Chapter 12

Distributed Autonomous Energy Organizations: Next-Generation Blockchain Applications for Energy Infrastructure

Michael Mylrea    Cyber Security & Energy Technology, Pacific Northwest National Laboratory, Richland, WA, United States

Abstract

Blockchain technology combines cryptography and distributed computing to provide a multiparty consensus algorithm to securely exchange value. Combining the disintermediation benefits of blockchain with the intelligence of smart contracts can help automate energy exchanges and give impetus to more distributed autonomous energy organizations (DAEO). This chapter combines applied blockchain research by the author at Pacific Northwest National Laboratory with a new theoretical approach that explores ...

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