Multiple Authorities Attribute-Based Verification Mechanism for Blockchain Mircogrid Transactions

Recently, advancements in energy distribution models have fulfilled the needs of microgrids in finding a suitable energy distribution model between producer and consumer without the need of central controlling authority. Most of the energy distribution model deals with energy transactions and losses without considering the security aspects such as information tampering. The transaction data could be accessible online to keep track of the energy distribution between the consumer and producer (e.g., online payment records and supplier profiles). However this data is prone to modification and misuse if a consumer moves from one producer to other. Blockchain is considered to be one solution to allow users to exchange energy related data and keep track of it without exposing it to modification. In this paper, electrical transactions embedded in blockchain are validated using the signatures of multiple producers based on their assigned attributes. These signatures are verified and endorsed by the consumers satisfying those attributes without revealing any information. The public and private keys for these consumers are generated by the producers and endorsement procedure using these keys ensures that these consumers are authorized. This approach does not need any central authority. To resist against collision attacks, producers are given a secret pseudorandom function seed. The comparative analysis shows the efficiency of proposed approach over the existing ones.