A Design of Blockchain/Smart Contract for Electric Vehicle Power Trading

Design, Construction and Verification Using Remix

Abstract

This paper presents a mechanism using blockchain technology in EV charging and discharging transactions. Specifically, this study designs and develops smart contracts using Remix and proposes a method for their verification. EV charging and discharging transactions involve the exchange of electricity between a facility that performs charging and discharging and an EV owned by another facility, with billing and payment conducted via blockchain. The functionality of the developed smart contract is verified through simulation in the virtual environment of Remix. As a result, a smart contract for electricity transactions was developed that not only handles billing and payment transactions but also accounts for the fees associated with blockchain usage.