Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

Asset Logging in the Energy Sector : A Scalable Blockchain-based Data Platform

Title data

Djamali, Alexander ; Dossow, Patrick ; Hinterstocker, Michael ; Schellinger, Benjamin ; Sedlmeir, Johannes ; Völter, Fabiane ; Willburger, Lukas:
Asset Logging in the Energy Sector : A Scalable Blockchain-based Data Platform.
2021
Event: 10th DACH+ Conference on Energy Informatics , 13.-17. Sept. 2021 , Virtual.
(Conference item: Conference , Speech )

Official URL: Volltext

Project information

Project title:
Project's official titleProject's id
Projektgruppe WI Nachhaltiges Energiemanagement & MobilitätNo information
Projektgruppe WI BLockchain-LaborNo information

Abstract in another language

Due to a steeply growing number of energy assets, the increasingly decentralized and segmented energy sector fuels the potential for new digital use cases. In this paper, we focus our attention on the application feld of asset logging, which addresses the collection, documentation, and usage of relevant asset data for direct or later verifcation. We identifed a number of promising use cases that so far have not been implemented; supposedly due to the lack of a suitable technical infrastructure. Besides a high degree of complexity associated with various stakeholders and the diversity of assets involved, the main challenge we found in asset logging use cases is to guarantee the tamper-resistance and integrity of the stored data while meeting scalability, addressing cost requirements, and protecting sensitive data. Against this backdrop, we present a blockchain-based platform and argue that it can meet all identifed requirements. Our proposed technical solution hierarchically aggregates data in Merkle trees and leverages Merkle proofs for the efcient and privacy-preserving verifcation of data integrity thereby ensuring scalability even for highly frequent data logging. By connecting all stakeholders and assets involved on the platform through bilateral and authenticated communication channels and adding a blockchain as a shared foundation of trust, we implement a wide range of asset logging use cases in a cost-efective manner, and provide the basis for leveraging platform efects in future use cases that build on verifable data. Along with the technical aspects of our solution, we discuss the challenges of its practical implementation in the energy sector and the next steps for testing through a regulatory sandbox approach.

Further data

Item Type: Conference item (Speech)
Refereed: Yes
Keywords: Asset Management; Distributed Ledger; Energy Assets; Merkle Proofs; Privacy; Self-sovereign Identities
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Faculties
Faculties > Faculty of Law, Business and Economics
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 14 Sep 2021 10:56
Last Modified: 20 Oct 2021 07:51
URI: https://eref.uni-bayreuth.de/id/eprint/67020