Blockchain

What Does It Mean to Industrial Electronics?: Technologies, Challenges, and Opportunities

Journal article (2022)

Authors

Xinghuo Yu Royal Melbourne Institute of Technology University
Changbing Tang Zhejiang Normal University
P. Palensky Intelligent Electrical Power Grids - EEMCS
Armando Colombo University of Applied Sciences Emden/Leer
Research Group
Intelligent Electrical Power Grids (EEMCS) (TU Delft)
Copyright: © 2022 Xinghuo Yu, Changbing Tang, P. Palensky, Armando Colombo
DOI: https://doi.org/10.1109/MIE.2021.3066332
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Published Date

2022

Language

English

Reuse Rights

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Faculty

Electrical Engineering, Mathematics and Computer Science

Department

Electrical Sustainable Energy

Research Group

Intelligent Electrical Power Grids

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?

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