Patent ID: 11962710
Assignee: FARAD TECHNOLOGIES GROUP, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC H  G | IPC G  H

Claim 11:
12. One or more non-transitory, computer-readable media storing instructions that are executable by one or more processors to cause the one or more processors to perform operations, the operations comprising:
receiving, by a meter computing system coupled to a power generation source, an authentication of the meter computing system as a node within a decentralized ledger accessible by a plurality of networked computing devices;
determining a type of the power generation source, wherein the type of the power generation source comprises a renewable power generation source;
determining a predetermined increment of generated power based on the type of the power generation source;
monitoring, by a sensor coupled to the meter computing system, an amount of electrical energy generated by the power generation source over time;
determining when the amount of electrical energy generated by the power generation source reaches the predetermined increment of generated power;
generating a digital unit in response to a current signal indicative of a current flowing from the power generation source through the sensor reaching the predetermined increment of generated power, wherein the digital unit comprises a unique hashed digital signature that includes unit traceability data for verification of energy production by the power generation source;
wherein the digital unit comprises a carbon credit based on the type of the power generation source, the predetermined increment of the generated power, and a carbon offset value indicative of an amount of carbon emissions reduction achieved by the renewable power generation source;
storing the digital unit within the decentralized ledger as a hashed representation of the digital unit based on the unique hashed digital signature associated with the meter computing device and corresponding power generation source;
storing at least a defined portion of the predetermined increment of generated power in an energy storage device coupled to the meter computing system;
resetting the amount of electrical energy monitored by the meter computing system after determining that the predetermined increment of generated power is reached; and
generating another digital unit for storage within the decentralized ledger when the amount of electrical energy generated by the power generation source again reaches the predetermined increment of generated power.