U.S. Patent 10673273 was awarded to General Electric Company on June 02, 2020 and is entitled “Distributed ledger based control of large-scale, power grid energy resources.” The first named inventor is Reza Ghaemi of Watervliet, NY. The abstract contains an overview of the patent disclosure:

Some embodiments may provide a distributed optimization technology for the control of aggregation of distributed flexibility resource nodes (e.g., associated with distributed energy resources) that operates iteratively until a commanded power profile is produced by aggregated loads. Some embodiments use a distributed iterative solution in which each node solves a local optimization problem with local constraints and states, while using global qualities (e.g., associated with a Lagrange multiplier) that are based upon information from each other node. The global qualities may be determined via a secure, distributed transaction ledger (e.g., associated with blockchain) using DER-specific information obtained in a condensed form (e.g., a scalar or vector) from each node at each iteration. The global qualities may be broadcast to the nodes for each new iteration. Embodiments may provide an iterative, distributed solution to the network optimization problem of aggregated load power tracking. Link to Full Patent

This blockchain patent was originally filed on May 18, 2018  as U.S. Patent Application 15/983668 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10673273. The primary examiner was Christopher E. Everett.

General Electric Company, who is the original assignee of this patent, has at least 49684 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 1 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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