Principle of block chain technology and its application in electric power industry

Abstract

Block chain is an important sub-concept of Bitcoin, which is essentially a comprehensive database without intermediary structure. Block chain technology, as a distributed data storage database technology, has broad application prospects in the power industry. Starting from the basic conceptual structure characteristics of block chain technology, this paper explains the principle and core technology of block chain technology, and explores the application of block chain technology in power transmission, power terminal services and energy fields.