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An Introduction to Blockchain and its Applications. With a Focus on Energy Management

Textbook 2017 62 Pages

Computer Science - Programming

Summary

The interest in Blockchain technology and its ability of creating consensus in decentralized networks is significantly increasing.
This book provides a detailed consideration of the Blockchain technology and its possible implementations within the scope of energy management. Before investigating the functionality of a Blockchain, the basic mathematical problem that Blockchain solves, known as the Byzantine Generals Problem, is examined. Furthermore, this book describes the Ethereum platform, as most Blockchain energy applications are based on Smart Contracts stored in the Ethereum Blockchain. Afterwards, a descriptive insight into ongoing projects in the field of energy management is given.
Conclusively, it is illustrated how a local peer-to-peer energy market can be implemented, based on the Ethereum Blockchain.

Details

Pages
62
Type of Edition
Erstausgabe
Year
2017
ISBN (eBook)
9783960677178
ISBN (Book)
9783960672173
File size
1.4 MB
Language
English
Catalog Number
v416145
Institution / College
RWTH Aachen University
Grade
1,5
Tags
Bitcoin Ethereum Smart Contracts Decentralized networks Byzantine Generals Problem Local peer-to-peer energy market Solarcoin BankyMoon TransactiveGrid LO3Energy Consensys Share&Charge Private Blockchain

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Title: An Introduction to Blockchain and its Applications. With a Focus on Energy Management