Blockchain-IoT Enabled Smart Metering System

Abstract

The Smart Metering System is a trending technology that is known widely in recent years as one of the topics related to Smart Grids (SG). It refers to the usage of a smart meter with a pre-defined and designed architecture to measure, collect, and analyze the energy consumption of customers in real time. The smart metering system contains some components that are connected to provide the desired application. The basic component is the smart meter that is related to energy customers and connected by a gateway to the utility supplier database. Which allows system measuring and monitoring of energy consumption remotely. One of the important aspects of a smart metering system is data security, where a smart metering system is providing service for a large number of customers and it collects very sensitive data of a customer's energy consumption and other private information that must be secured. To address this, researchers improved different security solutions to preserve the security of smart metering systems taking in mind protecting customers' data and utility network depending on the architecture of the system and desired application. Internet of Things (IoT), Blockchain, Lightweight algorithms, machine learning, and others are used as security-providing solutions for smart metering systems. Therefore, in this study, we presented a review of the recent solutions that provide security for smart metering applications by integrating the smart metering system with different technologies, we also propose a new smart metering system that enables Blockchain technology in order to provide system monitoring and security preserving.