Cyberphysical blockchain-enabled peer-to-peer energy trading

Abstract

Scalability and security problems with centralized architecture models in cyberphysical systems have provided opportunities for blockchain-based distributed models. A decentralized energy-trading system takes advantage of various sources and effectively coordinates the energy to ensure the optimal utilization of available resources. Three blockchainbased energy-trading models are proposed to overcome the technical challenges and market barriers as well as enhance the adoption of this disruptive technology.