Peer-to-Peer Power Trading Profiles With Blockchain Records

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Solution Overview

Problem

Current electric power trade systems lack the flexibility and freedom for users to efficiently manage and trade electric power, as they are limited by traditional grid structures and lack advanced profiling and transaction mechanisms.

Innovation Solution

An electric power trade supporting device that records user profiles, enables the acquisition and provision of electric power profiles, facilitates applications for power supply and demand, and records transactions on a blockchain, allowing users to select and trade electric power based on their needs and preferences.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If traditional grid structures are used for electric power trade, then system stability is maintained, but user freedom and flexibility in selecting power sources and trading conditions are limited

Engineering Contradiction:
Improveuser freedom in selecting power sourcesVSAvoidtrade system structure
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent segments the electric power trade system into independent user profiles that can be individually created, managed, and traded. Each user profile contains specific attributes (power source type, generation capacity, consumption patterns) that can be independently configured and exchanged, enabling users to freely select and trade power sources without restructuring the entire grid system.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The patent introduces an intermediary mechanism in the form of standardized user profiles that mediate between traditional grid structures and user preferences. These profiles act as a buffer layer that translates diverse user requirements into a common format that the existing grid infrastructure can handle, thereby increasing user freedom without requiring fundamental changes to the grid structure.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Ease of operation

If electric power profiles are made publicly available for selection, then user ability to find desired power types is improved, but information management complexity increases

Engineering Contradiction:
Improveuser ability to find and apply for powerVSAvoidprofile management system
Core Design Contradiction:
Ease of operationVSDevice complexity

Solution Approach 1:

The patent transforms complex power trade information into standardized profile parameters with specific attributes (power source type, capacity, location, pricing). By changing the representation format from unstructured data to structured parameters with defined schemas, the system enables easy user search and selection while managing information complexity through parameter standardization and validation rules.

Inventive Principle:
Principle #35Parameter changes

3Reliability

If blockchain is used to record transactions, then transaction security and transparency are improved, but system complexity and computational requirements increase

Engineering Contradiction:
Improvetransaction securityVSAvoidtransaction recording system
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent uses blockchain technology to create immutable copies of transaction records. Each power trade transaction is replicated across distributed nodes, creating a secure, transparent ledger without requiring centralized trust. The copying mechanism ensures transaction integrity while the distributed nature of blockchain prevents single-point failures, enhancing reliability through redundancy rather than through complex centralized control mechanisms.

Inventive Principle:
Principle #26Copying

Data Source

PatentUS20230268736A1Electric power trade supporting device
Publication Date: 2023.08.24 PRIME PLANET ENERGY & SOLUTIONS INC
  • US20230268736A1 patent drawing
  • US20230268736A1 patent drawing
  • US20230268736A1 patent drawing

AI summary

An electric power trade support device is configured to execute the following processes: a process of acquiring an electric power profile; a process of providing the electric power profile to another user; a process of making an application to the user having suppliable electric power to receive supply of the electric power, the application made by the other user; a process of sending, to the user having received the application, a profile of the other user having made the application in the process of making the application; a process of approving, by the user having received the application, the application made by the other user having made the application; and a process of supplying, in response to the process of approving, the electric power of the user having received the application to the user having made the application.