Storage system of power grid enterprise based on PBFT blockchain technology

A blockchain technology based on practical Byzantine fault tolerance (PBFT)algorithm was proposed.First of all, the traditional practical Byzantine fault tolerant algorithm was explained.The traditional algorithm included six phases: pre-stage, demand, pre-preparation, preparation, confirmation, and...

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Main Authors: Chunyan YANG, Dongmei BIN, Xin LI
Format: Article
Language:zho
Published: Beijing Xintong Media Co., Ltd 2021-02-01
Series:Dianxin kexue
Subjects:
Online Access:http://www.telecomsci.com/zh/article/doi/10.11959/j.issn.1000-0801.2021023/
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author Chunyan YANG
Dongmei BIN
Xin LI
author_facet Chunyan YANG
Dongmei BIN
Xin LI
author_sort Chunyan YANG
collection DOAJ
description A blockchain technology based on practical Byzantine fault tolerance (PBFT)algorithm was proposed.First of all, the traditional practical Byzantine fault tolerant algorithm was explained.The traditional algorithm included six phases: pre-stage, demand, pre-preparation, preparation, confirmation, and response.However, traditional algorithms had the disadvantages of poor real-time performance, lack of penalty mechanisms, and high bandwidth.In response to these problems, the traditional algorithm was improved, which specifically involved the accounting node, the consensus process, and the view switching process.The feasibility of the improved algorithm was further proved by testing.Applying this algorithm to power grid enterprises, the federal reserve system was implemented by the constructedvirtual warehouse, which also reduced the consumption of inventory funds.And the efficiency of inventory management in power grid enterprises was improved.
format Article
id doaj-art-15bc93d8b1f546259227cdd504cd6cd1
institution Kabale University
issn 1000-0801
language zho
publishDate 2021-02-01
publisher Beijing Xintong Media Co., Ltd
record_format Article
series Dianxin kexue
spelling doaj-art-15bc93d8b1f546259227cdd504cd6cd12025-01-15T03:25:54ZzhoBeijing Xintong Media Co., LtdDianxin kexue1000-08012021-02-013714415359806938Storage system of power grid enterprise based on PBFT blockchain technologyChunyan YANGDongmei BINXin LIA blockchain technology based on practical Byzantine fault tolerance (PBFT)algorithm was proposed.First of all, the traditional practical Byzantine fault tolerant algorithm was explained.The traditional algorithm included six phases: pre-stage, demand, pre-preparation, preparation, confirmation, and response.However, traditional algorithms had the disadvantages of poor real-time performance, lack of penalty mechanisms, and high bandwidth.In response to these problems, the traditional algorithm was improved, which specifically involved the accounting node, the consensus process, and the view switching process.The feasibility of the improved algorithm was further proved by testing.Applying this algorithm to power grid enterprises, the federal reserve system was implemented by the constructedvirtual warehouse, which also reduced the consumption of inventory funds.And the efficiency of inventory management in power grid enterprises was improved.http://www.telecomsci.com/zh/article/doi/10.11959/j.issn.1000-0801.2021023/practical Byzantine fault tolerance algorithmblockchain technologyvirtual warehouse
spellingShingle Chunyan YANG
Dongmei BIN
Xin LI
Storage system of power grid enterprise based on PBFT blockchain technology
Dianxin kexue
practical Byzantine fault tolerance algorithm
blockchain technology
virtual warehouse
title Storage system of power grid enterprise based on PBFT blockchain technology
title_full Storage system of power grid enterprise based on PBFT blockchain technology
title_fullStr Storage system of power grid enterprise based on PBFT blockchain technology
title_full_unstemmed Storage system of power grid enterprise based on PBFT blockchain technology
title_short Storage system of power grid enterprise based on PBFT blockchain technology
title_sort storage system of power grid enterprise based on pbft blockchain technology
topic practical Byzantine fault tolerance algorithm
blockchain technology
virtual warehouse
url http://www.telecomsci.com/zh/article/doi/10.11959/j.issn.1000-0801.2021023/
work_keys_str_mv AT chunyanyang storagesystemofpowergridenterprisebasedonpbftblockchaintechnology
AT dongmeibin storagesystemofpowergridenterprisebasedonpbftblockchaintechnology
AT xinli storagesystemofpowergridenterprisebasedonpbftblockchaintechnology