Beyond Integration: Advancing Electricity Metering with Secure and Transparent Blockchain-IoT Solutions

As the demand for reliable and accurate electricity metering escalates in the digital era, traditional systems increasingly need to improve due to their centralized nature, prone to inaccuracies, privacy breaches, and cybersecurity threats. This paper proposes a novel solution that harnesses the transformative power of Blockchain and Internet of Things (IoT) technologies to address these critical challenges. By integrating the immutable ledger capabilities of blockchain with the real-time data acquisition prowess of IoT, we introduce a decentralized system that ensures the secure and transparent measurement and billing of electricity for domestic consumers. Adopting Hyperledger Fabric within our framework offers a robust, scalable architecture that supports secure transactions and enhances trust through digital identities for all participants. This system mitigates the vulnerabilities associated with centralized authorities and efficiently monitors and manages energy consumption with unprecedented precision. Through this approach, we aim to revolutionize the electricity metering infrastructure, providing a blueprint for future advancements in the energy sector.