Related papers: Blockchain-enabled Parametric Solar Energy Insuran…
Traditional Insurance, a popular approach of financial risk management, has suffered from the issues of high operational costs, opaqueness, inefficiency and a lack of trust. Recently, blockchain-enabled "parametric insurance" through…
This paper introduces a blockchain-based insurance scheme that integrates parametric and collaborative elements. A pool of investors, referred to as surplus providers, locks funds in a smart contract, enabling blockchain users to underwrite…
Data driven approaches to problem solving are, in many regards, the holy grail of evidence backed decision making. Using first-party empirical data to analyze behavior and establish predictions yields us the ability to base in-depth…
Technology has evolved over the years, making our lives easier. It has impacted the healthcare sector, increasing the average life expectancy of human beings. Still, there are gaps that remain unaddressed. There is a lack of transparency in…
In the past years trend of microgrids is increasing very fast to reduce peak-hour costs. However, in these systems, third parties are still involved in selling surplus energy. This results in increased cost of energy and there are many…
With the booming of smart grid, The ubiquitously deployed smart meters constitutes an energy internet of things. This paper develops a novel blockchain-based transactive energy management system for IoT-aided smart homes. We consider a…
This paper presents InsureConnect, a blockchain-based system for improving transparency, authentication, and auditability in property-insurance workflows after natural disasters. The system combines Self-Sovereign Identity (SSI),…
With the rising demand for protection against new risks such as loss of digital assets, novel insurance services and products emerge. In particular, token-based insurance solutions on blockchain transform the insurance business by providing…
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…
Peer-to-peer trading and the move to decentralized grids have reshaped the energy markets in the United States. Notwithstanding, such developments lead to new challenges, mainly regarding the safety and authenticity of energy trade. This…
Energy storage provides an effective way of shifting temporal energy demands and supplies, which enables significant cost reduction under time-of-use energy pricing plans. Despite its promising benefits, the cost of present energy storage…
Transactive energy plays a key role in the operation and energy management of future power systems. However, the conventional operational mechanism, which follows a centralized design, is often less secure, vulnerable to malicious…
This work presents the design and implementation of a blockchain system that enables the trustable transactive energy management for distributed energy resources (DERs). We model the interactions among DERs, including energy trading and…
The financial viability of renewable energy projects is challenged by the variability and unpredictability of production due to weather fluctuations. This paper proposes a novel risk management framework combining parametric insurance and…
Insurance is one of the fundamental services offered to the citizens to reduce their costs and assist them in case of an emergency. One of the most important challenges in the insurance industry is to address liability challenge and the…
Decentralized management and coordination of energy systems are emerging trends facilitated by the uptake of the Internet of Things and Blockchain offering new opportunities for more secure, resilient, and efficient energy distribution.…
Healthcare insurance provides financial support to access medical services for patients while ensuring timely and guaranteed payment for providers. Insurance fraud poses a significant challenge to insurance companies and policyholders,…
This research proposes a decentralized and cryptographically secure framework to address the most acute issues of privacy, data security, and protection in the ecosystem of medical insurance claim processing. The scope of this study focuses…
Renewable energy has become a reality in the present and is being preferred by countries to become a considerable part of the central grid. With the increasing adoption of renewables it will soon become crucial to have a platform which…
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…