{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11501389","patent":{"patent_number":"US-11501389","title":"Systems and methods for advanced energy settlements, network-based messaging, and applications supporting the same on a blockchain platform","assignee":null,"inventors":[],"filing_date":"2020-12-03T00:00:00.000Z","publication_date":"2022-11-15T00:00:00.000Z","cpc_codes":["G06Q","G05D","G05D","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G07F","H02J","H02J","H02J","H02J","H02J","H04L","H04L","G06Q","H02J"],"num_claims":20,"abstract":"Systems and methods for financial settlement of transactions within an electric power grid network are disclosed. A multiplicity of active grid elements are constructed and configured for electric connection and network-based communication over a blockchain-based platform. The multiplicity of active grid elements are operable to make peer-to-peer transactions based on their participation within the electric power grid by generating and executing a digital contract. The multiplicity of active grid elements generate messages autonomously and/or automatically within a predetermined time interval. The messages comprise energy related data and settlement related data. The energy related data of the multiplicity of active grid elements are based on measurement and verification. The energy related data and the settlement related data are validated and recorded on a distributed ledger with a time stamp and a geodetic reference."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems and methods for advanced energy settlements, network-based messaging, and applications supporting the same on a blockchain platform","description":"Systems and methods for financial settlement of transactions within an electric power grid network are disclosed. A multiplicity of active grid elements are constructed and configured for electric con","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11501389","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11501389","citation_suggestion":"Patentable. \"Systems and methods for advanced energy settlements, network-based messaging, and applications supporting the same on a blockchain platform\" (US-11501389). https://patentable.app/patents/US-11501389","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11501389","json":"https://patentable.app/api/llm-context/US-11501389","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T08:35:08.906Z"}