| The advent of the digital era promotes the vigorous development of financial science and technology.The combination of information technology and financial innovation results in the digitalization and technicalization of finance,which is the main theme of future financial development.With the rise of digital currency,the concept of"blockchain" has become a hot topic in the field of financial science and technology.It also has become one of the core contents of financial science and technology.With the long-term development of blockchain technology,blockchain has entered a new stage of development,and the demand for enabling the real economy is increasingly prominent.Asset tokenization is a process of transforming asset rights into digital forms and giving them financial attributes in the blockchain.As an on chain mapping of asset rights,it expands the solution of blockchain landing entity application.The ultimate goal of financial innovation is to serve the real economy,and digital finance needs to return to real production and life.Distributed photovoltaic decentralization and many other characteristics are similar with the decentralized and other characteristics of blockchain technology.Therefore,taking distributed photovoltaic as an example,this paper discusses the token trading system based on blockchain.Through the tokenization of photovoltaic power,it can realize the point-to-point value circulation channel of distributed photovoltaic,and the free circulation of token provides a market-oriented price system,which can guarantee the long-term development of distributed photovoltaic industry.Therefore,the research in this paper is of practical significance in the application of blockchain and asset tokenization based entity,and in promoting the development of distributed photovoltaic.Starting from the principle of blockchain,this paper introduces the classification and system architecture of blockchain,analyzes the characteristics and advantages of on chain asset tokenization,and discusses the similarity of blockchain and certification with distributed photovoltaic.Then,it applies on chain tokenization transaction to distributed photovoltaic industry,selects photovoltaic energy as an asset for tokenization,and constructs PV token transaction based on blockchain.Then it constructs basic transaction system through Hyperledger Fabric.In order to further discuss the effectiveness of the model,a market-oriented photovoltaic trading simulation model is constructed.Finally,the effectiveness of the model is verified by a simulation example.The following two main conclusions are obtained:①Through the tokenization of photovoltaic power,the blockchain based trading model can provide an efficient point-to-point transaction settlement mechanism,improve the user’s photovoltaic yield,and reduce the user’s electricity cost by 7%~14%in distributed photovoltaic projects;②Token has opened up a new investment window for distributed photovoltaic projects.At the same time,the price of the PV pass can reflect the operation of the distributed photovoltaic community and affect its equilibrium state.They interact and form a market-oriented price mechanism.Especially in the case of insufficient government subsidies,it could ensure the long-term development of the distributed photovoltaic industry. |