Abstract
The smart grid idea was implemented as a modern interpretation of the traditional power grid to find out the most efficient way to combine renewable energy and storage technologies. Throughout this way, big data and the Internet always provide a revolutionary solution for ensuring that electrical energy linked intelligent grid, also known as the energy Internet. The blockchain has some significant features, making it an applicable technology for smart grid standards to solve the security issues and trust challenges. This study will present a rigorous review of blockchain implementations with the cyber security perception and energy data protections in smart grids. As a result, we describe the major security issues of smart grid scenarios that big data and blockchain can solve. Then, we identify a variety of recent blockchain-based research works published in various literature and discuss security concerns on smart grid systems. We also discuss numerous similar practical designs, experiments, and items that have recently been developed. Finally, we go through some of the most important research problems and possible directions for using blockchain to address smart grid security concerns.
Highlights
Internet of Things (IoT) is considered the most uncontrollable innovation in today’s world; this improves our ordinary life by reworking the bodily items that surround us into an ecosystem of facts
Based on the research methodology, we focused on IoT and blockchain-based keyword patterns to find any research queries
This study focused on start-up approaches in different technical characteristics and blockchain technology-based standard revelation on microgrid and peer-to-peer trading
Summary
Internet of Things (IoT) is considered the most uncontrollable innovation in today’s world; this improves our ordinary life by reworking the bodily items that surround us into an ecosystem of facts. IoT and big data have numerous applications in day-to-day life, i.e., security, transportation, industrial, retail, healthcare, home automation, military, agriculture, surveillance, and good infrastructure. The smart electricity generation, transmission, and distribution system and smart buildings/homes are all controlled and explicitly maintained by ICT devices like WAMS, IEDS, and RTUs for service systems, as well as AMIs for smart building/home management in the smart grid (SG) [3]. The IoT-enabled field measurement data can be safely and automatically collected by including the blockchain control and field measurement with smart communication to these ICT devices in HAN/SN, NAN, and WAN [4]. Blockchain-enabled AMIs can use DAPPS services to conduct decentralized system capacity, local power management, and trading in a cyber-secured environment [5].
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