# Blockchain based Digital Asset Management System Architecture for Power Grid Big Data

**Authors:** Jun Zhang, Fei-Yue Wang  
**arXiv:** [1808.06531](https://arxiv.org/abs/1808.06531)  
**Date:** 2018-08-07  
**Summary page:** https://www.summarizepaper.com/en/arxiv-id/1808.06531v1/

## Key points

- Chinese power grid enterprises need a digital asset management system
- Blockchain technology offers promising solutions for power grid digital asset management and Big Data applications
- The article introduces the current state-of-the-art of power grid Big Data and digital asset management, highlighting related issues faced by power grid enterprises
- A blockchain-based digital asset management technology is proposed as a solution, with detailed implementation discussed
- The article also discusses potential future developmental directions for this technology
- Jun Zhang and Fei-Yue Wang's expertise contributes to understanding how blockchain can revolutionize the power grid industry
- Adoption of blockchain technology in power grid enterprises can provide secure and efficient digital asset management solutions.

## Summary

Chinese power grid enterprises are facing the need for the development of a digital asset management system. The characteristics of decentralization, self-trust, and self-confidence in blockchain technology provide a promising technical path for power grid digital asset management and Big Data applications. This article introduces the current state-of-the-art of power grid Big Data and digital asset management, highlighting the related issues faced by power grid enterprises. The solution proposed is a blockchain-based digital asset management technology which is presented in detail along with its implementation. Furthermore, the article discusses potential future developmental directions of this technology. Jun Zhang and Fei-Yue Wang's expertise contributes to understanding how blockchain can revolutionize the power grid industry by providing secure and efficient digital asset management solutions. This detailed summary provides valuable insights into the potential benefits and advancements that can be achieved through the adoption of blockchain technology in power grid enterprises.