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The issues and trends in healthcare delivery are constantly changing. The COVID-19 pandemic is one recent issue that wreaked havoc on healthcare systems, causing a shortage of healthcare workers, high demand for medicines and supplies, and increased medical expenditure due to a lack of insurance. Other issues include rising healthcare costs and care fragmentation.
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Experimental Investigation of the Hierarchical Control in DC Microgrids Using a Real-time Simulator

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A Cost Analysis of Implementing a Blockchain Architecture in a Smart Grid Scenario Using Sidechains.

Iago Sestrem Ochôa^1,2, Luis Augusto Silva¹, Gabriel de Mello¹

¹Laboratory of Embedded and Distributed Systems-LEDS, University of Vale do Itajaí, Itajaí, SC 88302-901, Brazil.

Sensors (Basel, Switzerland)

|February 9, 2020

Summary

This study introduces a novel blockchain architecture using sidechains for smart grids, enhancing privacy and security. While effective, data storage scalability remains a challenge for real-world implementation.

Keywords:

blockchain sidechain smart grid

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Area of Science:

Computer Science
Electrical Engineering
Cybersecurity

Background:

Smart grid systems are crucial for sustainable power, processing vast data for optimized services.
User privacy and data security are paramount due to the sensitive information handled by smart grids.
Existing blockchain solutions for smart grids are fragmented, lacking a unified, scalable approach.

Purpose of the Study:

To propose a novel, scalable, and adaptable blockchain architecture for smart grid systems.
To enhance privacy, security, and trust within smart grid data management.
To ensure universal applicability through integration with existing smart grid protocols.

Main Methods:

Development of a blockchain architecture utilizing sidechains for improved scalability and adaptability.
Implementation of a three-blockchain system to guarantee data privacy, security, and system trust.
Integration with the Open Smart Grid Protocol and smart contracts for widespread adoption.

Main Results:

The proposed architecture successfully guarantees security and privacy for smart grid data.
The solution is demonstrated to be feasible for implementation in real-world smart grid systems.
Scalability challenges related to the storage of large volumes of generated data persist.

Conclusions:

The novel blockchain architecture effectively addresses critical privacy and security concerns in smart grids.
The use of sidechains and multiple blockchains offers a robust framework for secure smart grid operations.
Further research is needed to overcome data storage limitations and achieve full scalability.