Use of blockchain based distributed consensus control
A system for the cryptographically-secure, autonomous control of devices comprising, connected to or remotely operating devices in an electrically powered network and the transaction of the benefits, costs or value created by or transacted through the devices in this electrically powered network.
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.
2. The computer-implemented method of claim 1 , wherein the self-executing contract is for at least one of buying, selling, or bartering based on the tokens.
3. The computer-implemented method of claim 1 , wherein the public ledger stores renewable energy certificates.
4. The computer-implemented method of claim 1 , further comprising assigning a token value to infrastructure costs.
5. The computer-implemented method of claim 1 , wherein at least one token represents at least one of carbon offset/credits or impact, renewable energy certificates, energy efficiency credit or impact, flexibility or demand response credit or impact.
6. The computer-implemented method of claim 1 , wherein at least one token represents at least one of energy loss due to transmission, constraint in operation condition, or asset utilization.
7. A system comprising:
a 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 a node of the plurality of nodes generates a smart contract, the smart contract configured to:
receive settlement information from at least two nodes in the network, wherein the energy values of the tokens of the at least two nodes are represented in the smart 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.
8. The system of claim 7 , wherein the self-executing contracts is for at least one of buying, selling, or bartering based on the tokens.
9. The system of claim 7 , wherein the public ledger stores renewable energy certificates.
10. The system of claim 7 , which assigns a token value to infrastructure costs.
11. The system of claim 7 , wherein at least one token represents at least one of carbon offset/credits or impact, renewable energy certificates, energy efficiency credit or impact, flexibility or demand response credit or impact.
12. The system of claim 7 , wherein at least one token represents at least one of energy loss due to transmission, constraint in operation condition, or asset utilization.
13. A non-transitory computer storage medium encoded with computer program instructions that when executed by one or more computers cause the one or more computers to perform operations 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.
14. The non-transitory computer storage medium of claim 13 , wherein the self-executing contracts is for at least one of buying, selling, or bartering based on the tokens.
15. The non-transitory computer storage medium of claim 13 , wherein the public ledger stores renewable energy certificates.
16. The non-transitory computer storage medium of claim 13 , wherein the operations further comprise assigning a token value to infrastructure costs.
17. The non-transitory computer storage medium of claim 13 , wherein at least one token represents at least one of carbon offset/credits or impact, renewable energy certificates, energy efficiency credit or impact, flexibility or demand response credit or impact.
18. The non-transitory computer storage medium of claim 13 , wherein at least one token represents at least one of energy loss due to transmission, constraint in operation condition, or asset utilization.