Blockchain Energy Markets - data

A distributed and decentralized application specifies, based on a smart contract, the operating rules of the market. Energy market participants interact with the contract sending their asks and offers and the distributed application clears the market based on a double auction model.

We propose three different approaches for implementing, through the Ethereum platform, both the P2P network and the smart contract. In these approaches, we gradually move computation from the smart contract to the machines running on the blockchain nodes. We are systematically compare the three approaches on the basis of their decentralization nature, operating costs, computational costs, effectiveness, security, privacy and beyond.