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Universitas Hasanuddin
Research output:Contribution to journalArticlepeer-review

Design of Trading Energy System Management Using Blockchain Hyperledger Fabric

Triadi F.

2023 International Conference on Cyber Management and Engineering Cymaen 2023

Published: 2023Citations: 1

Abstract

There are numbers of research that have been done to improve the security, transparency, and honesty of electricity transactions in smartgrid or peer-to-peer trading communities without exposing the privacy of their consumer and prosumer, one of them is blockchain. Nowadays, blockchain is well known and most of them are used in financial cases. Blockchain is used to make trading management systems using Hyperledger Fabric where the permissioned blockchain system is aimed to secure the privacy of the consumer. In this paper, the Hyperledger Caliper by IBM was used to make the scenario of testing. The result shows that for creating data or transactions, the average latency of 50 tps is 0.4s, 100 tps is 6.57s and 200 tps is 9.18s. This result shows the validation takes more time. The bigger the transaction from the results, the more validators can be made. Computing power is a matter in this project. So, with the configuration of 3 organizational nodes, it can still handle 1000 transactions per second properly without failure and this configuration can be integrated with cloud server or the public blockchain through the API so, that a more dynamic model can be obtained from this proposed model.

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BlockchainSciences
Computer scienceSciences
Database transactionSciences
Smart contractSciences
Computer securitySciences
Transparency (behavior)Sciences
ProsumerSciences
IBMSciences
Peer-to-peerSciences
Distributed computingSciences
DatabaseSciences
Materials scienceSciences
EngineeringSciences
Electrical engineeringSciences
NanotechnologySciences
Renewable energySciences