While cloud computing is the current standard for outsourcing computation, it can be prohibitively expensive for cities and infrastructure operators to deploy services. At the same time, there are underutilized computing resources within cities and local edge-computing deployments. Using these slack resources may enable significantly lower pricing than comparable cloud computing; such resources would incur minimal marginal expenditure since their deployment and operation are mostly sunk costs. However, there are challenges associated with using these resources. First, they are not effectively aggregated or provisioned. Second, there is a lack of trust between customers and suppliers of computing resources, given that they are distinct stakeholders and behave according to their own interests. Third, delays in processing inputs may diminish the value of the applications. To resolve these chal-lenges, we introduce an architecture combining a distributed trusted computing mechanism, such as a blockchain, with an efficient messaging system like Apache Pulsar. Using this architecture, we design a decentralized computation market where customers and suppliers make offers to deploy and host applications. The proposed architecture can be realized using any trusted computing mechanism that supports smart contracts, and any messaging framework with the necessary features. This combination ensures that the market is robust without incurring the input processing delays that limit other blockchain based solutions. We evaluate the market protocol using game-theoretic analysis to show that deviation from the protocol is discouraged. Finally, we assess the performance of a prototype implementation based on experiments with a streaming computer-vision application.

Power grids are evolving at an unprecedented pace due to the rapid growth of distributed energy resources (DER) in communities. These resources are very different from traditional power sources, as they are located closer to loads and thus can significantly reduce transmission losses and carbon emissions. However, their intermittent and variable nature often results in spikes in the overall demand on distribution system operators (DSO). To manage these challenges, there has been a surge of interest in building decentralized control schemes, where a pool of DERs combined with energy storage devices can exchange energy locally to smooth fluctuations in net demand. Building a decentralized market for transactive microgrids is challenging, because even though a decentralized system provides resilience, it also must satisfy requirements such as privacy, efficiency, safety, and security, which are often in conflict with each other. As such, existing implementations of decentralized markets often focus on resilience and safety but compromise on privacy. In this article, we describe our platform, called TRANSAX, which enables participants to trade in an energy futures market, which improves efficiency by finding feasible matches for energy trades, enabling DSOs to plan their energy needs better. TRANSAX provides privacy to participants by anonymizing their trading activity using a distributed mixing service, while also enforcing constraints that limit trading activity based on safety requirements, such as keeping planned energy flow below line capacity. We show that TRANSAX can satisfy the seemingly conflicting requirements of efficiency, safety, and privacy. We also provide an analysis of how much trading efficiency is lost. Trading efficiency is improved through the problem formulation, which accounts for temporal flexibility, and system efficiency is improved using a hybrid-solver architecture. Finally, we describe a testbed to run experiments and demonstrate its performance using simulation results.