Decentralized Power System and Future Mobility

Abstract

Electric vehicles (EV) are becoming more popular day by day and on the other side, the demand for power is growing tremendously. A consensus driven, distributed and decentralized ledger system called blockchain technology, could be employed to introduce bidirectional power trading between vehicle to building and vice versa. This paper discusses different use cases for EV enabled blockchain based energy trading in a smart community. This paper also envisions the use of electric vehicles as a mobile power bank and enables vehicle to building power trading in a blockchain energy community.