- Sep 5, 2019 1:21 pm GMT
This item is part of the Special Issue - 2019-09 - Blockchain in Utilities, click here for more
Blockchain can apparently help secure the power grid. The Department of Energy has made a $200,000 grant to TFA Labs, an Austin-based Internet-of-Things startup, to help secure the grid by validating that energy devices and hardware connected to the Internet are not infected with malware.
The protocol will produce cryptographically-signed data that can be stored within devices and hardware and on a permissionless blockchain system (or, in simple words, a database). If the device is infected with malware then it will produce the incorrect cryptographic hash. In Phase II of this project, the protocol will be embedded into various vendor devices and manufacturers.
"Securing data at the source means data is protected and devices are secured and impervious to malicious actors. Integration of this technology with the electric grid will mean a more resilient system able to handle the demands of today’s power requirements with the ability to scale for the needs of the future," the abstract notes.
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.