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  • Format: ePub

Blockchain-based Peer-to-Peer Transactions in Energy Systems begins with an introduction to blockchain technology, which covers cryptographic hashing, Merkle trees, types of blockchain and common consensus mechanisms. It discusses selected real-world blockchains and their real-world applications. Recent advances in blockchain technology from different perspectives are also reported in the book.
With a focus on the Ethereum blockchain, the book introduces smart contract development tools and demonstrates practical development of simple smart contracts. Various components of a typical smart
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Produktbeschreibung
Blockchain-based Peer-to-Peer Transactions in Energy Systems begins with an introduction to blockchain technology, which covers cryptographic hashing, Merkle trees, types of blockchain and common consensus mechanisms. It discusses selected real-world blockchains and their real-world applications. Recent advances in blockchain technology from different perspectives are also reported in the book.

With a focus on the Ethereum blockchain, the book introduces smart contract development tools and demonstrates practical development of simple smart contracts. Various components of a typical smart contract are highlighted and explained. The final section of the book zeros in on blockchain-based applications in the energy industry. It covers the development of smart contracts for specific use-cases in the industry, as well as smart contract testing using hypothetical datasets. Current limitations of blockchain technology and barriers to its adoption are highlighted alongside potential policy and regulatory frameworks for improved adoption.

Readers will gain basic knowledge to innovate blockchain-based solutions within and beyond the energy industry. They will also be equipped with basic smart contract development skills. The book takes the reader from understanding blockchain technology to developing simple and use-case-specific smart contracts. Although it focuses on the energy sector, the explored smart contract use-cases can be adapted to other industries. Researchers will find the results of the literature surveys handy, and regulatory bodies will gain insights from the discussion on policy and regulatory framework for improved blockchain adoption.


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Autorenporträt
Uyikumhe Damisa, Ph.D. is a research scholar at the Centre for Cyber-Physical Food, Energy & Water Systems (CCP-FEWS), University of Johannesburg, South Africa and a postdoctoral fellow in the University. He is a recipient of the Global Excellence Stature Post-doctoral Research Fellowship Award. He has served the academic community in various capacities including lecturing power systems and supervising energy-related research. His research profile includes research in optimal energy management and blockchain-based P2P transactions in energy systems. He has co-authored journal publications and a book in the fields of renewable energy optimization and blockchain-based P2P energy transactions.

Professor Nnamdi Nwulu is a Professor of Electrical Engineering and the Director of the Centre for Cyber Physical Food, Energy & Water Systems (CCP-FEWS) at the University of Johannesburg. His research interests have focused on the application of digital technologies, mathematical optimization techniques and machine learning algorithms in food, energy and water systems. This research focus has produced five (5) books and over seventy (70) indexed journal publications winning him the 2021 NRF Research Excellence Award for Early Career/Emerging Researchers in the Engineering/Technology Category. He was also a 2020/2021 TW Kambule-NSTF-South32 Award finalist in the category of Emerging Researcher and also won the 2020 UJ Vice Chancellor's most promising young researcher award. He is a Member of the South African Young Academy of Science (SAYAS).

Prof. Nwulu is a Professional Engineer registered with the Engineering Council of South Africa (ECSA), a Senior Member of the Institute of Electrical and Electronics Engineers (SMIEEE), a Senior Member of the South African Institute of Electrical Engineers (SMSAIEE) and a Y-rated Researcher by the National Research Foundation of South Africa.

Prof. Nwulu is the Editor-in-Chief of the Journal of Digital Food Energy and Water Systems (JD-FEWS), Associate Editor of the IET Renewable Power Generation (IET-RPG) and the African Journal of Science, Technology, Innovation and Development (AJSTID).