GreenCoin: Empowering smart cities using Blockchain 2.0

Dekhane, Siddharth; Mhalgi, Kaushal; Vishwanath, Kaushik; Singh, Shivani; Giri, Nupur

doi:10.1109/icnte44896.2019.8946014

Cited by 7 publications

(6 citation statements)

References 3 publications

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“…The individual attributes are identi ed that are mainly needed per each application domain. This enables selecting the appropriate Blockchain and the subsequent platforms for tailoring the Blockchain to the actual requirements of the application 60 .…”

Section: Overall Discussionmentioning

confidence: 99%

Blockchain as a Middleware for Iot Sensing and Authentication Within Smart Cities: A Systematic Literature Review

Alasbali¹,

Azzuhri²,

Salleh³

et al. 2020

Preprint

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Previous research in Smart City technologies has been narrow and system-specific in both their orientation and focus. Specificity creates the homogeneity of systems architecture that, while beneficial from an experimental position, is entirely incompatible with the broader needs of a system standard. The current review seeks to examine existing research and their outcomes and summarize research milestones in the intersection of three domains of blockchain technologies, IoT capabilities, and smart city solutions. Based on the inclusion criteria, eighteen studies extracted from 6 academic journals contained some form of experimental or model-oriented solution and offered a distinct advantage over other proprietary research in this field. The SLR has divided the central concepts and structural solutions illuminated in the blockchain-IoT-related, smart city research conducted in the past four years into its core components: a structural solution of issues of security and authentication in the IoT, a tangible application of smart contract technologies for decentralized smart negotiation and a means of permissions-based performative oversight and administration. Heterogeneity and proprietary technologies will revise IoT's scope and capabilities and capabilities. However, this intermediary role of the Blockchain has been proven in many experimental and exploratory works and offers a significant advantage over prior structural limitations.

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Section: Overall Discussionmentioning

confidence: 99%

Blockchain as a Middleware for Iot Sensing and Authentication Within Smart Cities: A Systematic Literature Review

Alasbali¹,

Azzuhri²,

Salleh³

et al. 2020

Preprint

View full text Add to dashboard Cite

show abstract

“…Energy consumers may question the fairness, trustworthiness and cyberattack resistance of centralized energy models. Therefore, the authors in [94] leveraged both Dutch and Vickrey auction models for user negotiation and power distribution. In addition, a wallet-based cryptocurrency called GreenCoin is created to support energy payments.…”

Section: Blockchain-based Auction Applicationsmentioning

confidence: 99%

Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges

Laat

Grosso

Shi

2023

IEEE Commun. Surv. Tutorials

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In recent years, blockchain has gained widespread attention as an emerging technology for decentralization, transparency, and immutability in advancing online activities over public networks. As an essential market process, auctions have been well studied and applied in many business fields due to their efficiency and contributions to fair trade. Complementary features between blockchain and auction models trigger a great potential for research and innovation. On the one hand, the decentralized nature of blockchain can provide a trustworthy, secure, and cost-effective mechanism to manage the auction process; on the other hand, auction models can be utilized to design incentive and consensus protocols in blockchain architectures. These opportunities have attracted enormous research and innovation activities in both academia and industry; however, there is a lack of an in-depth review of existing solutions and achievements. In this paper, we conduct a comprehensive state-ofthe-art survey of these two research topics. We review the existing solutions for integrating blockchain and auction models, with some application-oriented taxonomies generated. Additionally, we highlight some open research challenges and future directions towards integrated blockchain-auction models.

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“…Siddharth Dekhane et al [72] presented a blockchain-based power distribution ecosystem for smart cities. This system used a wallet-based currency, called "Green Coin", for power transactions such as buying, selling, and lending.…”

Section: ) Role Of Blockchain-based Solutionmentioning

confidence: 99%

Survey on Blockchain-Based IoT Payment and Marketplaces

2022

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The ever-growing smart applications will expand the Internet of Things (IoT) ecosystem to connect over 75 billion devices by 2025. IoT ecosystems comprise sensors that act as data suppliers and applications where monetary transactions are required to compensate the data producers. This signifies the importance of IoT payments and marketplaces to facilitate micro-transactions of billions of connected devices in the IoT ecosystem, which is heterogeneous, decentralized, and diverse. However, realizing such an ecosystem raises multiple challenges such as overcoming poor inter-operability, resource constraints, and security and privacy vulnerabilities of IoT devices and platforms. Blockchain is a Distributed Ledger Technology (DLT) that can be identified as a potential solution to overcome the challenges in realizing IoT payments and marketplaces. This is due to the characteristics of blockchain such as decentralization, traceability, immutability, and non-repudiation. This paper presents a comprehensive survey on blockchainbased IoT payments and marketplaces. This paper provides a brief introduction to the concepts of IoT payments and IoT marketplaces. Then the technical challenges involved in realizing IoT payment and marketplaces are discussed by highlighting the blockchain-based solutions. Furthermore, blockchain-based smart applications which use IoT marketplace and IoT payment concepts are presented marking the role of blockchain in each of the application. Subsequently, the paper discussed the integration challenges while also highlighting possible solutions. It is envisaged that this paper would shed light on the development of blockchain-based solutions to realize IoT payments and marketplaces.

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GreenCoin: Empowering smart cities using Blockchain 2.0

Cited by 7 publications

References 3 publications

Blockchain as a Middleware for Iot Sensing and Authentication Within Smart Cities: A Systematic Literature Review

Blockchain as a Middleware for Iot Sensing and Authentication Within Smart Cities: A Systematic Literature Review

Integration of Blockchain and Auction Models: A Survey, Some Applications, and Challenges

Survey on Blockchain-Based IoT Payment and Marketplaces

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