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First way is utility-grid contract, which introduced a simple reward policy using distributed proof-of-work (PoW) consensus algorithm in Blockchain to motivate consumer to use less energy in peak hours. Through this policy consensus algorithm reward electric units to the consumers in peak hours. And in second way scheme introduce Micro-grid contract, which is a peer to peer (P2P) trade in global market. Those consumer (prosumer) who can generate energy using renewable resources can sell their surplus energy to other consumer through this contract. Furthermore, hash functions, public key encryption and digital signatures have been used to provide privacy preserving to the consumers and integrity to the stored data.<\/jats:p>","DOI":"10.3233\/jifs-169832","type":"journal-article","created":{"date-parts":[[2018,7,24]],"date-time":"2018-07-24T17:11:11Z","timestamp":1532452271000},"page":"5901-5911","update-policy":"https:\/\/doi.org\/10.1177\/sage-journals-update-policy","source":"Crossref","is-referenced-by-count":17,"title":["Load balancing in decentralized smart grid trade system using blockchain"],"prefix":"10.1177","volume":"35","author":[{"given":"Kashif","family":"Inayat","sequence":"first","affiliation":[{"name":"Department of Electronics and Computer Engineering, Hongik University, Sejong, Korea"}]},{"given":"Seong Oun","family":"Hwang","sequence":"additional","affiliation":[{"name":"Department of Software and Communications Engineering, Hongik University, Sejong, Korea"}]}],"member":"179","published-online":{"date-parts":[[2018,7,23]]},"reference":[{"key":"e_1_3_2_2_2","doi-asserted-by":"publisher","DOI":"10.1109\/TSG.2012.2223766"},{"key":"e_1_3_2_3_2","doi-asserted-by":"publisher","DOI":"10.1109\/TSG.2012.2185075"},{"key":"e_1_3_2_4_2","doi-asserted-by":"publisher","DOI":"10.1109\/ACCESS.2017.2728623"},{"issue":"99","key":"e_1_3_2_5_2","first-page":"1","article-title":"EPPDR: An efficient privacy-preserving demand response scheme with adaptive key evolution in smart grid","author":"Li H.","year":"2013","unstructured":"LiH., LiangX., LuR., LinX., YangH. and ShenX., EPPDR: An efficient privacy-preserving demand response scheme with adaptive key evolution in smart grid, IEEE Transactions on Parallel and Distributed SystemsPP(99) (2013) 1\u201310.","journal-title":"IEEE Transactions on Parallel and Distributed Systems"},{"key":"e_1_3_2_6_2","doi-asserted-by":"publisher","DOI":"10.1109\/TSG.2012.2224389"},{"key":"e_1_3_2_7_2","unstructured":"MohammadaliA. 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