Transaction Decision Making for Intelligent Distributed Units based on Blockchain as a Service (BaaS)

doi:10.23940/ijpe.18.08.p15.17851795

Abstract

Abstract:

With the development of an intelligent microgrid transaction platform and blockchain technology, blockchain as a service (BaaS) on a cloud platform has received much attention. Currently, the problem of re-imaging the microgrid transaction mechanism is highlighted. Renewable energy must be consumed effectively and intelligently under the new transaction mechanism. To address these situations, this paper first builds the BaaS model, where blockchain technology is applied to the power transaction for intelligent distributed units. Then, a decision-making method is proposed for the intelligent unit to decide what it trades with. The method deals with transaction data in the cloud platform, obtains the probability distribution model of the microgrid transaction, and eventually achieves transaction decision making by using the Dempster Shafer (DS) evidence theory. The proposed transaction decision-making method provides more ways to reconstruct the microgrid transaction market and obtain effective management of market orders.

Submitted on May 3, 2018; Revised on June 2, 2018; Accepted on July 25, 2018
References: 16

Xiangxiang Xiao, Bin Duan, Jun Lai, and Tao Li. Transaction Decision Making for Intelligent Distributed Units based on Blockchain as a Service (BaaS) [J]. Int J Performability Eng, 2018, 14(8): 1785-1795.

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