Advantages and Current Issues of Blockchain Use in Microgrids

O.I. Konashevych

Èlektron. model. 2018, 38(2):93-104
https://doi.org/10.15407/emodel.38.02.093

ABSTRACT

This paper provides the analysis of the blockchain use in microgrids. The analysis is given from the hypothesis that with the help of IT instruments, self-governed decentralized organizations based on blockchain technology will take and perform public functions traditionally performed by central authorities and corporations in order to organize their relations within the microgrids.

KEYWORDS

blockchain, microgrid, e-government, e-democracy, bitcoin, decentralized autonomous organizations, decentralization, peer-to-peer.

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