{"title":"Intelligent Electricity Purchase and Sale Trading Platform Based on Block Chain","authors":"Xiaorong Duan","doi":"10.1109/CISCE50729.2020.00043","DOIUrl":null,"url":null,"abstract":"With the power reform and the opening of the electricity market, the traditional centralized system is unable to meet the demand of power transaction among P2P users due to the complexity of transaction users and the diversity of transaction data. Intelligent power purchase and automated sale trading platform uses the bottom technology of block chain to build a decentralized trusted trading platform for multi-users. The platform uses terminal acquisition equipment with edge computing function to pre-process and upload massive data to distributed block nodes, and traces the source of each kilowatt-hour power. According to the characteristics of current power sources and users' electricity consumption habits, it intelligently recommends power consumption scheme. At the same time, intelligent contracts provide open, transparent, tamper-proof trading mode and self-purchase and sale operation to ensure data reliability and user flexibility. With the advantages of advanced payment method, shorter transaction time and zero default rate, the platform attracts power users to trade actively, promotes the competition and activity of the power market, and has guiding significance for the capital flow and market health of the industry.","PeriodicalId":101777,"journal":{"name":"2020 International Conference on Communications, Information System and Computer Engineering (CISCE)","volume":"76 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2020 International Conference on Communications, Information System and Computer Engineering (CISCE)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CISCE50729.2020.00043","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
With the power reform and the opening of the electricity market, the traditional centralized system is unable to meet the demand of power transaction among P2P users due to the complexity of transaction users and the diversity of transaction data. Intelligent power purchase and automated sale trading platform uses the bottom technology of block chain to build a decentralized trusted trading platform for multi-users. The platform uses terminal acquisition equipment with edge computing function to pre-process and upload massive data to distributed block nodes, and traces the source of each kilowatt-hour power. According to the characteristics of current power sources and users' electricity consumption habits, it intelligently recommends power consumption scheme. At the same time, intelligent contracts provide open, transparent, tamper-proof trading mode and self-purchase and sale operation to ensure data reliability and user flexibility. With the advantages of advanced payment method, shorter transaction time and zero default rate, the platform attracts power users to trade actively, promotes the competition and activity of the power market, and has guiding significance for the capital flow and market health of the industry.