Enhancing Data Privacy and Accountability in Smart Grids with Blockchain Technology

Abstract

Smart grids offer promising opportunities for energy efficiency but raise concerns about data privacy and transparency. This paper presents a new framework for Secure and Auditable Private Data Sharing designed specifically for smart grids, with a focus on its functionality as a password manager. By utilizing smart contracts and blockchain technology, the framework creates explicit guidelines for data usage that guarantee clear oversight of data access and intended uses. In addition to managing smart grid data, the framework securely stores passwords and credentials, providing users with a comprehensive solution for data security and access management. The use of off-chain smart contract execution and trusted execution environments maximizes performance. To further assure transactional reliability during the result dissemination and payment procedures, the framework employs a two-phase atomic delivery mechanism. Energy service providers gain from optimum contracts because they encourage high-quality data exchange and customer participation through the use of contract theory. Extensive simulations validate the efficacy of the proposed approach, enabling users to securely access their data remotely through a cloud platform integrated with open-source services.