A Blockchain-Based Energy Trading Platform for Smart Homes in a Microgrid

Abstract

The MicroGrid., as the need for renewable energy emerges, are becoming essential, renewable energy trading platforms are being developed and established in the microgrid. With the proliferation of technologies such as Smart home based of Internet of Things, interconnected networks, and Blockchain, microgrid has introduced a variety of applications and innovative solutions for efficient system maintenance. This paper, in a blockchain-based smart home, it is impossible to forge data called transaction generated by using blockchain. With this unforgeable transactions, home miner that centrally processes all the transactions generated in smart home know information about energy. Based on this information, we proposes renewable energy trading platform using ethereum's smart contract to ensure secure energy trading run automatically without the third party intervention in a microgrid.