Work

Blockchain-based Energy Trading System

Year: 2025
Type: article
Abstract: : The traditional energy market suffers from inefficiencies, high transaction costs, and a lack of transparency, often limiting small-scale producers from participating effectively. Blockchain technology offers a decentralized, secure, and transparent solution for peer-to-peer (P2P) energy trading. This paper presents a blockchain-based energy trading platform utilizing smart contracts for automated transactions and ensuring real-time energy tracking. The proposed system enhances trust, eliminates intermediaries, and promotes sustainable energy practices by encouraging participation from small-scale renewable energy producers. Future advancements include AI-driven predictive analytics and integration with IoT devices for optimized energy management
Language: English
Open Access status: diamond
OpenAlex ID: W4410469307
FWCI:
Cites: 4
Cited by:
Related to: 10