Print Email Facebook Twitter Blockchain Title Blockchain: What Does It Mean to Industrial Electronics?: Technologies, Challenges, and Opportunities Author Yu, Xinghuo (Royal Melbourne Institute of Technology University) Tang, Changbing (Zhejiang Normal University) Palensky, P. (TU Delft Intelligent Electrical Power Grids) Colombo, Armando (University of Applied Sciences Emden/Leer) Date 2022 Abstract Imagine you want to send money to a friend overseas. Wouldn't it be good if you didn't have to pay hefty fees to the intermediaries, and your friend received the funds very quickly? Now imagine ordering parts to make a product in your manufacturing plant. Wouldn't it be great if you were able to verify where each part comes from and have access to a reliable certificate on its quality automatically? Also think about dealing with energy use or selling off your excess solar energy as a prosumer. Wouldn't it be nice if you could purchase cheaper energy or sell it profitably at ease? Subject BlockchainConsensus algorithmDistributed ledgerPeer-to-peer computingScalabilitySecuritySmart contracts To reference this document use: http://resolver.tudelft.nl/uuid:a756e5b3-ebf7-49d4-b8b7-b69ddb0b9494 DOI https://doi.org/10.1109/MIE.2021.3066332 Embargo date 2023-07-01 ISSN 1932-4529 Source IEEE Industrial Electronics Magazine, 16 (2), 4-14 Bibliographical note Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public. Part of collection Institutional Repository Document type journal article Rights © 2022 Xinghuo Yu, Changbing Tang, P. Palensky, Armando Colombo Files PDF Blockchain_What_Does_It_M ... nities.pdf 1.32 MB Close viewer /islandora/object/uuid:a756e5b3-ebf7-49d4-b8b7-b69ddb0b9494/datastream/OBJ/view