Blockchain Based Energy Generation System
Cloud based data management system for energy generation relies on a central cloud, thus vulnerable to cyber-attacks or the failure of the cloud. A decentralized management system for energy generation is promising to overcome those obstacles and improve the robustness, however, it is not clear whether the efficiency would still be feasible for practical use. We proposed to investigate the feasibility of blockchain based energy generation system. In particular, we proposed to design a permissioned blockchain based data management system and gave a proof of concept implementation. Based on the implementation, we launched a comprehensive test about the feasibility of applying such a decentralized data management system for energy generation. Along the way, we also implemented another system that uses a protocol proposed by Telluric labs and compared the performance. In more detail, the system designed by NJIT relied on the well-accepted Hyperledger platform, which utilizes the classical consensus protocol called Practical Byzantine Fault Tolerant (PBFT), which can handle a flexible network environment. The consensus protocol proposed by Telluric Labs is intuitively simpler, and potentially could be more efficient, but it relies on the condition that a network be synchronized, which ensures the message delivery in a given time. Our implementations give two options for the deployers to choose.
- Research Organization:
- Telluric Labs LLC, Tinton Falls, NJ (United States)
- Sponsoring Organization:
- USDOE Office of Fossil Energy (FE)
- DOE Contract Number:
- SC0017878
- OSTI ID:
- 1459119
- Type / Phase:
- STTR (Phase I)
- Report Number(s):
- DOE-Telluric Labs/NJIT-17A
- Country of Publication:
- United States
- Language:
- English
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