A Blockchain-based Electricity Retail Contracts Management System
Authors: 
Rui Zhou, Kangan Shu, Dejun Xiang, Hang Sun, Yang LiuAuthors Info & Claims
Rui Zhou, Kangan Shu, Dejun Xiang, Hang Sun, Yang LiuAuthors Info & ClaimsPages 46 - 53
Abstract
With the development of the electricity market, the number of retail contracts generated by the electricity purchasers is increased rapidly. The traditional contracts management methods have gradually revealed disadvantages such as contracts loss, delayed update, and data tampering. As a result, the ensuing retail contracts disputes have also become more and more frequently. In terms to handle with such issues, we proposed a blockchain-based electricity retail contracts system, which utilizes immutability and traceability of blockchain. Leveraging the immutability and traceability of blockchain, our system can effectively store retail contracts which alleviates the problem of existing contract disputes. Moreover, we combine Inter-Planetary File System (IPFS) with blockchain to solve the storage problem. In addition, the data security of our system is guaranteed through the reasonable use of some means of authentication, digital signatures and access control.
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- A Blockchain-based Electricity Retail Contracts Management System
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Published In
July 2022
143 pages
ISBN:9781450396622
DOI:10.1145/3559795
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Association for Computing Machinery
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Publication History
Published: 29 October 2022
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- Research-article
- Research
- Refereed limited
Funding Sources
- Guangdong Provincial Key Laboratory of Novel Security Intelligence Technologies
- Peng Cheng Laboratory Project
- Guangdong Power Exchange Company
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BIOTC 2022
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