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A Direct Transaction Model for Energy Blockchain Mobile Information System Based on Hybrid Quotation Strategy

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Design, Operation and Evaluation of Mobile Communications (HCII 2020)

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Abstract

This paper designs a direct transaction model for energy blockchain mobile information system based on hybrid quotation strategy, aiming to improve the smartness, real-time property and information security of the direct transaction between distributed power generation companies (DPGCs) and users. Specifically, the continuous auction mechanism was adopted to improve the matching efficiency between the transaction parties, injecting fresh impetus to the power market. In the blockchain system, the serial number of the transaction script was marked with a special label to prove the power quantity being transacted, such that the two parties can exchange the digital proof of transaction power and the transaction fee. Next, the hybrid quotation strategy was introduced to minimize the impacts of frequent fluctuations in the electricity transaction price of the continuous auction market. In this way, the two parties can flexibly adjust their quotations according to the changes of market information. The case study shows that our model outperformed the traditional centralized transaction model in efficiency and mobile power information security. The research findings provides a reference for further research on the application of block chain technology in distributed energy mobile power information transaction.

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Hu, W., Huanhao, L. (2020). A Direct Transaction Model for Energy Blockchain Mobile Information System Based on Hybrid Quotation Strategy. In: Salvendy, G., Wei, J. (eds) Design, Operation and Evaluation of Mobile Communications. HCII 2020. Lecture Notes in Computer Science(), vol 12216. Springer, Cham. https://doi.org/10.1007/978-3-030-50350-5_4

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  • DOI: https://doi.org/10.1007/978-3-030-50350-5_4

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-50349-9

  • Online ISBN: 978-3-030-50350-5

  • eBook Packages: Computer ScienceComputer Science (R0)

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