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Cyber-Physical Systems Volume 10, 2024 - Issue 2
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Research Articles

Microgrid trading mechanism enhancement for smart contract considering reputation values

Zhikang WangSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou, ChinaView further author information
,
Wendi WuSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou, ChinaView further author information
,
Zhengtian WuSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou, ChinaCorrespondence[email protected]
View further author information
&
Baochuan FuSchool of Electronic and Information Engineering, Suzhou University of Science and Technology, Suzhou, ChinaCorrespondence[email protected]
View further author information
Pages 214-230 | Received 29 Nov 2022, Accepted 29 Jan 2023, Published online: 21 Feb 2023
 
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ABSTRACT

In order to reduce the system instability caused by credit risk in microgrid transactions in the blockchain, we propose a smart contract microgrid transaction model considering reputation value. Considering the instability caused by credit risk, the reputation factor is introduced to ensure the secure and stable operation of the microgrid energy trading system. The effectiveness of the scheme is verified by comparing traditional electricity trading and the trading with the introduced credit value scheme through simulation experiments.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Funding

This work is supported by the NSFC under grant nos. 61803279.

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