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A blockchain is an open and distributed ledger where transactions are recorded chronologically, publicly and inherently resistant to modification. A smart grid is an electrical grid which includes a variety of operational and energy measures including smart meters, smart appliances, renewable energy resources as well as energy efficient resources. Artificial Intelligence is intelligence displayed by machines. This term refers to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover or learn from past experience. The Internet of Things is the network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data.
