Blockchain-Based Energy Metering and Billing: Improving Scalability, Security, and Efficiency

Abstract

This thesis explores the potential of blockchain technology, specifically Ethereum, in addressing inefficiencies in the energy market. The research focuses on enhancing the scalability and security of smart contracts, crucial components for decentralized applications (DApps) in the energy sector. Three key research topics are investigated: improving the scalability of smart contracts, enhancing smart contract security, and modeling a decentralized energy metering and billing system on the Ethereum blockchain. The findings contribute to the development of efficient and secure smart contracts, with a proof of concept implementation for energy metering and billing using Solidity. The study emphasizes the importance of industry best practices and evaluates automated security testing tools to ensure the robustness of smart contracts in real-world applications.