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Industrial Blockchain Platforms: An Exercise in Use Case Development in the Energy Industry

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  • Mattila, Juri
  • Seppälä, Timo
  • Naucler, Catarina
  • Stahl, Riitta
  • Tikkanen, Marianne
  • Bådenlid, Alexandra
  • Seppälä, Jane

Abstract

To encourage public discourse on blockchain use case development, this paper provides a pragmatic view on how to develop and to describe blockchain use cases. We approach the issue by developing a tentative use case for autonomous machine-to-machine transactions of electricity in a housing society environment through an iterative process with stakeholders in the energy industry. We proceed by evaluating the outlined concept and its technical specifications against six criteria for a sensible blockchain use case, as identified by blockchain industry specialists. Finally, we conclude with observations and discussion on the use case development process, and its future steps.

Suggested Citation

  • Mattila, Juri & Seppälä, Timo & Naucler, Catarina & Stahl, Riitta & Tikkanen, Marianne & Bådenlid, Alexandra & Seppälä, Jane, 2016. "Industrial Blockchain Platforms: An Exercise in Use Case Development in the Energy Industry," ETLA Working Papers 43, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:wpaper:43
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    References listed on IDEAS

    as
    1. Marius Buchmann, 2016. "Information Management in Smart Grids - the need for decentralized governance approaches," Bremen Energy Working Papers 0025, Bremen Energy Research.
    2. David, Paul A. & Bunn, Julie Ann, 1988. "The economics of gateway technologies and network evolution: Lessons from electricity supply history," Information Economics and Policy, Elsevier, vol. 3(2), pages 165-202.
    3. Kenji Kushida & Jonathan Murray & John Zysman, 2011. "Diffusing the Cloud: Cloud Computing and Implications for Public Policy," Journal of Industry, Competition and Trade, Springer, vol. 11(3), pages 209-237, September.
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    Cited by:

    1. Joao C. Ferreira & Catarina Ferreira da Silva & Jose P. Martins, 2021. "Roaming Service for Electric Vehicle Charging Using Blockchain-Based Digital Identity," Energies, MDPI, vol. 14(6), pages 1-23, March.
    2. Mattila, Juri, . "Blockchain Systems as Multi-sided Platforms," ETLA A, The Research Institute of the Finnish Economy, number 51.
    3. Shengnan Zhao & Beibei Wang & Yachao Li & Yang Li, 2018. "Integrated Energy Transaction Mechanisms Based on Blockchain Technology," Energies, MDPI, vol. 11(9), pages 1-19, September.
    4. Soto, Esteban A. & Bosman, Lisa B. & Wollega, Ebisa & Leon-Salas, Walter D., 2021. "Peer-to-peer energy trading: A review of the literature," Applied Energy, Elsevier, vol. 283(C).
    5. Teng, Sin Yong & Touš, Michal & Leong, Wei Dong & How, Bing Shen & Lam, Hon Loong & Máša, Vítězslav, 2021. "Recent advances on industrial data-driven energy savings: Digital twins and infrastructures," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    6. Annegret Henninger & Atefeh Mashatan, 2022. "Distributed Renewable Energy Management: A Gap Analysis and Proposed Blockchain-Based Architecture," JRFM, MDPI, vol. 15(5), pages 1-25, April.

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    Keywords

    Digital platform; industrial platform; blockchain technology; autonomous marketplace; energy industry;
    All these keywords.

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