Blockchain-Based Smart Grids

Blockchain-Based Smart Grids
Author: Miadreza Shafie-khah
Publisher: Academic Press
Total Pages: 232
Release: 2020-04-30
Genre: Technology & Engineering
ISBN: 0128178620

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications.

Blockchain-Based Smart Grids

Blockchain-Based Smart Grids
Author: Miadreza Shafie-khah
Publisher: Academic Press
Total Pages: 234
Release: 2020-05-05
Genre: Technology & Engineering
ISBN: 0128178639

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications. - Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues - Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments - Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology - Written by a global group of authors for worldwide coverage

Blockchain-Based Systems for the Modern Energy Grid

Blockchain-Based Systems for the Modern Energy Grid
Author: Sanjeevikumar Padmanaban
Publisher: Academic Press
Total Pages: 348
Release: 2022-09-13
Genre: Science
ISBN: 0323918514

Blockchain-Based Systems for a Paradigm Shift in the Energy Grid explores the technologies and tools to utilize blockchain for energy grids and assists professionals and researchers to find alternative solutions for the future of the energy sector. The focus of this globally edited book is on the application of blockchain technology and the balance between supply and demand for energy and where it is achievable. Looking at the integration of blockchain and how it will make the network resistant to any failure in sub-components, this book has very clearly explores the areas of energy sector that need in-depth study of Blockchain for expanding energy markets. Meeting the demands of energy by local trading, verifying use of green energy certificates and providing a greater understanding of smart energy grids and Blockchain use cases. Exhaustively exploring the use of Blockchain for energy, this reference useful for all those in the energy industry looking to avoid disruption in the grid and sustain and control successful flow of electricity. - Methods and techniques of Blockchain-based trading and payments are included - Provides process diagrams in techniques and balancing demand and supply - Internet of Energy and its architecture for the future energy sector is explained

Optimal Planning of Smart Grid With Renewable Energy Resources

Optimal Planning of Smart Grid With Renewable Energy Resources
Author: Jain, Naveen
Publisher: IGI Global
Total Pages: 294
Release: 2021-12-10
Genre: Technology & Engineering
ISBN: 1668440148

Understanding the recent developments in renewable energy is crucial for a range of fields in today’s society. As environmental awareness and the need for a more sustainable future continues to grow, the uses of renewable energy, particularly in areas such as smart grid, must be considered and studied thoroughly to be implemented successfully and move society toward a more sustainable future. Optimal Planning of Smart Grid With Renewable Energy Resources offers a detailed guide to the new problems and opportunities for sustainable growth in engineering by focusing on modeling diverse problems occurring in science and engineering as well as novel effective theoretical methods and robust optimization theories, which can be used to analyze and solve multiple types of problems. Covering topics such as electric drives and energy systems, this publication is ideal for researchers, academicians, industry professionals, engineers, scholars, instructors, and students.

Blockchain for Cyberphysical Systems

Blockchain for Cyberphysical Systems
Author: Ali Dorri
Publisher: Artech House
Total Pages: 310
Release: 2020-09-30
Genre: Business & Economics
ISBN: 1630817848

This exciting book will explore how Blockchain (BC) technology has the potential to overcome challenges in the current cyber-physical system (CPS) environment. BC is a timestamp ledger of blocks that is used for storing and sharing data in a distributed manner. BC has attracted attention from practitioners and academics in different disciplines, including law, finance, and computer science, due to its use of distributed structure, immutability and security and privacy. However, applying blockchain in a cyber-physical system (CPS) is not straightforward and involves challenges, including lack of scalability, resource consumption, and delay. This book will provide a comprehensive study on blockchain for CPS. CPS and the existing solutions in CPS and will outline the limitations are presented. The key features of blockchain and its salient features which makes it an attractive solution for CPS are discussed. The fundamental challenges in adopting blockchain for CPS including scalability, delay, and resource consumption are presented and described. Blockchain applications in smart grids, smart vehicles, supply chain; and IoT Data marketplaces are explored. The future research directions to further improve blockchain performance in CPS is also provided.

The Blockchain Technology for Secure and Smart Applications across Industry Verticals

The Blockchain Technology for Secure and Smart Applications across Industry Verticals
Author:
Publisher: Academic Press
Total Pages: 518
Release: 2021-01-23
Genre: Computers
ISBN: 0128219920

The Blockchain Technology for Secure and Smart Applications across Industry Verticals, Volume 121, presents the latest information on a type of distributed ledger used for maintaining a permanent and tamper-proof record of transactional data. The book presents a novel compendium of existing and budding Blockchain technologies for various smart applications. Chapters in this new release include the Basics of Blockchain, The Blockchain History, Architecture of Blockchain, Core components of Blockchain, Blockchain 2.0: Smart Contracts, Empowering Digital Twins with Blockchain, Industrial Use Cases at the Cusp of the IoT and Blockchain Paradigms, Blockchain Components and Concepts, Digital Signatures, Accumulators, Financial Systems, and more. This book is a unique effort to illuminate various techniques to represent, improve and authorize multi-institutional and multidisciplinary research in a different type of smart applications, like the financial system, smart grid, transportation system, etc. Readers in identity-privacy, traceability, immutability, transparency, auditability, and security will find it to be a valuable resource. - Provides a snapshot of the state of current research based on the decentralized system that provides security and privacy to the smart applications - Chapters cover the fundamental concepts of the newly emerged Blockchain technology along with, the various smart applications - Helps to elucidate new trading platforms that provides business benefits like efficiency, auditability, traceability, transparency, feedback, and security

