Energy Prosumer Business Model Using Blockchain System to Ensure Transparency and Safety

Recently, various business models collect and store data generated from events using the Internet and various sensors and use them effectively. It is changing smartly into a convenient and safe new business model. In this paper, we present directions through experiments to understand and develop evolving types of business models by collecting data using various sensors in a test bed environment. We implement and experiment with technologies using Bigdata in addition to IoT(Internet of Things) technology. Renewable energy projects are attracting attention due to environmental issues such as global warming. In this paper, we introduce energy prosumer service model applying blockchain technology. This allows various energy sources to be connected to various users and producers. Also, we try to improve energy efficiency by analyzing energy pattern of users. We propose a transaction model that can collect, utilize, and process data more efficiently by combining the above technologies. (C) 2017 The Authors. Published by Elsevier Ltd.