Real-Time Monitoring of Smart Meters Based on Blockchain Technology

Abstract

In this chapter, the authors primarily discuss how blockchain is being utilized in smarter grids across the globe and how some use cases can be a good fit as a technology. They ensure the reliability and uninterrupted power supply to end users by using smart metering in micro and macro grids, which is possible with novel technology that is transparent and without any cyberattacks/hackers: blockchain technology (BCT). In this chapter, BCT is implemented significantly at micro/macro smart grid network. Such a network would give efficient improvement and be interesting.