Smart Grid and Enabling Technologies

Smart Grid and Enabling Technologies
Author: Shady S. Refaat
Publisher: John Wiley & Sons
Total Pages: 516
Release: 2021-08-16
Genre: Science
ISBN: 1119422310

SMART GRID AND ENABLING TECHNOLOGIES Discover foundational topics in smart grid technology as well as an exploration of the current and future state of the industry As the relationship between fossil fuel use and climate change becomes ever clearer, the search is on for reliable, renewable and less harmful sources of energy. Sometimes called the “electronet” or the “energy Internet,” smart grids promise to integrate renewable energy, information, and communication technologies with the existing electrical grid and deliver electricity more efficiently and reliably. Smart Grid and Enabling Technologies delivers a complete vision of smart grid technology and applications, including foundational and fundamental technologies, the technology that enables smart grids, the current state of the industry, and future trends in smart energy. The book offers readers thorough discussions of modern smart grid technology, including advanced metering infrastructure, net zero energy buildings, and communication, data management, and networks in smart grids. The accomplished authors also discuss critical challenges and barriers facing the smart grid industry as well as trends likely to be of importance in its future development. Readers will also benefit from the inclusion of: A thorough introduction to smart grid architecture, including traditional grids, the fundamentals of electric power, definitions and classifications of smart grids, and the components of smart grid technology An exploration of the opportunities and challenges posed by renewable energy integration Practical discussions of power electronics in the smart grid, including power electronics converters for distributed generation, flexible alternating current transmission systems, and high voltage direct current transmission systems An analysis of distributed generation Perfect for scientists, researchers, engineers, graduate students, and senior undergraduate students studying and working with electrical power systems and communication systems. Smart Grid and Enabling Technologies will also earn a place in the libraries of economists, government planners and regulators, policy makers, and energy stakeholders working in the smart grid field.

Handbook of Research on Blockchain Technology

Handbook of Research on Blockchain Technology
Author: Saravanan Krishnan
Publisher: Academic Press
Total Pages: 478
Release: 2020-02-04
Genre: Science
ISBN: 012820415X

Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. - Presents the evolution of blockchain, from fundamental theories, to present forms - Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) - Provides complete coverage of the various tools, platforms and techniques used in blockchain - Explores smart contract tools and consensus algorithms - Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery

Cryptocurrencies and Blockchain Technology Applications

Cryptocurrencies and Blockchain Technology Applications
Author: Gulshan Shrivastava
Publisher: John Wiley & Sons
Total Pages: 336
Release: 2020-06-30
Genre: Business & Economics
ISBN: 111962116X

As we enter the Industrial Revolution 4.0, demands for an increasing degree of trust and privacy protection continue to be voiced. The development of blockchain technology is very important because it can help frictionless and transparent financial transactions and improve the business experience, which in turn has far-reaching effects for economic, psychological, educational and organizational improvements in the way we work, teach, learn and care for ourselves and each other. Blockchain is an eccentric technology, but at the same time, the least understood and most disruptive technology of the day. This book covers the latest technologies of cryptocurrencies and blockchain technology and their applications. This book discusses the blockchain and cryptocurrencies related issues and also explains how to provide the security differently through an algorithm, framework, approaches, techniques and mechanisms. A comprehensive understanding of what blockchain is and how it works, as well as insights into how it will affect the future of your organization and industry as a whole and how to integrate blockchain technology into your business strategy. In addition, the book explores the blockchain and its with other technologies like Internet of Things, big data and artificial intelligence, etc.

Blockchain Applications for Secure IoT Frameworks: Technologies Shaping the Future

Blockchain Applications for Secure IoT Frameworks: Technologies Shaping the Future
Author: Sudhir K. Sharma
Publisher: Bentham Science Publishers
Total Pages: 296
Release: 2021-07-08
Genre: Computers
ISBN: 1681088630

This reference presents information about different facets of IoT and blockchain systems that have been recently proposed for practical situations. Chapters provide knowledge about how these technologies are applied in functions related to trust management, identity management, security threats, access control and privacy. Key Features: - Introduces the reader to fundamental concepts of IoT and blockchain technology - reports advances in the field of IoT, ubiquitous computing and blockchain computing - includes the applications of different frameworks - explains the role of blockchains in improving IT security - provides examples of smart grids, data transmission models, digital business platforms, agronomics and big data solutions - Includes references for further reading Blockchain Applications for Secure IoT Frameworks Technologies Shaping the Future is a handy reference for information technology professionals and students who want updated information about applications of IoT and blockchains in secure operational and business processes.