aim of this article states that in each stage of the industrial revolution, only a few initiatives have been real game changers. In Industry 3.0, “Internet of Information” has transformed the business landscape via connectivity and communications. Enterprises could come together to spur innovation in a cooperative or competitive manner. In Industry 4.0, the “Internet of Value” has shown considerable benefits; and, blockchain technology is expected to touch all layers of a business ecosystem, and the construction industry is not an exception.Design/methodology/approachThis study aims to answer the “How do enterprise blockchain solutions contribute to the vibrancy of the construction ecosystem from social, economic, and environmental aspects?” Following a comprehensive literature review, the Grey Ordinal Priority Approach (OPA-G) is employed in multiple criteria decision analysis (MCDA). OPA-G can select functionally rich enterprise blockchain solutions that meet the needs of the future construction industry, while there is uncertainty in the input data.FindingsThe results from the case study show that organization under observation welcomes an enterprise blockchain solution that delivers services related to “renewable energy certificates” in the context of “smart cities and built environment”. Employing high-ranked blockchain solutions brings vibracy and sustainability to construction ecosystem in terms of “C6. decentralized finance and investment,” “C3. multi-party and cross-industry collaboration,” and “C8. data-driven value creation”.Originality/valueAt the micro level, blockchain solutions automate processes, streamline operations, and build new capacities on a new business model. At the macro level, blockchain creates a vibrant ecosystem based on transparency, decentralization, consensus-based democracy, interoperability, etc. Indeed, the capability of blockchain solutions at an enterprise scale (enterprise blockchain solutions) can shape a new construction ecosystem. The practical implications of current research are preparing executives for a fundamentally different next normal in construction.

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Section: Data Analysis and Discussion Of Findingsmentioning

confidence: 99%

Enterprise blockchain solutions for vibrant construction ecosystem: Grey Ordinal Priority Approach

Sadeghi,

Mahmoudi,

Deng

et al. 2023

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show abstract

“…This technology is gaining attentions in various study fields. This interest must be due to its key features such as decentralization, anonymity, and immutability [ 46 , 47 ]. Regarding simulators, authors have used both network and traffic ones.…”

Section: Discussionmentioning

confidence: 99%

Security in V2I Communications: A Systematic Literature Review

Marcillo

Tamayo-Urgilés

Caraguay

et al. 2022

Sensors

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Recently, the number of vehicles equipped with wireless connections has increased considerably. The impact of that growth in areas such as telecommunications, infotainment, and automatic driving is enormous. More and more drivers want to be part of a vehicular network, despite the implications or risks that, for instance, the openness of wireless communications, its dynamic topology, and its considerable size may bring. Undoubtedly, this trend is because of the benefits the vehicular network can offer. Generally, a vehicular network has two modes of communication (V2I and V2V). The advantage of V2I over V2V is roadside units’ high computational and transmission power, which assures the functioning of early warning and driving guidance services. This paper aims to discover the principal vulnerabilities and challenges in V2I communications, the tools and methods to mitigate those vulnerabilities, the evaluation metrics to measure the effectiveness of those tools and methods, and based on those metrics, the methods or tools that provide the best results. Researchers have identified the non-resistance to attacks, the regular updating and exposure of keys, and the high dependence on certification authorities as main vulnerabilities. Thus, the authors found schemes resistant to attacks, authentication schemes, privacy protection models, and intrusion detection and prevention systems. Of the solutions for providing security analyzed in this review, the authors determined that most of them use metrics such as computational cost and communication overhead to measure their performance. Additionally, they determined that the solutions that use emerging technologies such as fog/edge/cloud computing present better results than the rest. Finally, they established that the principal challenge in V2I communication is to protect and dispose of a safe and reliable communication channel to avoid adversaries taking control of the medium.

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“…Constraints (18) and (19) explain that the blockchain is formed when there is a physical flow between the levels of the supply chain. Constraints (20) and (21) indicate that the blockchain is formed when warehouse j is equipped with an IoT tool for block production. Constraint (22) determines the transparency thresholds expected of the supply chain manager.…”

Section: Problem Descriptions and Modelsmentioning

confidence: 99%

“…In a blockchain, each block comprises the hash value of the previous block. Therefore, it becomes very difficult for an attacker to manipulate data on the blockchain 20,21 . One of the effects of using blockchain is transparency because blockchain leads to data immutability.…”

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confidence: 99%

Designing an integrated blockchain-enabled supply chain network under uncertainty

Babaei

Khedmati

Jokar

et al. 2023

Sci Rep

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With the development of communication infrastructure, the design of supply chains has changed significantly. Blockchain technology, as one of the most cutting-edge technologies, can promote transparency among members of the supply chain network. To the best of our knowledge, this is the first study that tries to develop a novel bi-objective optimization model to integrate the transparency resulting from the use of blockchain for designing a three-level supply chain network. The first objective function is to minimize total cost while the second objective function seeks to maximize transparency based on the application of blockchain technology. Moreover, it is worth noting that it is the first attempt to investigate the role of a blockchain model under stochastic conditions. The bi-objectiveness and stochastic nature of the proposed model are then treated using Fuzzy Goal Programming (FGP) and Chance-Constrained programming (CCP) approaches, respectively. To tackle the problem, an improved Branch and Efficiency (B&E) algorithm is developed by incorporating transparency along with cost and service. The impacts of blockchain exclusively through transparency (Case 1) or through transparency, cost, and benefits (Case 2) in Supply Chain Design (SCD) are compared. The results demonstrated that the first case has less computational complexity and better scalability, while the second case has more transparency, less congestion, and more security. As one of the main implications, supply chain managers who are focused on cost minimization as well as transparency maximization are advised to take into account the trade-off between featuring costs and benefits of blockchain technology.

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A blockchain based lightweight peer-to-peer energy trading framework for secured high throughput micro-transactions

Cited by 30 publications

References 27 publications

Enterprise blockchain solutions for vibrant construction ecosystem: Grey Ordinal Priority Approach

Enterprise blockchain solutions for vibrant construction ecosystem: Grey Ordinal Priority Approach

Security in V2I Communications: A Systematic Literature Review

Designing an integrated blockchain-enabled supply chain network under uncertainty

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