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A Blockchain-Based Authorization System for Trustworthy Resource Monitoring and Trading in Smart Communities.

Ramon Alcarria1, Borja Bordel2, Tomás Robles3

  • 1Departamento de Ingeniería Topográfica y Cartografía, Universidad Politécnica de Madrid, UPM Campus Sur, Km 7.5 de la Autovía de Valencia, 28031 Madrid, Spain. ramon.alcarria@upm.es.

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Summary

This study introduces a blockchain-based system for smart communities to manage resource consumption. It enables secure data sharing and resource trading, leading to optimized community-wide consumption and resource savings.

Keywords:
blockchainpower consumptionprosumerresource auctionresource monitoringsmart communitiestradingwater consumption

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Area of Science:

  • Computer Science
  • Energy Systems
  • Environmental Science

Background:

  • Residential resource consumption necessitates improved consumer information management and collaborative resource exchange mechanisms.
  • Smart communities, evolving from Community Energy Management Systems, require enhanced monitoring and coordination of resource usage.

Purpose of the Study:

  • To propose a novel authorization system leveraging blockchain technology for secure consumer information management and resource trading in smart communities.
  • To enable reliable monitoring, authorization, secure data handling, and delegation of control functions among community members.

Main Methods:

  • Development of a blockchain-based authorization system for smart communities.
  • Definition of virtual assets for energy and water resource sharing through an auction mechanism.
  • Implementation and validation in application scenarios.

Main Results:

  • Demonstrated suitability of the consensus mechanism for secure resource monitoring and delegation.
  • Validated trustworthiness in security levels for data access and control functions.
  • Quantified reduction in resource consumption through the proposed resource trading model.

Conclusions:

  • The proposed blockchain system enhances security and reliability in smart community resource management.
  • Virtual asset trading effectively encourages optimized global consumption and resource conservation.
  • The system offers a viable solution for efficient and secure resource sharing in residential areas.