Overview of Open-Source PoS Blockchain Platforms Using Smart Contracts for Energy Data Management

Abstract

Considering the completely new principles of the required cooperation of energy and financial operations in energy systems of the near future, their frequency, and the necessity of their protocol irreversibility, it is a new challenge for the energy industry to implement advanced algorithms of chained cooperatively authorized platforms for most of the new processes. Platforms that exist are often based on the blockchain principle. There are a variety of these platforms with different characteristics, making it difficult to assess them for a specific application in energy data management. This paper outlines the basic characteristics and possible criteria for selecting a suitable platform, focusing on three representative examples with which the authors have become more familiar.

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Subject(s)

blockchain, cardano, energy market, ethereum, overview, security, solana, transaction

Citation