U.S. Patent 10983958 was awarded to ClearTrace Technologies, Inc. on April 20, 2021 and is entitled “Sustainable energy tracking system utilizing blockchain technology and Merkle tree hashing structure.” The first named inventor is Troy Martin of Austin, TX. The abstract contains an overview of the patent disclosure:
Apparatus and associated methods relate to generating energy blocks on a blockchain corresponding to generation, transmission, and consumption of predetermined quanta of energy represented by corresponding records in an associated Merkle trie. In an illustrative example, individual energy data records may be hashed. Each hash may be stored in a leaf node of a Merkle trie. The individual energy data records may be aggregated to correspond to represent a predetermined quantum of energy. The individual energy data records may include energy generation records. The energy blocks may be associated with scheduling, delivery, and consumption data for the energy quantum. Various embodiments may advantageously provide secure, verifiable, and immutable tracking and processing of energy generation, transmission, and consumption of physical energy quanta across one or more distributed energy networks. Link to Full Patent
This blockchain patent was originally filed on November 25, 2020 as U.S. Patent Application 17/104369 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10983958. The primary examiner was Phuong Thao Cao.
ClearTrace Technologies, Inc., who is the original assignee of this patent, has at least 1 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.
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