Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – Autonomous peer-to-peer energy networks operating on a blockchain – US10762564

U.S. Patent 10762564 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on September 01, 2020 and is entitled “Autonomous peer-to-peer energy networks operating on a blockchain.” The first named inventor is Pratyush Kumar of Guindy, . The abstract contains an overview of the patent disclosure:

A blockchain configuration may be used to store a distributed ledger for an energy optimization procedure. One example method of operation may include measuring energy metrics associated with network devices operating on a network via meter devices, identifying potential changes to existing energy usage of the network based on the energy metrics, logging the energy metrics and the potential changes as part of a distributed ledger, and storing the distributed ledger in a blockchain block. Link to Full Patent

This blockchain patent was originally filed on November 10, 2016  as U.S. Patent Application 15/348810 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10762564. The primary examiner was Kirsten S Apple.

INTERNATIONAL BUSINESS MACHINES CORPORATION, who is the original assignee of this patent, has at least 150818 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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