Muhammad Faizan has a Masters Degree in Renewable Energy from the University of Freiburg and a Bachelors Degree in Electrical Engineering from NED University. He completed his Master thesis on Ethereum-based Energy Trading Platform. Before moving to Germany, he worked in a Karachi based vertical integrated electric utility company where he uncovered the need for innovation in the energy industry that inspired him to pursue graduate studies and contribute to positive change. Currently, he is working as blockchain engineer, researching and developing a decentralized and intelligent electrical network.
In this paper, the simulated environment of a hierarchical energy trading market using Ethereum’s smartcontract technology is created as a proof-of-concept of using blockchain technology in energy trading.