scholarly journals Blockchain technology in the energy sector: A systematic review of challenges and opportunities

2019 ◽  
Vol 100 ◽  
pp. 143-174 ◽  
Author(s):  
Merlinda Andoni ◽  
Valentin Robu ◽  
David Flynn ◽  
Simone Abram ◽  
Dale Geach ◽  
...  
2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Magdalena Sikorska

Although blockchain technology was initially thought to be dedicated to digital currency applications, the study groups quickly realised its usability that it could be beneficial to various sectors of society, industry, and business, including the sector of electricity. Currently, the European energy sector is in the process of transformation, which is associated with the transition from conventional to renewable energy using the latest technological solutions, also based on blockchain technology. This paper reviews the academic literature and industry practices of the implementation of blockchain in the energy sector. The systematic review by considering two sources is attempting to integrate insights from different bodies of knowledge. The results show that the number of publications about blockchain technology in the energy sector has been skyrocketing, especially since 2017, indicating that combining blockchain technology with the energy sector is a new cross-cutting research area with increasing attention.      


2021 ◽  
Vol 13 (4) ◽  
pp. 95
Author(s):  
Geneci da Silva Ribeiro Rocha ◽  
Letícia de Oliveira ◽  
Edson Talamini

Blockchain is a technology that can be applied in different sectors to solve various problems. As a complex system, agribusiness presents many possibilities to take advantage of blockchain technology. The main goal of this paper is to identify the purposes for which blockchain has been applied in the agribusiness sector, for which a PRISMA-based systematic review was carried out. The scientific literature corpus was accessed and selected from Elsevier’s Scopus and ISI of Knowledge’s Web of Science (WoS) platforms, using the PRISMA protocol procedures. Seventy-one articles were selected for analysis. Blockchain application in agribusiness is a novel topic, with the first publication dating from 2016. The technological development prevails more than blockchain applications since it has been addressed mainly in the Computer Sciences and Engineering. Blockchain applications for agribusiness management of financial, energy, logistical, environmental, agricultural, livestock, and industrial purposes have been reported in the literature. The findings suggest that blockchain brings many benefits when used in agribusiness supply chains. We concluded that the research on blockchain applications in agribusiness is only at an early stage, as many prototypes are being developed and tested in the laboratory. In the near future, blockchain will be increasingly applied across all economic sectors, including agribusiness, promoting greater reliability and agility in information with a reduced cost. Several gaps for future studies were observed, with significant value for science, industry, and society.


Clean Energy ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 104-123
Author(s):  
Manish Kumar Thukral

Abstract Renewable-energy resources require overwhelming adoption by the common masses for safeguarding the environment from pollution. In this context, the prosumer is an important emerging concept. A prosumer in simple terms is the one who consumes as well as produces electricity and sells it either to the grid or to a neighbour. In the present scenario, peer-to-peer (P2P) energy trading is gaining momentum as a new vista of research that is viewed as a possible way for prosumers to sell energy to neighbours. Enabling P2P energy trading is the only method of making renewable-energy sources popular among the common masses. For making P2P energy trading successful, blockchain technology is sparking considerable interest among researchers. Combined with smart contracts, a blockchain provides secure tamper-proof records of transactions that are recorded in distributed ledgers that are immutable. This paper explores, using a thorough review of recently published research work, how the existing power sector is reshaping in the direction of P2P energy trading with the application of blockchain technology. Various challenges that are being faced by researchers in the implementation of blockchain technology in the energy sector are discussed. Further, this paper presents different start-ups that have emerged in the energy-sector domain that are using blockchain technology. To give insight into the application of blockchain technology in the energy sector, a case of the application of blockchain technology in P2P trading in electrical-vehicle charging is discussed. At the end, some possible areas of research in the application of blockchain technology in the energy sector are discussed.


Author(s):  
Siddharth M. Nair ◽  
Varsha Ramesh ◽  
Amit Kumar Tyagi

The major issues and challenges in blockchain over internet of things are security, privacy, and usability. Confidentiality, authentication, and control are the challenges faced in security issue. Hence, this chapter will discuss the challenges and opportunities from the prospective of security and privacy of data in blockchain (with respect to security and privacy community point of view). Furthermore, the authors will provide some future trends that blockchain technology may adapt in the near future (in brief).


2021 ◽  
pp. 391-416
Author(s):  
Daimler Benz ◽  
Muzaffar Hamzah ◽  
Mohd Fahmi Ghazali ◽  
Mohammad Fadhli Asli

2019 ◽  
Vol 123 ◽  
pp. 177-183 ◽  
Author(s):  
Nicholas Dietz ◽  
Mayur Sharma ◽  
Ahmad Alhourani ◽  
Beatrice Ugiliweneza ◽  
Dengzhi Wang ◽  
...  

Author(s):  
Vardan Mkrttchian

In this chapter, the author describes the main new challenges and opportunities of blockchain technology for digital economy in Russia. The study in Russia showed that the Russian research community has not addressed a majority of these challenges, and he notes that blockchain developer communities actively discuss some of these challenges and suggest myriad potential solutions. Some of them can be addressed by using private or consortium blockchain instead of a fully open network. In general, the technological challenges are limited at this point, in terms of both developer support (lack of adequate tooling) and end-user support (hard to use and understand). The recent advances on developer support include efforts by of the towards model-driven development of blockchain applications sliding mode in intellectual control and communication and help the technological challenges and created tools. The chapter shows how avatars may communicate with each other by utilizing a variety of communications methods for sustainable farming and smart agriculture.


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