2020
DOI: 10.1109/access.2020.2977149
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Blockchain Technology for Smart Grids: Decentralized NIST Conceptual Model

Abstract: Blockchain technology is showing a significant potential to disrupt a number of information technology domains. One of the especially interesting areas for blockchain applications is smart grid. A number of early papers have been published in this area, however, there is no systematic analysis of the impact of blockchain technology on decentralization of smart grids. In this paper, we analyze the standard NIST conceptual model of smart grid domains with respect to the three critical blockchain features: decent… Show more

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Cited by 59 publications
(18 citation statements)
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“…Diverse IoT devices and frameworks are applied on smart grid to support data collection, transmission [ 4 ], real-time monitoring [ 5 ], etc. Blockchain technologies can provide decentralization, trust, and an incentive mechanism for improving the cybersecurity of smart grid system [ 6 , 7 , 8 ]. Compared with AI, the applications of AI methods including machine learning and deep learning are usually used to process and analyze data for decision-making, such as electric load forecasting [ 9 , 10 ], electric consumer categorization [ 11 ], and anomaly detection [ 12 ].…”
Section: Introductionmentioning
confidence: 99%
“…Diverse IoT devices and frameworks are applied on smart grid to support data collection, transmission [ 4 ], real-time monitoring [ 5 ], etc. Blockchain technologies can provide decentralization, trust, and an incentive mechanism for improving the cybersecurity of smart grid system [ 6 , 7 , 8 ]. Compared with AI, the applications of AI methods including machine learning and deep learning are usually used to process and analyze data for decision-making, such as electric load forecasting [ 9 , 10 ], electric consumer categorization [ 11 ], and anomaly detection [ 12 ].…”
Section: Introductionmentioning
confidence: 99%
“…In order to handle this, the attacker would have to either alter the headers of all the blocks that follow the block that's being attacked or make those alterations to at least 2/3 rd of the entire network for the consensus to succeed. Since both the ways seem to be highly demanding in terms of computational and communicational power, the system is shielded against false -data injection attacks [37].…”
Section: Figurementioning
confidence: 99%
“…For instance, approaches in the healthcare sector try to optimize data security [33] and authentication schemes [34] for electronic health records. Other authors propose to integrate the blockchain technology in the energy sector in order to enable decentralized electricity load verification, decentralized energy marketplace, P2P energy load management or energy consumption reporting [35,36]. Blockchain is also introduced to support processes in Artificial Intelligence (AI) [37] or P2P applications [38].…”
Section: A Blockchain In Different Application Fieldsmentioning
confidence: 99%