DApp design for blockchain-based peer-to-peer energy trading systems
The increasing adoption of renewable energy sources and microgrids has driven the development of peer-to-peer (P2P) energy trading systems. Decentralized and transparent P2P energy trading promotes energy self-sufficiency and encourages the use of renewable energy sources. However, the complexity of...
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| Format: | Final Year Project |
| Language: | English |
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Nanyang Technological University
2023
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| Online Access: | https://hdl.handle.net/10356/168340 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | The increasing adoption of renewable energy sources and microgrids has driven the development of peer-to-peer (P2P) energy trading systems. Decentralized and transparent P2P energy trading promotes energy self-sufficiency and encourages the use of renewable energy sources. However, the complexity of blockchain technology has limited the participation of average consumers in P2P energy trading. This project aims to design a user-friendly, easy-to-use decentralized application (dApp) that bridges the gap between blockchain-based energy trading systems and the general public. The dApp will be built on the Geth-based Ethereum blockchain and will leverage smart contracts for transaction execution. A user-friendly front-end interface will be developed using the open-source framework Flutter, ensuring seamless functionality across iOS and Android platforms. The project's objectives include ensuring secure and transparent transaction tracking, enabling cross-platform functionality, and assessing the dApp's impact on energy consumption, transaction costs, and user satisfaction. By addressing the existing research gap, the proposed dApp has the potential to create a more inclusive and sustainable energy economy that caters to the needs of general consumers. |
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