The emergence of blockchains and smart contracts has renewed interest in electrical cyberphysical systems, especially transactive energy systems. To address the associated challenges, we present TRANSAX, a blockchain-based transactive energy system that provides an efficient, safe, and privacy-preserving market built on smart contracts.
Recommended citation: S. Eisele et al., “Blockchains for Transactive Energy Systems: Opportunities, Challenges, and Approaches,” in Computer, vol. 53, no. 9, pp. 66-76, Sept. 2020, doi: 10.1109/MC.2020.3002997.