Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges

Today’s technologies, techniques, and systems leveraged for managing energy trading operations in electric vehicles fall short in providing operational transparency, immutability, fault tolerance, traceability, and trusted data provenance features. They are centralized and vulnerable to t...

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Autores principales: Nasser Al-Saif, Raja Wasim Ahmad, Khaled Salah, Ibrar Yaqoob, Raja Jayaraman, Mohammed Omar
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Lenguaje:EN
Publicado: IEEE 2021
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Acceso en línea:https://doaj.org/article/98be2756a6f346d6900a98d57652a738
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spelling oai:doaj.org-article:98be2756a6f346d6900a98d57652a7382021-12-02T00:00:40ZBlockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges2169-353610.1109/ACCESS.2021.3130095https://doaj.org/article/98be2756a6f346d6900a98d57652a7382021-01-01T00:00:00Zhttps://ieeexplore.ieee.org/document/9624993/https://doaj.org/toc/2169-3536Today’s technologies, techniques, and systems leveraged for managing energy trading operations in electric vehicles fall short in providing operational transparency, immutability, fault tolerance, traceability, and trusted data provenance features. They are centralized and vulnerable to the single point of failure problem, and less trustworthy as they are prone to the data modifications and deletion by adversaries. In this paper, we present the potential advantages of blockchain technology to manage energy trading operations between electric vehicles as it can offer data traceability, immutability, transparency, audit, security, and confidentiality in a fully decentralized manner. We identify and discuss the essential requirements for the successful implementation of blockchain technology to secure energy trading operations among electric vehicles. We present a detailed discussion on the potential opportunities offered by blockchain technology to secure the energy trading operations of electric vehicles. We discuss several blockchain-based research projects and case studies to highlight the practicability of blockchain technology in electric vehicles energy trading. Finally, we identify and discuss open challenges in fulfilling the requirements of electric vehicles energy trading applications.Nasser Al-SaifRaja Wasim AhmadKhaled SalahIbrar YaqoobRaja JayaramanMohammed OmarIEEEarticleBlockchainelectric vehiclessecuritysmart contractsenergy tradingElectrical engineering. Electronics. Nuclear engineeringTK1-9971ENIEEE Access, Vol 9, Pp 156947-156961 (2021)
institution DOAJ
collection DOAJ
language EN
topic Blockchain
electric vehicles
security
smart contracts
energy trading
Electrical engineering. Electronics. Nuclear engineering
TK1-9971
spellingShingle Blockchain
electric vehicles
security
smart contracts
energy trading
Electrical engineering. Electronics. Nuclear engineering
TK1-9971
Nasser Al-Saif
Raja Wasim Ahmad
Khaled Salah
Ibrar Yaqoob
Raja Jayaraman
Mohammed Omar
Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges
description Today’s technologies, techniques, and systems leveraged for managing energy trading operations in electric vehicles fall short in providing operational transparency, immutability, fault tolerance, traceability, and trusted data provenance features. They are centralized and vulnerable to the single point of failure problem, and less trustworthy as they are prone to the data modifications and deletion by adversaries. In this paper, we present the potential advantages of blockchain technology to manage energy trading operations between electric vehicles as it can offer data traceability, immutability, transparency, audit, security, and confidentiality in a fully decentralized manner. We identify and discuss the essential requirements for the successful implementation of blockchain technology to secure energy trading operations among electric vehicles. We present a detailed discussion on the potential opportunities offered by blockchain technology to secure the energy trading operations of electric vehicles. We discuss several blockchain-based research projects and case studies to highlight the practicability of blockchain technology in electric vehicles energy trading. Finally, we identify and discuss open challenges in fulfilling the requirements of electric vehicles energy trading applications.
format article
author Nasser Al-Saif
Raja Wasim Ahmad
Khaled Salah
Ibrar Yaqoob
Raja Jayaraman
Mohammed Omar
author_facet Nasser Al-Saif
Raja Wasim Ahmad
Khaled Salah
Ibrar Yaqoob
Raja Jayaraman
Mohammed Omar
author_sort Nasser Al-Saif
title Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges
title_short Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges
title_full Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges
title_fullStr Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges
title_full_unstemmed Blockchain for Electric Vehicles Energy Trading: Requirements, Opportunities, and Challenges
title_sort blockchain for electric vehicles energy trading: requirements, opportunities, and challenges
publisher IEEE
publishDate 2021
url https://doaj.org/article/98be2756a6f346d6900a98d57652a738
work_keys_str_mv AT nasseralsaif blockchainforelectricvehiclesenergytradingrequirementsopportunitiesandchallenges
AT rajawasimahmad blockchainforelectricvehiclesenergytradingrequirementsopportunitiesandchallenges
AT khaledsalah blockchainforelectricvehiclesenergytradingrequirementsopportunitiesandchallenges
AT ibraryaqoob blockchainforelectricvehiclesenergytradingrequirementsopportunitiesandchallenges
AT rajajayaraman blockchainforelectricvehiclesenergytradingrequirementsopportunitiesandchallenges
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