Design and evaluation of architectural framework for a secured local energy market model based on distributed ledger technologies
Godwin C. Okwuibe,
Thomas Brenner,
Muhammad Yahya
et al.
Abstract:Blockchain‐based local energy markets have been proposed in recent years to provide a market platform for local prosumers and consumers to exchange their energy in a secured, transparent and tamper‐proof manner. However, there are still some challenges regarding the scalability of blockchain to handle high computational models/algorithms/contracts as this may result in the extension of the block size of the blockchain network and very high gas costs. Also, there is still the problem of transparency as regards … Show more
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