Blockchain

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

Journal Article (2022)
Author(s)

Xinghuo Yu (Royal Melbourne Institute of Technology University)

Changbing Tang (Zhejiang Normal University)

Peter Palensky (TU Delft - Intelligent Electrical Power Grids)

Armando Colombo (University of Applied Sciences Emden/Leer)

Research Group
Intelligent Electrical Power Grids
Copyright
© 2022 Xinghuo Yu, Changbing Tang, P. Palensky, Armando Colombo
DOI related publication
https://doi.org/10.1109/MIE.2021.3066332
More Info
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Publication Year
2022
Language
English
Copyright
© 2022 Xinghuo Yu, Changbing Tang, P. Palensky, Armando Colombo
Research Group
Intelligent Electrical Power Grids
Issue number
2
Volume number
16
Pages (from-to)
4-14
Reuse Rights

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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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