MUMBAI, India, May 29 -- Intellectual Property India has published a patent application (202641061518 A) filed by Sr University, Warangal, Telangana, on May 14, for 'blockchain-based decentralized energy trading and management system for a microgrid.'
Inventor(s) include Dr. Buddhadeva Sahoo.
The application for the patent was published on May 29, under issue no. 22/2026.
According to the abstract released by the Intellectual Property India: "A blockchain-based decentralized energy trading and management system for a microgrid, comprises multiple prosumer and consumer nodes, each node equipped with a meter to monitor and transmit real-time energy production and consumption data, multiple distributed energy resources operatively coupled t...