Energy Trading of Electric Vehicles using Blockchain and Smart Contracts

Research related to electric vehicles (EV) is mainly focused on the hardware such as battery charging method, and still there is a lack of software research such as billing system that needs to be developed realistically. The result of charge measured in the charging EV can be different from the charged amount claimed to be charged in the charging system (CS). However, due to the potential security and privacy issues caused by untrusted and opaque energy markets, it becomes a great challenge to optimally schedule the charging behaviors of EVs with distinct energy delivery preferences of the CSs. In this paper, a novel EV participation charging scheme is proposed for a decentralized blockchain using smart contracts. Firstly, a permissioned blockchain system is introduced to implement secure charging services for EVs with the execution of smart contracts. Furthermore, based on the smart contract designed each EVs individual needs from CS is satisfied while maximizing its utility.