The project "Trusted Blockchains for the open, intelligent energy grid of the future" (tbiEnergy) is investigating how block-chain-supported, local energy trading for end consumers can be set up.
The goal of the tbiEnergy project is to show how even micro-producers can trade energy easily and locally. Using the value-added service approach of the smart meter gateway, users can, for example, use block chain technology to market virtual goods and services locally with so-called smart contracts.
For such application scenarios, new block chain solutions must be developed, because existing ones are not designed for the specifics of the German energy market.
The project focuses on a stringent hardware security concept in conjunction with the smart meter gateway. The use of cryptographic block chain technology in direct combination with hardware-secured IoT devices or smart meter gateways should prevent third parties from influencing the security concept.