U.S. Patent 10861112 was awarded to CAUSAM ENERGY, INC. on December 08, 2020 and is entitled “Systems and methods for advanced energy settlements, network-based messaging, and applications supporting the same on a blockchain platform.” The first named inventor is Nathaniel Taylor Brockman of Mt. Pleasant, SC. The abstract contains an overview of the patent disclosure:

Systems and methods for financial settlement of transactions within an electric power grid network are disclosed. A multiplicity of active grid elements are constructed and configured for electric connection and network-based communication over a blockchain-based platform. The multiplicity of active grid elements are operable to make peer-to-peer transactions based on their participation within the electric power grid by generating and executing a digital contract. The multiplicity of active grid elements generate messages autonomously and/or automatically within a predetermined time interval. The messages comprise energy related data and settlement related data. The energy related data of the multiplicity of active grid elements are based on measurement and verification. The energy related data and the settlement related data are validated and recorded on a distributed ledger with a time stamp and a geodetic reference. Link to Full Patent

This blockchain patent was originally filed on August 07, 2017  as U.S. Patent Application 15/670903 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10861112. The primary examiner was Alan S Miller.

CAUSAM ENERGY, INC., who is the original assignee of this patent, has at least 85 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 2 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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