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Ahmed Chahbaz

An Introduction to Blockchain and its Applications. With a Focus on Energy Management


2018. 68 S. 21 Abb. 220 mm
Verlag/Jahr: ANCHOR ACADEMIC PUBLISHING 2018
ISBN: 3-9606721-7-9 (3960672179)
Neue ISBN: 978-3-9606721-7-3 (9783960672173)

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The interest in Blockchain technology and its ability of creating consensus in decentralized networks is significantly increasing.
This book provides a detailed consideration of the Blockchain technology and its possible implementations within the scope of energy management.
Before investigating the functionality of a Blockchain, the basic mathematical problem that Blockchain solves, known as the Byzantine Generals Problem, is examined.
Furthermore, this book describes the Ethereum platform, as most Blockchain energy applications are based on Smart Contracts stored in the Ethereum Blockchain.
Afterwards, a descriptive insight into ongoing projects in the field of energy management is given.
Conclusively, it is illustrated how a local peer-to-peer energy market can be implemented, based on the Ethereum Blockchain.
Ahmed Chahbaz was born in 1995 and received his B.Sc. in Electrical Engineering from the RWTH Aachen University. He worked several years as a Science Assistant, where he was able to get hands-on experience in the fields of new technologies. Currently, he is working towards a M.Sc. degree.