Nikita Karandikar

Nikita Karandikar

Ph.D. started in: 2018
Expected year of graduation: 2021
COINS consortium member: University of Stavanger
Supervised by: Chunming Rong, Antorweep Chakravorty
Research area: Cryptography
Project title: Driving behavior change by incentivizing households to trade renewable energy in a gamified community level marketplace
Project description: My project deals with implementing a transaction system for renewable energy using blockchain technology. As with any transaction system, one of the main challenges is to secure the network and validate the transactions using consensus mechanisms and encryption. The blockchain is implemented using the Hyperledger framework. Gamification and incentivization techniques are used to increase adoption and user engagement. Game theory to be applied to model the expected behavior of users and to identify any best response strategy on the proposed trading solution. AI techniques like machine learning, artificial neural networks and deep learning to be considered to learn from the data generated or simulated using the proposed trading solution. A unified data stream that has consensus from all relevant parties is obtained which can be used to train the system.