Blockchain for Internet of Energy management: Review, solutions, and challenges

Miglani, Arzoo; Kumar, Neeraj; Chamola, Vinay; Zeadally, Sherali

doi:10.1016/j.comcom.2020.01.014

Cited by 274 publications

(137 citation statements)

References 78 publications

Supporting

Mentioning

133

Contrasting

Unclassified

Order By: Relevance

“…Blockchains have been designed to work on an unreliable network with adversarial entities. By using sophisticated and compute-intensive secure hash algorithms, blockchain achieves data integrity which prevents data erasure, data manipulation, and recording invalid information [10,14,15]. These compute-intensive algorithms are part of proof of work which is a method of consensus by which different nodes in a network can agree upon new data or detect an anomaly.…”

Section: Public Blockchainmentioning

confidence: 99%

A Survey on Consensus Methods in Blockchain for Resource-constrained IoT Networks

Salimitari¹,

Chatterjee²,

Fallah³

2020

Preprint

View full text Add to dashboard Cite

The success of blockchain as the underlying technology for cryptocurrencies has opened up possibilities for its use in other application domains as well. The main advantages of blockchain for its potential use in other areas are its inherent security mechanisms and immunity to data manipulation attacks. A blockchain relies on a consensus method for agreeing on any new data. Most of the consensus methods which are currently used for the blockchain of different cryptocurrencies require high computational power and thus are not suitable for resource-constrained systems. <div><br></div><div>In this article, we survey the various blockchain-based consensus methods that are applicable to resource-constrained IoT devices and networks. In a typical IoT network, there exist several devices with limited computational and communication capabilities. Most often, these devices cannot perform intensive computations and are starved for bandwidth. Therefore, we discuss the possible measures that can be taken to reduce the computational power and convergence time for the underlying consensus methods. We also talk about some of the alternatives to the public blockchain, such as private blockchain and tangle, along with their potential adoption for IoT networks. Furthermore, we review the existing consensus methods that have been implemented and explore the possibility of utilizing them to realize a blockchainbased IoT network. Some of the open research challenges including AI-enabled blockchains are also put forward. </div>

show abstract

Section: Public Blockchainmentioning

confidence: 99%

A Survey on Consensus Methods in Blockchain for Resource-constrained IoT Networks

Salimitari¹,

Chatterjee²,

Fallah³

2020

Preprint

View full text Add to dashboard Cite

show abstract

“…The IoE coordinates various network components with the help of the internet. However, the IoE technology faces many privacy and security issues that can be overcome by blockchain [53], [54].…”

Section: Blockchain and Internet Of Energy (Ioe)mentioning

confidence: 99%

Distributed ADMM Using Private Blockchain for Power Flow Optimization in Distribution Network With Coupled and Mixed-Integer Constraints

2021

View full text Add to dashboard Cite

The optimization problem for scheduling distributed energy resources (DERs) and battery energy storage systems (BESS) integrated with the power grid is important to minimize energy consumption from conventional sources in response to demand. Conventionally this optimization problem is solved in a centralized manner, limiting the size of the problem that can be solved and creating a high communication overhead because all the data is transferred to the central controller. These limitations are addressed by the proposed distributed consensus-based alternating direction method of multiplier (DC-ADMM) optimization algorithm, which decomposes the optimization problem into subproblems with private cost function and constraints. The distribution feeder is partitioned into low coupling subnetworks/regions, which solves the private subproblem locally and exchanges information with the neighboring regions to reach consensus. The relaxation strategy is employed for mixed-integer and coupled constraints introduced in the optimal power flow (OPF) problem by stationary and transportable BESS because DC-ADMM convergence is only guaranteed for strict convex problems. The information exchange and synchronization between subnetworks/regions are vital for distributed optimization. In this work, both of these aspects are addressed by the blockchain. The smart contract deployed on the blockchain network acts as a mediator for secure data exchange and synchronization in distributed computation. The blockchain-based distributed optimization problem's effectiveness is tested for a 0.5-MW laboratory microgrid for one hour ahead and day-ahead for the IEEE 123-bus and EPRI J1 test feeders, and results are compared with a centralized solution. INDEX TERMS Alternating direction method of multiplier, Battery energy storage systems, Blockchain, Distributed optimization, Optimal power flow, Microgrid.

show abstract

“…With the continuous growing interest in the blockchain and IIoT, many new integrated industrial internet platforms and systems have been proposed in the academic studies to provide efficiency and security solutions [33][34][35][36][37]. The core of IIoT is a data-driven network built on the Internet of Things and traditional internet network.…”

Section: Layered Industrial Internet Architectures Researchmentioning

confidence: 99%

A Novel Blockchain Framework for Industrial IoT Edge Computing

Zeng

Yang

et al. 2020

Sensors

View full text Add to dashboard Cite

With the rapid development of industrial internet of thing (IIoT), the distributed topology of IIoT and resource constraints of edge computing conduct new challenges to traditional data storage, transmission, and security protection. A distributed trust and allocated ledger of blockchain technology are suitable for the distributed IIoT, which also becomes an effective method for edge computing applications. This paper proposes a resource constrained Layered Lightweight Blockchain Framework (LLBF) and implementation mechanism. The framework consists of a resource constrained layer (RCL) and a resource extended layer (REL) blockchain used in IIoT. We redesign the block structure and size to suit to IIoT edge computing devices. A lightweight consensus algorithm and a dynamic trust right algorithm is developed to improve the throughput of blockchain and reduce the number of transactions validated in new blocks respectively. Through a high throughput management to guarantee the transaction load balance of blockchain. Finally, we conducted kinds of blockchain simulation and performance experiments, the outcome indicated that the method have a good performance in IIoT edge application.

show abstract

Blockchain for Internet of Energy management: Review, solutions, and challenges

Cited by 274 publications

References 78 publications

A Survey on Consensus Methods in Blockchain for Resource-constrained IoT Networks

A Survey on Consensus Methods in Blockchain for Resource-constrained IoT Networks

Distributed ADMM Using Private Blockchain for Power Flow Optimization in Distribution Network With Coupled and Mixed-Integer Constraints

A Novel Blockchain Framework for Industrial IoT Edge Computing

Contact Info

Product

Resources

About