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Although Blockchain has been successfully used in many different fields and applications, it has been traditionally regarded as an energy-intensive technology, essentially due to the past use of inefficient consensus algorithms that…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-10-29 Tiago M. Fernández-Caramés , Paula Fraga-Lamas

With the rapid growth of renewable energy resources, the energy trading began to shift from centralized to distributed manner. Blockchain, as a distributed public ledger technology, has been widely adopted to design new energy trading…

Cryptography and Security · Computer Science 2019-02-21 Naiyu Wang , Xiao Zhou , Xin Lu , Zhitao Guan , Longfei Wu , Xiaojiang Du , Mohsen Guizani

The energy market encompasses the behavior of energy supply and trading within a platform system. By utilizing centralized or distributed trading, energy can be effectively managed and distributed across different regions, thereby achieving…

Networking and Internet Architecture · Computer Science 2024-04-08 Tianqi Jiang , Haoxiang Luo , Kun Yang , Gang Sun , Hongfang Yu , Qi Huang , Athanasios V. Vasilakos

This article suggests that the worldwide relevance of blockchain technology is motivated by the changes that it is expected to cause in: (i) the way that business is organised and (ii) regulated, as well as (iii) by the way that it changes…

Computers and Society · Computer Science 2018-03-12 Ruzanna Chitchyan , Jordan Murkin

In recent years, blockchain technology has been recognized as a transformative innovation in the tech world, and it has quickly become the core infrastructure of digital currencies such as Bitcoin and an important tool in various…

Cryptography and Security · Computer Science 2025-01-22 Mohsen Ghorbian , Mostafa Ghobaei-Arani

In this paper, we discuss the integration of blockchain in smart energy systems. We present various blockchain technology solutions, review important blockchain platforms, and several blockchain based smart energy projects in different…

Computers and Society · Computer Science 2019-09-09 Naveed UL Hassan , Chau Yuen , Dusit Niyato

Blockchain, as the basis for cryptocurrencies, has received extensive attentions recently. Blockchain serves as an immutable distributed ledger technology which allows transactions to be carried out credibly in a decentralized environment.…

Cryptography and Security · Computer Science 2023-10-10 Min An , Qiyuan Fan , Hao Yu , Haiyang Zhao

Recent years have witnessed an increasing interest in the blockchain technology, and many blockchain-based applications have been developed to take advantage of its decentralization, transparency, fault tolerance, and strong security. In…

Cryptography and Security · Computer Science 2021-09-30 Yihao Guo , Zhiguo Wan , Xiuzhen Cheng

This study explores the intersection of technological innovation and environmental sustainability in the context of Bitcoin mining. With Bitcoin's growing adoption, concerns surrounding the energy consumption and environmental impact of…

Computers and Society · Computer Science 2024-11-15 Mohammad Ikbal Hossain , Tanja Steigner

Blockchain technology is the first successful Bitcoin Network. It enables the ledger to become more decentralized and secure. Since it is not limited to bitcoin and controlled by third parties by government, corporations or banks, the…

Image and Video Processing · Electrical Eng. & Systems 2020-04-17 Jala Quluzada , Sabnam Maharramli

Blockchain-based cryptocurrencies have become an extremely important, highly-used, technology. A major criticism of cryptocurrencies, however, is their energy consumption. In May 2022 Bitcoin alone was reported to be consuming 150…

Quantum Physics · Physics 2023-06-07 Joseph Kearney , Carlos A Perez-Delgado

Motivated by the massive energy usage of blockchain, on the one hand, and by significant performance improvements in low-power, wimpy systems, on the other hand, we perform an in-depth time-energy analysis of blockchain systems on low-power…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-06-18 Dumitrel Loghin , Gang Chen , Tien Tuan Anh Dinh , Beng Chin Ooi , Yong Meng Teo

Bitcoin's success has led to significant interest in its underlying components, particularly Blockchain technology. Over 10 years after Bitcoin's initial release, the community still suffers from a lack of clarity regarding what properties…

Cryptography and Security · Computer Science 2019-09-30 Scott Ruoti , Ben Kaiser , Arkady Yerukhimovich , Jeremy Clark , Robert Cunningham

Power systems are growing rapidly, due to the ever-increasing demand for electrical power. These systems require novel methodologies and modern tools and technologies, to better perform, particularly for communication among different parts.…

Digital Libraries · Computer Science 2019-12-06 Hossein Mohammadi Rouzbahani , Hadis Karimipour , Ali Dehghantanha , Reza M. Parizi

The increasing amount of distributed energy resources including renewable energy systems and electric vehicles is expected to change electric power grids significantly, where conventional consumers are transformed to prosumers since they…

Cryptography and Security · Computer Science 2021-06-11 Sakineh Khalili , Vahid Disfani , Mo Ahmadi

Blockchain is challenging the status quo of the central trust infrastructure currently prevalent in the Internet towards a design principle that is underscored by decentralization, transparency, and trusted auditability. In ideal terms,…

The Smart Grid (SG) concept presented an unprecedented opportunity to move the energy sector to more availability, reliability, and efficiency to improve our economic and environmental conditions. Renewable energy sources (Solar & Wind) are…

Computers and Society · Computer Science 2024-06-04 H. Sami Ullah , S. Aslam

Blockchain technology has emerged as one of the most transformative digital innovations of the 21st century. This paper presents a comprehensive review of blockchain's fundamental architecture, tracing its development from Bitcoin's initial…

Cryptography and Security · Computer Science 2025-05-14 Aditya Pratap Singh

The rise of blockchain technology within a few years has attracted researchers across the world. The prime reason for worldwide attention is undoubtedly due to its feature of immutability along with the decentralized approach of data…

Computers and Society · Computer Science 2020-12-08 Saqib Hakak , Wazir Zada Khan , Gulshan Amin Gilkar , Basem Assiri , Mamoun Alazab , Sweta Bhattacharya , G Thippa Reddy

There is a growing interest in understanding the energy and environmental footprint of digital currencies, specifically in cryptocurrencies such as Bitcoin and Ethereum. These cryptocurrencies are operated by a geographically distributed…

Computers and Society · Computer Science 2022-10-24 Ashish Rajendra Sai , Harald Vranken
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