Sökning: WFRF:(de Blanche Andreas 1975 ) >
Thing-to-thing elec...
Thing-to-thing electricity micro payments using blockchain technology
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- Lundqvist, Thomas, 1967- (författare)
- Högskolan Väst,Avdelningen för Matematik, Data- och Lantmäteriteknik,Computer Engineering
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- de Blanche, Andreas, 1975- (författare)
- Högskolan Väst,Avdelningen för Matematik, Data- och Lantmäteriteknik,Computer Engineering
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- Andersson, H. Robert H. (författare)
- Högskolan Väst,Avdelningen för Matematik, Data- och Lantmäteriteknik,Computer Engineering
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(creator_code:org_t)
- Institute of Electrical and Electronics Engineers (IEEE), 2017
- 2017
- Engelska.
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Ingår i: Global Internet of Things Summit (GIoTS), 2017. - : Institute of Electrical and Electronics Engineers (IEEE). - 9781509058730 ; , s. 261-266
- Relaterad länk:
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https://urn.kb.se/re...
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https://doi.org/10.1...
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Abstract
Ämnesord
Stäng
- Thing-to-thing payments are a key enabler in the Internet of Things (IoT) era, to ubiquitously allow for devices to pay each other for services without any human interaction. Traditional credit card-based systems are not able to handle this new paradigm, however blockchain technology is a promising payment candidate in this context. The prominent example of blockchain technology is Bitcoin, with its decentralized structure and ease of account creation. This paper presents a proof-of-concept implementation of a smart cable that connects to a smart socket and without any human interaction pays for electricity. In this paper, we identify several obstacles for the widespread use of bitcoins in thing-to-thing payments. A critical problem is the high transaction fees in the Bitcoin network when doing micro transactions. To reduce this impact, we present a single-fee micro-payment protocol that aggregates multiple smaller payments incrementally into one larger transaction needing only one transaction fee. The proof-of concept shows that trustless, autonomous, and ubiquitous thing-to-thing micro-payments is no longer a future technology.
Ämnesord
- TEKNIK OCH TEKNOLOGIER -- Elektroteknik och elektronik -- Datorsystem (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Electrical Engineering, Electronic Engineering, Information Engineering -- Computer Systems (hsv//eng)
Nyckelord
- IoT
- Internet of things
- Bitcoin
- Digital payments
- Crypto currency
- Smart grid
- Datateknik
- Computer engineering
Publikations- och innehållstyp
- ref (ämneskategori)
- kon (ämneskategori)
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