Blockchain in Energy Systems:Concept, Application and Prospect

YAN Yong, ZHAO Junhua, WEN Fushuan, CHEN Xingying

Electric Power Construction ›› 2017, Vol. 38 ›› Issue (2) : 12.

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Electric Power Construction ›› 2017, Vol. 38 ›› Issue (2) : 12. DOI: 10.3969/j.issn.1000-7229.2017.02.002

Blockchain in Energy Systems:Concept, Application and Prospect

  • YAN Yong1,2,3,ZHAO Junhua4,WEN Fushuan5,6,CHEN Xingying1,2
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Abstract

As a representative technology of the Third Industrial Revolution, the Internet has changed the way of life and economic development in modern society. The blockchain technology, which is characterized by decentralization and trust mechanism, is an important part of the new generation of Internet technology. The blockchain may promote the transformation of the existing computing paradigm, and have far-reaching impacts in finance, energy and many other areas. This paper first gives an overview of the blockchain, discusses its definition and technical framework, and expounds its characteristics and significance. After that, the applications of the blockchain in some fields are introduced. At last, the research status of blockchain in energy systems is summarized, and potential research problems in energy blockchain are prospected.

Key words

blockchain / decentralization / trust mechanism / energy system / energy blockchain

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YAN Yong, ZHAO Junhua, WEN Fushuan, CHEN Xingying. Blockchain in Energy Systems:Concept, Application and Prospect[J]. Electric Power Construction. 2017, 38(2): 12 https://doi.org/10.3969/j.issn.1000-7229.2017.02.002

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Funding

Project supported by National Basic Research Program of China (973 Program) (2013CB228202); National Natural Science Foundation of China (51477151)
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