Blockchain Based Adaptive Non-Cooperative Game Strategy For Smart Power Contracts
- Resource Type
- Conference
- Authors
- Sharma, Desh Deepak; Lin, Jeremy; Sarojwal, Atul; Sharma, Ayan; Sharma, Antas
- Source
- 2023 IEEE 8th International Conference for Convergence in Technology (I2CT) Convergence in Technology (I2CT), 2023 IEEE 8th International Conference for. :1-6 Apr, 2023
- Subject
- Bioengineering
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Computing and Processing
Engineered Materials, Dielectrics and Plasmas
Engineering Profession
Fields, Waves and Electromagnetics
General Topics for Engineers
Nuclear Engineering
Photonics and Electrooptics
Power, Energy and Industry Applications
Robotics and Control Systems
Signal Processing and Analysis
Adaptation models
Adaptive systems
Uncertainty
Smart contracts
Microgrids
Games
Tokenization
adaptive observer
Blockchain
Networked Microgrids
Token
smart contract
- Language
The peer-to-peer energy trading on the decentralized platform among microgrids requires new approaches to be developed. The heterogeneous microgrids may be surplus or deficit power due to uncertainty in power generation and electric power demand. This paper proposes the blockchain-based adaptive non-cooperative game strategy among the owners of microgrids. The power token-based smart contracts have been created for energy trading among the networked microgrids. The smart contracts are made secure, reliable, and trustworthy with blockchain technology. The distributed identity-based microgrid (DIBM) scheme is designed to avoid the distributed denial of service (DDoS) attack. For the smart power contracts, the hash key has been obtained with python programming and other simulation work has been done in MATLAB.