1,004 research outputs found
Peer-to-Peer EnergyTrade: A Distributed Private Energy Trading Platform
Blockchain is increasingly being used as a distributed, anonymous, trustless
framework for energy trading in smart grids. However, most of the existing
solutions suffer from reliance on Trusted Third Parties (TTP), lack of privacy,
and traffic and processing overheads. In our previous work, we have proposed a
Secure Private Blockchain-based framework (SPB) for energy trading to address
the aforementioned challenges. In this paper, we present a proof-on-concept
implementation of SPB on the Ethereum private network to demonstrates SPB's
applicability for energy trading. We benchmark SPB's performance against the
relevant state-of-the-art. The implementation results demonstrate that SPB
incurs lower overheads and monetary cost for end users to trade energy compared
to existing solutions
When Mobile Blockchain Meets Edge Computing
Blockchain, as the backbone technology of the current popular Bitcoin digital
currency, has become a promising decentralized data management framework.
Although blockchain has been widely adopted in many applications, e.g.,
finance, healthcare, and logistics, its application in mobile services is still
limited. This is due to the fact that blockchain users need to solve preset
proof-of-work puzzles to add new data, i.e., a block, to the blockchain.
Solving the proof-of-work, however, consumes substantial resources in terms of
CPU time and energy, which is not suitable for resource-limited mobile devices.
To facilitate blockchain applications in future mobile Internet of Things
systems, multiple access mobile edge computing appears to be an auspicious
solution to solve the proof-of-work puzzles for mobile users. We first
introduce a novel concept of edge computing for mobile blockchain. Then, we
introduce an economic approach for edge computing resource management.
Moreover, a prototype of mobile edge computing enabled blockchain systems is
presented with experimental results to justify the proposed concept.Comment: Accepted by IEEE Communications Magazin
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