Download or read book Application of Blockchain Technology in Energy Trading written by Feba Sara Vinu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy traders and investors may need help with the process for various reasons. Therefore, technology can be used to streamline the process for all parties involved. Using blockchain in energy trading has the potential to transform the industry entirely.Research and discussion on the connection between centralised energy systems and climate change are quickly gaining popularity. Numerous potential solutions, including distributed energy resources (DERs), renewable energy sources, and blockchain-based peer-to-peer (P2P) energy trading, will undoubtedly be implemented for such a significant problem. This article will describe the platform, applications, and effects of using blockchain in energy trading.The energy sector must deal with significant issues like rising energy consumption, a failing environment, and rapidly changing technology. The blockchain solution has the potential to help, but it only sometimes solves these issues. Although Bitcoin miners and cryptocurrencies are frequently linked to the blockchain, this technology also applies to the transactive energy market.