Integrating big data and blockchain to manage energy smart grid - TOTEM framework

Abstract

The demand for electricity is increasing exponentially day by day, especially with the arrival of electric vehicles. In the smart community neighborhood project, electricity should be produced at the household or community level and sold or bought according to the demands. Since the actors can produce, sell, and buy according to the demands, thus the name prosumers. ICT solutions can contribute to this in several ways, such as machine learning for analyzing the household data for customer demand and peak hours for the usage of electricity, blockchain as a trustworthy platform for selling or buying, data hub, and ensuring data security and privacy of prosumers. TOTEM: Token for controlled computation is a framework that allows users to analyze the data without moving the data from the data owner's environment. It also ensures the data security and privacy of the data. Here, in this article, we will show the importance of the TOTEM architecture in the EnergiX project and how the extended version of TOTEM can be efficiently merged with the demands of the current and similar projects.