Authors: Tianqi Jiang, Haoxiang Luo, Kun Yang, Gang Sun, Hongfang Yu, Qi Huang

Published on: March 29, 2024

Impact Score: 8.2

Arxiv code: Arxiv:2403.20045

Summary

• What is new: Offers a comprehensive comparison and organization of current research on the integration of blockchain technology into the energy market.
• Why this is important: The energy market faces issues like energy imbalances, volatile pricing, high computing costs, and transparency in transactions.
• What the research proposes: Utilizing blockchain technology to enhance the efficiency and stability of energy transactions and market robustness.
• Results: Outlined the advantages of merging blockchain with energy markets, compared current research efforts, and suggested future improvements.

Technical Details

Technological frameworks used: Blockchain technology integration

Models used: Various algorithm designs for energy trading and market framework construction

Data used: Research outcomes from different countries on blockchain implementation in energy markets

Potential Impact

Energy suppliers, traders, and renewable energy companies could benefit, while traditional energy markets without blockchain might be disrupted.

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