Termed as the Fourth Industrial Revolution the Energy Internet used with blockchain Would change how we look at Energy.

1. APPLYING BLOCKCHAIN TECHNOLOGY
TO DECENTRALIZED OPERATION IN
FUTURE ENERGY INTERNET
Presented by:
Mohith H B
1KS14TE027
VIII TCE
K S INSTITUTE OF TECHNOLOGY
Department of Telecommunication engineering
Technical seminar on:

2. QUESTIONS!
Do you like to
be controlled
by someone?
What is the
society built
on?

3. PRELUDE
2008 Financial crisis Bitcoin whitepaper in 2008 World’s first Cryptocurrency
bitcoin launched in 2009

4. PRE-REQUISITES
1. Public Key Cryptography
2. Cryptographic Hashing
3. Digital Signature

5. PUBLIC KEY CRYPTOGRAPHY
Public key cryptography, or asymmetrical cryptography, is any cryptographic system that uses pairs of keys: public
keys which may be disseminated widely, and private keys which are known only to the owner. This accomplishes two
functions: authentication, where the public key verifies that a holder of the paired private key sent the message,
and encryption, where only the paired private key holder can decrypt the message encrypted with the public key.

6. CRYPTOGRAPHIC HASHING
A cryptographic hash function is a special class of hash function that has certain properties which make it suitable for
use in cryptography. It is a mathematical algorithm that maps data of arbitrary size to a bit string of a fixed size (a hash)
and is designed to be a one-way function, that is, a function which is infeasible to invert.

7. DIGITAL SIGNATURES
A digital signature is a mathematical scheme for demonstrating the authenticity of digital messages or documents. A valid
digital signature gives a recipient reason to believe that the message was created by a known sender (authentication), that
the sender cannot deny having sent the message (non-repudiation), and that the message was not altered in transit
(integrity).

8. DIFFERENT PARTS OF BLOCKCHAIN
Distributed
ledger and
decentralized
database
Tamper-
Proof
Consensus
Algorithm
Immutable

9. DIFFERENT CONSENSUS ALGORITHMS

10. Blockchain?
Blockchain is a type of distributed
ledger for maintaining a
permanent and tamper-proof
record of transactional data. A
blockchain functions as a
decentralized database that is
managed by computers belonging
to a peer-to-peer (P2P) network.
Each of the computers in the
distributed network maintains a
copy of the ledger to prevent a
single point of failure (SPOF) and
all copies are updated and
validated simultaneously.
Ledger
1
Ledger
2
Ledger
3
Ledger
4
Ledger
5

11. DIFFERENT GENERATIONS OF BLOCKCHAIN

12. HOW DOES IT WORK?

13. ADVANTAGES
• Transparency
• Overcomes the double spending Problem
• More secure than centralized systems
• Cannot be Hacked
• Various Applications can be built on the platform

14. APPLICATIONS
Cryptocurrency
To Store Documents
Smart Contracts

15. WHY IS IT SO IMPORTANT?

16. ENERGY INTERNET
The Energy Internet is an Internet of things – cars, appliances, power plants –
woven together into a choreographed dance of energy by a humming buzz of
power lines and wireless communication

17. MERGING BLOCKCHAIN AND ENERGY INTERNET

18. OUTCOMES
• An unauthorized user cannot tap into a transaction
• The power is moved efficiently
• Elimination of a single controlling entity
• Can be accessed by anyone on the network
• The time taken for a single transaction is very less

19. CONCLUSION
• We often see that Revolutions in various fields takes part in a
point where two great technologies converge.
• The urge to move to renewable source of energy has sparked a
lot of interest in incorporating disruptive technologies to the
field of renewable energy.
• As of now the technology is still in its infancy and we cannot
predict for sure the success rate of this innovation.

21. THANK YOU!