11 Oct '17, 4pm

Why the DOE Needs Blockchain to Secure the Grid

Why the DOE Needs Blockchain to Secure the Grid

An increasingly open and transactional grid edge is forcing the U.S. Department of Energy to shore up electricity network defenses with blockchain technology. Last month, the DOE embarked on a multimillion-dollar push “to develop blockchain cybersecurity technology to help secure distributed energy resources at the grid’s edge,” according to a press release from Guardtime, one of the parties involved in the project. Michael Mylrea, senior manager of cybersecurity for electricity infrastructure at Pacific Northwest National Laboratory (PNNL), another of the project partners, said a key goal of the work was to develop a keyless signature infrastructure (KSI) based on blockchain. This would be used to verify exchanges within a grid edge energy-delivery system, he said. “Grid edge devices lack visibility, control and security to conduct real-time energy transactions with the r...

Full article: https://www.greentechmedia.com/articles/read/doe-blockcha...

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