Blockchain in Smart Power Grid Infrastructure

Internet of Things(IoT) is playing a vital role in making the digital world smarter with widely adopted applications. One of the important application of such a system is Smart Power Grid. A critical system like Smart Power Grid requires stringent security measures like immutability of the data sensed by IoT based sensors, verifiability of records etc. It is also important that the system works in a decentralised manner as there are multiple sources of power in a Grid which are from different administrative domain. This paper represents a system which will help to address concerns about security, privacy, Identity along with immutability and verifiability of records. The proposed system allows exchange and collection of data in a decentralized, peer-to-peer, trustless network of devices using BlockChain.