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Smart contract for electricity transactions and charge settlements using blockchain
Applied Stochastic Models in Business and Industry ( IF 1.3 ) Pub Date : 2020-09-11 , DOI: 10.1002/asmb.2570
Jing Lu 1, 2 , Shihong Wu 2 , Hanlei Cheng 2 , Bin Song 2 , Zhiyu Xiang 2
Affiliation  

In this article, aimed at the future “let go” electricity market, smart contracts for grid enterprises doing electricity transactions and charge settlements based on blockchain technology, as well as the trading model using the smart contracts, are proposed. Then the key technological difficulties are analyzed, and the solutions are given. The main goal of our research is to help developing the infrastructure for electricity market members, and match their bilateral trading. By running a smart contract instance in a peer‐to‐peer network composed by 4000 nodes, experiments show that the success rate is 99.38% and the average time consumption for each transaction is 16 seconds. If our method is applied, we can reduce the trust cost of the electric electricity market, and improve the efficiency of the electricity transaction and charge settlement.

中文翻译:

使用区块链进行电力交易和收费结算的智能合约

本文针对未来“放开”的电力市场,提出基于区块链技术的电网企业进行电力交易和收费结算的智能合约,以及使用智能合约的交易模型。然后分析了关键技术难点,并给出了解决方案。我们研究的主要目标是帮助开发电力市场成员的基础设施,并匹配他们的双边贸易。通过在由 4000 个节点组成的点对点网络中运行智能合约实例,实验表明成功率为 99.38%,每笔交易的平均耗时为 16 秒。如果应用我们的方法,可以降低电力市场的信任成本,提高电力交易和收费结算的效率。
更新日期:2020-09-11
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