Figure 7. Uprising of Blockchain technology
4.3. Blockchain P2P Energy Trade
The introduction of prosumers and SGs opens up new electricity trading opportunities, allowing participants to conduct energy transactions (including prosumers, grids and energy storage). Since energy is the most critical economic development system, this paradigm shift in energy trading necessitates establishing a stable, reliable structure and promotes energy economics [117]. Furthermore, trading mechanisms should become more decentralized to safely open up the market to more participants (as illustrated in Figure 8).