|TRANSAX: A Blockchain-based Decentralized Forward-Trading Energy Exchange for Transactive Microgrids|
Power grids are undergoing major changes due to rapid growth in renewable energy and improvements in battery technology. Prompted by the increasing complexity of power systems, decentralized IoT solutions are emerging, which arrange local communities into transactive microgrids. The core functionality of these solutions is to provide mechanisms for matching producers with consumers while ensuring system safety. However, there are multiple challenges that these solutions still face: privacy, trust, and resilience.
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The 24th International Conference on Parallel and Distributed Systems
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