Managing Energy Transactions Using Distributed Ledger Technology""creating, Monitoring, and Updating Energy Transactions Using Distributed Ledger Technology and Contract Codex""environmental Impact Attribution for Energy Production and Fulfillment Using Distributed Ledgers

US 11,501,392, US 11,557,008 and US 11,710,199, assigned to Energyxchain LLC, cover managing, creating, monitoring, updating energy transactions; managing smart contracts; and environmental impact and attribution calculation using distributed ledgers, and are available for sale through IPApproach.

US Patents

3 granted

Foreign Counterparts

1

Assignee

Energyxchain LLC

Availability

For Sale

Patents Included

• US 11,501,392↗
• US 11,557,008↗
• US 11,710,199↗

• WO 2021041879 A1

Technology Highlights

• The invention implements distributed ledger technology (blockchain) to aggregate the receipt, shipment, and delivery requirements for all participants in an energy transaction (e.g., within a contract for the energy transaction).
• The invention adds the transactions to the distributed ledger in response to the negotiation and execution of contracts corresponding to energy transactions. This reduces the overall amount of data that is required to be stored in the disputed ledger and improves scalability for transaction negotiation systems.
• The invention includes a business application layer, a middleware layer, a distributed ledger layer and a machine learning layer.
• The invention's application layer includes horizontal software as a service (SaaS) applications and horizontal blockchain as a service (BaaS) applications.
• The invention's BaaS applications provide services that improve access, visualization, and integration with distributed ledger technologies.
• The invention provides a distributed file system to support distributed content delivery, that saves bandwidth and prevents direct denial of service (DDoS) attacks, which other data communication protocols (e.g., HTTP) remain vulnerable to.
• The invention allows transaction management service to additionally provide a notification to the seller and/or the buyer (e.g., via the interfaces) that indicates the newly added transaction was not successfully stored on the distributed ledger and needs to be attempted again.
• The invention combines the stored contracts with the interactive smart contracts executing automatically within the distributed ledger, to ensure compliance with conditions specified within the contract.
• The invention encrypts all or part of the contents of the transactions before storing them on the distributed ledger to provide additional security.
• The invention allows transaction participants to observe the status of the transaction at any time via the blockchain.
• The invention's smart contract module (contract codex) monitors the transaction, that automatically and optimally updates the transaction in response to situations that change after the transaction is nominated.
• The invention allows an environmental impact attribution system to utilize a distributed ledger technology (DLT) database in which all data required to calculate an energy resource's carbon attribute, related environmental impact, or cost are stored and automatically updates the environmental impact measurements and cost calculations when a data change occurs.
• The invention features include: built for transaction management, interactive interface, interoperable tools, highly scalable foundation and can be the GHG SaaS base.

Overview

The technology disclosed provides the following advantages:

Listing updated August 21, 2026

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