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Crypto-trading: Blockchain-oriented energy market

Authors :
Andrea Pinna
Michele Marchesi
Katiuscia Mannaro
Source :
2017 AEIT International Annual Conference.
Publication Year :
2017
Publisher :
IEEE, 2017.

Abstract

Bloekehain — software technology used for peer-to-peer transaction platforms — is being increasingly applied to alternative opportunities for a variety of industries and use cases such as also in the energy sector. As of now all energy related to blockchain applications are still in a concept stage. This paper aims to present the preliminary ideas of a research project that we have launched in collaboration with a small Fintech company: the Crypto-Trading project. From a research perspective we have explored how a blockchain-based system integrating smart contract functionality can be used to share energy in order to promote smart grids for the management of electricity in the Sardinia Region. From a technical perspective the project will implement a modular blockchain-based software platform for extending the features of cryptocurrency exchanges to the renewable Energy Market, including a robo-advisor which will suggest prosumers the best selling strategy. Blockchain technology shows a lot of promise. In our opinion this might boost the growth of renewable energy production and consequently also have a positive effect on the regional economy.

Details

Database :
OpenAIRE
Journal :
2017 AEIT International Annual Conference
Accession number :
edsair.doi...........6e9a268c94ea53a3702b8b44a8872515
Full Text :
https://doi.org/10.23919/aeit.2017.8240547