When energy trading meets blockchain in electrical power system: The state of the art

With the rapid growth of renewable energy resources, energy trading has been shifting from the centralized manner to distributed manner. Blockchain, as a distributed public ledger technology, has been widely adopted in the design of new energy trading schemes. However, there are many challenging issues in blockchain-based energy trading, e.g., low efficiency, high transaction cost, and security and privacy issues. To tackle these challenges, many solutions have been proposed. In this survey, the blockchain-based energy trading in the electrical power system is thoroughly investigated. Firstly, the challenges in blockchain-based energy trading are identified and summarized. Then, the existing energy trading schemes are studied and classified into three categories based on their main focuses: energy transaction, consensus mechanism, and system optimization. Blockchain-based energy trading has been a popular research topic, new blockchain architectures, models and products are continually emerging to overcome the limitations of existing solutions, forming a virtuous circle. The internal combination of different blockchain types and the combination of blockchain with other technologies improve the blockchain-based energy trading system to better satisfy the practical requirements of modern power systems. However, there are still some problems to be solved, for example, the lack of regulatory system, environmental challenges and so on. In the future, we will strive for a better optimized structure and establish a comprehensive security assessment model for blockchain-based energy trading system.This research was funded by Beijing Natural Science Foundation (grant number 4182060).Scopu

P-IOTA: A Cloud-Based Geographically Distributed Threat Alert System That Leverages P4 and IOTA

The recent widespread novel network technologies for programming data planes are remarkably enhancing the customization of data packet processing. In this direction, the Programming Protocol-independent Packet Processors (P4) is envisioned as a disruptive technology, capable of configuring network devices in a highly customizable way. P4 enables network devices to adapt their behaviors to mitigate malicious attacks (e.g., denial of service). Distributed ledger technologies (DLTs), such as blockchain, allow secure reporting alerts on malicious actions detected across different areas. However, the blockchain suffers from major scalability concerns due to the consensus protocols needed to agree on a global state of the network. To overcome these limitations, new solutions have recently emerged. IOTA is a next-generation distributed ledger engineered to tackle the scalability limits while still providing the same security capabilities such as immutability, traceability, and transparency. This article proposes an architecture that integrates a P4-based data plane software-defined network (SDN) and an IOTA layer employed to notify about networking attacks. Specifically, we propose a fast, secure, and energy-efficient DLT-enabled architecture that combines the IOTA data structure, named Tangle, with the SDN layer to detect and notify about network threats

Sustainable Development Report: Blockchain, the Web3 & the SDGs

This is an output paper of the applied research that was conducted between July 2018 - October 2019 funded by the Austrian Development Agency (ADA) and conducted by the Research Institute for Cryptoeconomics at the Vienna University of Economics and Business and RCE Vienna (Regional Centre of Expertise on Education for Sustainable Development).Series: Working Paper Series / Institute for Cryptoeconomics / Interdisciplinary Researc