Research on the Application Prospect of Energy Blockchain in Power Grid Enterprises

Blockchain technology used widely in the financial field. As a representative of payment tools, Bitcoin impacted the monopoly of traditional finance and currency. As the key technology of Bitcoin operation, blockchain technology also has broad prospects in the energy field. Based on the analysis of the application prospects and related influences of blockchain technology in the field of energy and power, this paper puts forward an application model suitable for power grid enterprises and gives corresponding countermeasures and suggestions. 1 Blockchain technology features and application prospect judgment Blockchain technology is an open distributed database technology, which can manage data in time sequence and ensure that the data cannot be tampered. Blockchain technology establishes a spontaneous trust mechanism among multiple nodes, which can solve the demands of transaction information recording and sharing, trusted data exchange and business transmission among multiple entities in the business world, and is a new engine driving the development of digital economy and sharing economy. 1.1 Basic features of blockchain Technology The technical features of blockchain are mainly reflected in the following aspects: First, it forms a real and reliable data base. Blockchain is a kind of distributed database for background technicians. The traditional database has four classic operations: adding, deleting, modifying and querying. For the whole network ledger, the blockchain technology is equivalent to giving up the two options of deletion and modification, leaving only two operations of addition and query. Through the "block chain" structure such as block and list, and the corresponding time stamp to solidify the voucher, a set of linked and hard to tamper trusted data is formed. The second is to establish a cooperative foundation for multi-user participation. Blockchain technology realizes the openness and transparency of system operation rules through mathematical principles and program algorithms, and the data is stored on the chain, which cannot be tampered with, so that both sides of the transaction can reach trust through consensus without the endorsement of the third-party authority, and build a multiparty cooperation foundation.