Blockchain Power Transaction Verification for Fair Energy Trading
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Power transactions between individuals are susceptible to fraudulent intermediation by agents with power accumulation equipment, leading to unreasonably priced transactions.
Innovation Solution
A control method using blockchain technology to verify transaction data through a consensus algorithm, recording transaction data in a distributed ledger to ensure transparency and detect tampering, involving first and second power equipment and servers.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If power transactions are conducted through an agent having power accumulation equipment, then power can be accumulated and transactions can be facilitated, but the agent may engage in fraudulent intermediation with unreasonable pricing
Solution Approach 1:
The patent introduces a blockchain-based intermediary system that mediates between power sellers and buyers. Instead of a single agent with accumulation equipment controlling transactions, the system uses distributed ledger technology with multiple nodes to verify and record transactions transparently. The blockchain acts as a neutral mediator that prevents fraudulent pricing by ensuring all transactions are publicly visible and immutable, thus maintaining transaction fairness while still facilitating power accumulation and exchange.
Solution Approach 2:
The patent segments the centralized agent function into multiple distributed nodes across the blockchain network. Rather than one agent controlling power accumulation and transactions, the system divides functionality across numerous participants who collectively verify transactions. This segmentation eliminates the single point of fraud potential while maintaining the ability to accumulate and trade power efficiently.
2Reliability
If blockchain technology is used to verify transaction data through consensus algorithms, then transaction transparency and validity are ensured, but system complexity increases
Solution Approach 1:
The patent applies universality by making the blockchain ledger serve multiple functions simultaneously: it acts as a transaction registry, a verification mechanism, a historical record, and a trust-establishment tool. This multi-functionality reduces the need for separate systems for each purpose, thereby limiting the increase in overall system complexity while maintaining high verification reliability.
Solution Approach 2:
The patent uses copying by distributing identical copies of the ledger across multiple nodes in the network. Each node maintains a copy of the transaction history and verification data, eliminating the need for a single centralized verification system. This distributed copying approach enhances reliability through redundancy while managing complexity through standardized node architectures.
Data Source
AI summary
Provided is a control method including: receiving, from first power equipment, first transaction data including, for example, transmitted power amount information indicating the amount of power transmitted to power accumulation equipment; obtaining, from the power accumulation equipment, received power information including, for example, received power amount information indicating the amount of power received from the first power equipment; verifying the first transaction data by referring to the received power information; executing a first consensus algorithm with second servers when the first transaction data is verified successfully; and recording a block including the first transaction data in a distributed ledger of a first server when the validity of the first transaction data is verified through the first consensus algorithm.