U.S. Patent 11164267 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on November 02, 2021 and is entitled “Using blockchain to select energy-generating sources.” The first named inventor is Rajesh K. Saxena of Mumbai, . The abstract contains an overview of the patent disclosure:

A power-distribution routing system of a power-transmission company receives a request to route electrical power to users through a power-grid infrastructure during a specified future period of time. The system retrieves time-stamped blockchain data that identifies past fluctuations in energy demand, service agreements between energy companies, and energy-production and demand-fulfilment histories of energy-generating sources like power plants. The system also retrieves extrinsic contextual and socioeconomic data from online sources and various business applications. An artificially intelligent cognitive framework uses a sliding-frame mechanism to infer patterns in the rate of change of user demand during past time periods similar to the period specified by the request. The system ranks each source by its demonstrated ability to satisfy the patterns of demand in consideration of the contextual data. The system directs downstream components to route energy from a mix of the highest-ranking suppliers through the grid during the specified time period. Link to Full Patent

This blockchain patent was originally filed on February 27, 2020  as U.S. Patent Application 16/803326 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11164267. The primary examiner was Mohammad Ali.

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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