Implementation of Blockchain in Net Metering Scheme of Bangladesh

Abstract

The thesis work is carried out to implement blockchain technology in the net metering scheme of Bangladesh. The government is promoting the generation and distribution of energy from renewable sources and this is expected to be effectively promoted by the net metering process. The security and integrity of the whole process is pivotal to running the entire system efficiently. Hence comes the proposal of blockchain technology and its application, the smart contracts, to make the process more secure and accurate and much easier. This thesis outlines how to secure and automate the net metering system with the implementation of smart contracts using blockchain technology