A blockchain-based smart grid: towards sustainable local energy markets

Mengelkamp, Esther; Notheisen, Benedikt; Beer, Carolin; Dauer, David; Weinhardt, Christof

doi:10.1007/s00450-017-0360-9

Cited by 649 publications

(364 citation statements)

References 22 publications

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“…That is, through energy monitoring and management applications, ICT can promote energy efficiency improvement in production as well as in residential life [6,17]; through substitution and optimization of energy (or material), ICT brings about the dematerialization process with potential of energy saving in many industrial sectors [23,27]. Recently, some studies on cloud computing or blockchain emphasized the important role of ICT in improving energy efficiency and/or market efficiency in certain application fields [11,28,29].…”

Section: Literature Reviewmentioning

confidence: 99%

ICT Development and Sustainable Energy Consumption: A Perspective of Energy Productivity

2018

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Abstract:The information and communication technology (ICT) is closely related to the future of global energy consumption, not only because the ICT equipment itself increasingly consumes energy, but also because it is a general-purpose technology which may affect energy use of almost all sectors. Given the controversy over the net energy-saving effect of ICT, this paper focuses on a new perspective, i.e., energy productivity, to investigate the relationship between ICT development and energy consumption. Using a data panel of 50 economies over the period of 1995 to 2013, results of the Malmquist energy productivity index generally indicate an unbalanced development of energy productivity across the globe, while results of the patent-based ICT knowledge stock indicate a huge gap of ICT development comparing the high-income economies with the others. Furthermore, regression results indicate that ICT development is significantly related to energy productivity improvement. Finally, this paper suggests accelerating ICT development in underdeveloped economies, given the global common task of sustainable energy consumption.

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Section: Literature Reviewmentioning

confidence: 99%

ICT Development and Sustainable Energy Consumption: A Perspective of Energy Productivity

2018

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“…This is likely due to its status as the first established blockchain platform supporting full fledged smart contracts. It's use cases span almost all sectors we looked at, including voting [71], taxation [74], and collaborative urban decisionmaking [5], [78] in government sector; research paper authoring collaboration [90], digital media rights protection [102] and lottery system [102] in education, culture, science and innovation sector; clinical trial process improvement [105], medical data sharing [110], [114], supply chain of drug [121] and food [124] in well-being, health and safety sector; collaborative business process [133], [134], product provenance [137], automated sales systems [139], and sharing economies [147], [148] in the economy sector; sustainable transportation [172] in the transportation sector; energy efficiency and peer-to-peer energy market [178]- [180], [183], [184], [187], [195], and electronic vehicle charging [204] in the energy sector; and building operation management access control [214] in the built environment sector. It should be noted that while Ethereum is a permissionless blockchain, most of the research prototypes are run on the test net or a separate private Ethereum network due to their early stage nature.…”

Section: ) Ethereummentioning

confidence: 99%

Blockchain for Cities—A Systematic Literature Review

2018

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Blockchain is considered one of the most disruptive technologies of our time. Numerous cities around the world are launching blockchain initiatives as part of the overall efforts toward shaping the urban future. However, the infancy stage of the blockchain industry leads to a severe gap between the knowledge we have and the actions urban policy makers are taking. This paper is an effort to narrow this rift. We provide a systematic literature review on concrete blockchain use cases proposed by the research community. At the macro-level, we discuss and organize use cases from 159 selected papers into nine sectors recognized as crucial for sustainable and smart urban future. At the micro-level, we identify a component-based framework and analyze the design and prototypes of blockchain systems studied in a subset of 71 papers. The high-level use case review allows us to illustrate the relationship between them and the four pillars of urban sustainability: social, economic, environmental, and governmental. The system level analysis helps us highlight interesting inconsistencies between well-known blockchain applicability decision rules and the approaches taken by the literature. We also offer two classification methodologies for blockchain use cases and elaborate on how they can be applied to stimulate cross-sector insights in the blockchain knowledge domain.INDEX TERMS Bitcoin, blockchain, computer networks, consensus, crypto token, distributed computing, Ethereum, Hyperledger Fabric, systematic literature review, smart city, smart contract, system analysis and design, peer-to-peer computing, urban sustainability, use case.

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“…In this way, new intelligent transportation systems are developed. Additionally, energy production, management and trading can foster the benefits of the blockchain [21][22][23]. Smart grids and different smart technologies can employ the technology to optimize their operation [23] and new business opportunities can be developed [22].…”

Section: Related Workmentioning

confidence: 99%

EduCTX: A Blockchain-Based Higher Education Credit Platform

et al. 2018

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Blockchain technology enables the creation of a decentralized environment where transactions and data are not under the control of any third party organization. Any transaction ever completed is recorded in a public ledger in a verifiable and permanent way. Based on blockchain technology, we propose a global higher education credit platform, named EduCTX. This platform is based on the concept of the European Credit Transfer and Accumulation System (ECTS). It constitutes a globally trusted, decentralized higher education credit and grading system that can offer a globally unified viewpoint for students and higher education institutions (HEIs), as well as for other potential stakeholders such as companies, institutions and organizations. As a proof of concept, we present a prototype implementation of the environment, based on the open-source Ark Blockchain Platform. Based on a globally distributed peer-to-peer network, EduCTX will process, manage and control ECTX tokens, which represent credits that students gain for completed courses such as ECTS. HEIs are the peers of the blockchain network. The platform is a first step towards a more transparent and technologically advanced form of higher education systems. The EduCTX platform represents the basis of the EduCTX initiative which anticipates that various HEIs would join forces in order to create a globally efficient, simplified and ubiquitous environment in order to avoid language and administrative barriers. Therefore we invite and encourage HEIs to join the EduCTX initiative and the EduCTX blockchain network.

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A blockchain-based smart grid: towards sustainable local energy markets

Cited by 649 publications

References 22 publications

ICT Development and Sustainable Energy Consumption: A Perspective of Energy Productivity

ICT Development and Sustainable Energy Consumption: A Perspective of Energy Productivity

Blockchain for Cities—A Systematic Literature Review

EduCTX: A Blockchain-Based Higher Education Credit Platform

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