Abstract:
Blockchain and IoT are the fastest growing technologies in the world right now. Blockchain gives
us the security and efficiency of data and IoT gives us the comfort we want. In our traditional
system, the data restored by an organization is centralized and vulnerable, which concerns security
issues. The combination of IoT and blockchain can prevent those issues. The evaluation of
technology is so remarkable that the whole civilization depends on it nowadays, and to maintain
this technological race a huge amount of energy has been used from our limited resources. The
process of producing energy continuously is not ecofriendly, and the world is facing ecological
problems already. This report will help us to understand how to use green energy to prevent
ecological imbalance and the distribution of energy through a secured platform that blockchain
provides. Therefore, we are proposing a novel approach to construct a blockchain-based private
platform where consumers can produce solar energy and distribute it among themselves without the
fear of data tempering.
