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Smart city article details

Title Greencoin: Empowering Smart Cities Using Blockchain 2.0
ID_Doc 28448
Authors Dekhane S.; Mhalgi K.; Vishwanath K.; Singh S.; Giri N.
Year 2019
Published 2019 International Conference on Nascent Technologies in Engineering, ICNTE 2019 - Proceedings
DOI http://dx.doi.org/10.1109/ICNTE44896.2019.8946014
Abstract The work presented in this paper aims to propose a novel idea to use blockchain technology and IoT devices or solar devices that generate solar power for smart power distribution within the ecosystem for optimal and secured transactions for the demands of many smart cities. The blockchain 2.0 provides a consensus-based mechanism for programmable transactions. The paper presents a blockchain based power distribution ecosystem for smart cities by incorporating a wallet-based currency, called 'Green Coin', for power transactions of buying, selling and lending. It integrates negotiation model for monopoly avoidance and a transparent and fair system to every Power Service Provider (PSP) in the system. © 2019 IEEE.
Author Keywords Blockchain; GreenCoin Wallet; Negotiation model; Power Service Provider(PSP); Smart cities; Solar IoT smart devices


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