Research on key technologies for the construction of power trading market based on blockchain

Abstract

In order to improve the flexibility of power regulation and give full play to the effectiveness of the power market, blockchain technology is used to deepen the development of the power spot market and improve the power market’s balance adjustment of power supply and demand. Starting from the blockchain technology, this article introduces the data storage method, analysis and the power market fit, and proposes the spot blockchain architecture of the "master-slave-side" chain for the power spot market and the functions it should have. Secondly, for the combination of the power spot market and blockchain technology, there should be active data protection, active verification, and dynamic data interactive verification technologies in business and systems. Finally, the article analyzes and summarizes the three key technologies of the article, which provides a reference for the application of blockchain technology for the development of the spot market.