Charge Me Securely: Decentralized Privacy-Aware and Publicly Verifiable Energy Trading with Electric Vehicles
With the widespread adoption of electric vehicles (EVs), Vehicle-to-Vehicle (V2V) charging technology offers a more flexible solution for EV charging, significantly alleviating charging inconvenience, particularly in remote areas. However, the current V2V energy trading landscape lacks reliable management platforms with transparent transaction protocols. Furthermore, notable deficiencies exist in data privacy and security, which hinder the broader implementation of V2V charging services. Addressing these challenges, particularly the provision of secure and publicly auditable V2V charging without relying on centralized platforms or disclosing user privacy, has become a critical concern. For this reason, this paper presents PET, a decentralized Privacy-preserving Energy Trading system with public verifiability for EVs. PET is built upon the emerging blockchain technology to decentralize energy trading while ensuring accountability. We model energy demand-supply matching as range matching of locations and charge amounts between a buyer and sellers, and employ reverse auction to select the winner. For efficient and privacy-aware range proofs, we propose a novel batched hash chain-based range proof (BHW) primitive. In addition, PET integrates zk-SNARKs to verify payment correctness while maintaining user privacy. Our system supports public verifiability, entitling any third party to independently verify the transaction integrity. We analyze the privacy guarantees and public verifiability of PET. Extensive experiments implemented on Hyperledger Fabric further validate that PET delivers robust performance with a 4 × reduction in verification cost compared to that without batch proofs.
Authors
- Haiqin Wu (ORCID: https://orcid.org/0000-0002-2942-6975)
- Zhenfu Cao (ORCID: https://orcid.org/0000-0002-5250-5030)
- Xiaolei Dong (ORCID: https://orcid.org/0000-0002-5844-0223)
- Xiao Chen (ORCID: https://orcid.org/0000-0002-3290-507X)
- Jucai Yang (ORCID: https://orcid.org/0009-0005-3602-6207)
Institutions
- University of Leicester (GB)
- East China Normal University (CN)
Publication Details
- Published
- 2024-12-02
- DOI
- https://doi.org/10.1109/secon64284.2024.10934907
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00