A Feature Modeling Based Bidding Trading Mechanism in Power Blockchain

With the improvement of the requirement of power service and marketization of the power industry, how to reasonably trade and effectively utilize power has become an emergent problem. Due to the centralized trade mode in the traditional power, many issues, including long-term processing, high trading cost, lack of supervision, and potential attack risk, are inevitable. It means that the feasible, effective trading processing rules is required. As an innovative information technology, blockchain has combined the advantages of decentralization, immutability, data provenance and automatically contract operation, which can be used to solve the abovementioned issues. Taking the credibility and activity into account, a feature modeling based bidding trading mechanism in power blockchain is proposed. Such a mechanism is deployed and executed in the manner of smart contract. The extensive experimental results demonstrate that the proposed mechanism is feasible and effective, which can be applied to large-scale power trading scenarios, thus having the practical value.