Research Communication | Open Access
Volume 2020 | Communication ID 140 |

Blockchain and collective self-consumption

Hadj Gharib, Abdelkader Khobzaoui, Ra?k Sayah
Academic Editor: Youssef EL FOUTAYENI
Received
Accepted
Published
28 January 2020
12 February 2020
10 March 2020

Abstract: Blockchain is a system for storing and transmitting records of transactions promoting decentralization, transparency, and data integrity. The name comes from its structure, in which individual records, called blocks, are linked together in single list, called a chain. Actually, Blockchain looks like a big database, oftentimes public, containing the history of all the exchanges made between its users since its creation. In this paper, we investigate the possibility of using this technology to track energy consumption. We began on presenting of the fundamental principles that underpin blockchain technologies, such as system architectures, data structures and algorithms, next we provide a systematic review of blockchain activities and initiatives in the energy sector this review offers as a guidance to better assess where and how to apply blockchain technology to achieve energy consumption tracking. Finally, we summarize the characteristics and field-proven benefits of our implementation which shows the feasibility of Blockchain based energy consumption tracking.