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Use of blockchain based distributed consensus control

  • US 10,649,429 B2
  • Filed: 06/22/2018
  • Issued: 05/12/2020
  • Est. Priority Date: 10/13/2015
  • Status: Active Grant
First Claim
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1. A computer-implemented method comprising:

  • receiving, by a self-executing contract, settlement information from at least two nodes in a network, the network comprising a plurality of nodes, each node in the plurality of nodes maintaining at least a predetermined number of tokens, each token representing an energy value, wherein the energy values of the tokens of the at least two nodes are represented in the self-executing contract;

    validating a current state of a public ledger;

    generating fulfillment information based on the received settlement information; and

    contributing to an updated state of the public ledger using the fulfillment information.

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