Blockchain-as-a-Service (BaaS) for Battery Energy Storage Systems

Ochoa, Justin J.; Bere, Gomanth; Aenugu, Indrasena R.; Kim, Taesic; Choo, Kim‐Kwang Raymond

doi:10.1109/tpec48276.2020.9042496

Cited by 10 publications

(6 citation statements)

References 12 publications

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“…There are many benefits of blockchain technique because it is distributed system, in this paper the author, present the benefits of the blockchain for energy storage system. By using the blockchain, the energy can be trade more efficiently and more profit cab be generated [2]. Energy storage system play important role in blockchain system to control the variation and losses in system but the efficient energy storage system required to provide energy with no delay [3].…”

Section: Literature Reviewmentioning

confidence: 99%

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Application of Blockchain Technology in Energy Sector for Sustainable Future

Farhi,

Laila,

Ahmed

et al. 2022

VAWKUM trans. comput. sci.

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In old energy control system, there was no freedom for users to sale or purchase energy with their own choice and rate because system was centralized and also there were many issues such as electricity theft cases and losses and burden of these losses directly inculdded in public bills. Now after the introduction of blockchain these issues has been resolved such as the blockchain technology give freedom to user to sale or purchase energy according to the own rate with secure transaction system. The conventional energy system with centralizedcontrol technique fails to resolve many issues such as freedom to user’s to sale or purchase energy in network in secure way and combination of blockchain and Microgrid has all feature to resolve all present isssues. In this paper, the blockchain technology features and application of blockchain with clean energy system will be investigate to provide cheap electricity to users by using Microgrid because Blockchain provide complete solutions for energy distribution and trading. In addition, somemajor present issues will be focus such as low eﬃciency, losses and ant algorithm model to distribute the energy in the network eﬃciently.

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Section: Literature Reviewmentioning

confidence: 99%

“…The process is divide in four section first section management of data, access control and information sharing and encryption. Second transaction types it has benefits of direct transaction and price transparency [2]. The first part shows direct transaction, online trading and price transparency.…”

Section: Role Of Blockchain In Renewable Energymentioning

confidence: 99%

Application of Blockchain Technology in Energy Sector for Sustainable Future

Farhi,

Laila,

Ahmed

et al. 2022

VAWKUM trans. comput. sci.

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“…Its benefits include security analysis, continuous data storage, smart contracts, and increased trust. In other work, 34 authors worked on the blockchain as a service for saving battery energy Storage Systems (BESSs) by checking activity management. In this paper, they used embedded software algorithms to evaluate.…”

Section: Technical Analysis Of Baas Modelsmentioning

confidence: 99%

Blockchain as a service models in the Internet of Things management: Systematic review

Deng

Cai

et al. 2020

Trans Emerging Tel Tech

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Today, blockchain uses a list of various blocks for storing a distributed flat of invariable information that informs of a set of replicated logical things in the Internet of Things (IoT). In the blockchain, a set of blocks includes various transactions containing a cryptographic hash value and a timestamp. Blockchain‐as‐a‐service (BaaS) as a new service in cloud providers presents an infrastructure for accessing users to execute, manage, and monitor blockchain applications without high secured infrastructure requirements. Recently, BaaS concepts widely have used the management of IoT applications in different layers such as network, data, control, and resource. This paper provides a systematic review of recent research studies in BaaS models. The main goal behind this review is to categorize the applied scenarios, trends, evaluated Quality of Service (QoS) factors, new challenges, and open directions on BaaS models in IoT management. To evaluate the existing research studies in this field, five analytical research questions are proposed to analyze the technical aspects of each study. The analytical results based on existing research questions specify that the BaaS models are applied to network layer to manage IoT environment more than other layers. Also, security and privacy are two important factors to evaluate the existing BaaS models in cloud‐edge IoT environments. Finally, the integration of BaaS models on IoT environments with interconnections of cloud‐edge computing and software defined networks creates great secure opportunities for smart environment applications to monitor, manage, and improve all the atomic services and resources.

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“…The blockchain technology give freedom to users to sale extra generated electricity to other users in peer-to-peer network instead sale to government organization by using smart meter, which cost around 700 USD dollars [2]. For solar and wind energy system Energy storage system is essential part and in future the energy storage system must be improve to supply electricity all time.…”

Section: Introductionmentioning

confidence: 99%

Application of Advance Energy Storage System in IoT and Blockchain

Saddiqi,

Ahmed,

Farhi

et al. 2022

VFAST trans. softw. eng.

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In many under developing countries the demand of the electricity has been increased rapidly and the cost of the electricity is become very high. The researchers are focusing on cheap energy resources for sustainable future. Only few energy options are available, such as solar power and wind power systems. These systems depend on battery storage system because, if wind speed below desire limits no electricity will generated and same conditions are for solar system, if there will be no sun light or below the desire intensity of light, no electricity can be produced. The commercially available batteries are inefficient and average battery cost 500-1000 US dollars and warranty is around only two years for lead acid battery and three years for dry battery. Previously very limited research work has been done related to topic. The only solution is availability of efficient batteries with low cost and longer life span to address the present issue. Today the demand and utilization of these batteries has been increase so rapidly in many filed such as in energy sector and IoT application. One-way is to improve battery life and efficiency by using Nano coating, Nano wire and Nano batteries. In this paper, the technique presented to improve batteries and storage system for Smartgrid. Also the blockchain technique will be analyzed to control and energy transfer and charging IoT devices efficiently. For analyzing the proposed technique, the matlab simulation tool will be use.

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Blockchain-as-a-Service (BaaS) for Battery Energy Storage Systems

Cited by 10 publications

References 12 publications

Application of Blockchain Technology in Energy Sector for Sustainable Future

Application of Blockchain Technology in Energy Sector for Sustainable Future

Blockchain as a service models in the Internet of Things management: Systematic review

Application of Advance Energy Storage System in IoT and Blockchain

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