An Energy Blockchain, a Use Case on Tendermint

Silvestre, Maria Luisa Di; Gallo, Pierluigi; Ippolito, Mariano Giuseppe; Sanseverinc, E. Riva; Sciumè, Giuseppe; Zizzo, Gaetano

doi:10.1109/eeeic.2018.8493919

Cited by 12 publications

(7 citation statements)

References 9 publications

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“…The P2P energy transactions have been demonstrated by the same group in Ref. [51]. Tendermint Core is the consent engine used as it provides the flexibility of using any programming language.…”

Section: Tendermintmentioning

confidence: 99%

Conceptualization of Blockchain Enabled Interconnected Smart Microgrids

Dinesha¹,

Balachandra²

2022

Preprint

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<p> Power systems are undergoing rapid transitions to incorporate renewable sources of generation and to combat climate change. Next stage of transitions will lead to a shift from large-scale, centralized systems to networks of smallsized, distributed electricity systems which require distributed or decentralized ledgers for database management for efficient transactions. Distributed Ledger Technology (DLT) are a form of decentralized ledgers where the transactions (energy, information and money) among various entities are maintained. One such DLT is blockchain technology which offers several advantages. Data recorded in blockchains are difficult to tamper with; have privacy protection; facilitate fast, accurate and real-time settlement of financial transactions. Contemporary research has started focusing on their possible applications in energy systems. State-of-the-art suggests that while business and market aspects have been extensively discussed, the electrical constraints and implementation methodologies have not been adequately addressed. Furthermore, all the reviewed projects have implemented only peer-to-peer transactions that are not scalable. To incorporate the new entities like prosumers, intermicrogrid transactions and interactions with the legacy power grid, new structural and operational frameworks are necessary. The proposed research explores the possibility of developing blockchain enabled smart microgrids (BSMG) with the above frameworks. It aims to build a conceptual framework of BSMG, including the transaction protocols and process flows. It proposes inclusion of network constraints in a three-levelled transaction setup which is executed over a four-layered architecture. Another practical challenge is that BSMGs may be set up on different blockchain platforms. Hence, this paper also proposes implementing Inter-Blockchain Protocol for the first time to include interoperability and communication between different platforms. Finally the performance metrics that will be used to validate the BSMGs are outlined. </p>

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Section: Tendermintmentioning

confidence: 99%

Conceptualization of Blockchain Enabled Interconnected Smart Microgrids

Dinesha¹,

Balachandra²

2022

Preprint

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“…The financial transactions between the buses is implemented on Tendermint through an Application Blockchain Interface (ABCI) written in Java. The P2P energy transactions have been demonstrated by the same group in [51]. Tendermint Core is the consent engine used as it provides the flexibility of using any programming language.…”

Section: Selected Existing Projects : a Reviewmentioning

confidence: 99%

Conceptualization of blockchain enabled interconnected smart microgrids

Dinesha¹,

Balachandra²

2022

Renewable and Sustainable Energy Reviews

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“…Tendermint is a blockchain platform consists of two major technical components: the consensus engine, named Tendermint core, make sure the same transactions are recorded on each machine in the same order; the application interface, named the Application Blockchain Interface (ABCI), it can let the transactions to be processed in any programming language [6]. Tendermint can work well in BFT status (1/3 of the nodes fail arbitrarily) [5], therefore, it is safe enough for this project.…”

Section: B Tendermintmentioning

confidence: 99%

A Blockchain based Autonomous Decentralized Online Social Network

Chen

Cho

2021

2021 IEEE International Conference on Consumer Electronics and Computer Engineering (ICCECE)

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Online social networks (OSN) are becoming more important in people's daily life, however, all popular OSNs are centralized, and this raises a series of security, privacy and management issues. A decentralized architecture based on blockchain technology provides the ability to solve above issues. In this paper, an OSN service is developed based on blockchain technology in order to make it operate decentralized. Large volume of data normally required low-security requirements can be stored in Interplanetary Filesystem (IPFS) to make data decentralized. A decentralized autonomous organization is developed for user autonomy, users can self-manage the OSN in a democratic way.

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An Energy Blockchain, a Use Case on Tendermint

Cited by 12 publications

References 9 publications

Conceptualization of Blockchain Enabled Interconnected Smart Microgrids

Conceptualization of Blockchain Enabled Interconnected Smart Microgrids

Conceptualization of blockchain enabled interconnected smart microgrids

A Blockchain based Autonomous Decentralized Online Social Network

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