Conference Paper

Energy Trading Based on Smart Contract Blockchain Application

Abdelwahed M.
Boghdady T.A.
Madian A.
Shalaby R.

Energy and clean energy are big concerns and interests. As the needs differ from area to another, different solutions appear. Energy cost, availability, reliability and trading rules are important keys in energy market. Energy sharing is a hot topic as a consumer being a part of the sustainable distributed system also making benefits such as Prosumer. Blockchain technology provides more secure, distributed and fast way to transact financial payments between clients. This paper provide a simulation case for energy sharing concept using smart contract as a tool to rule the sharing process on isolated network to obtain the optimum performance and efficiency of the service. Creating a base for more conditions and complex scenarios and linking the sharing process to financial transactions. © 2020 IEEE.