Systems and methods for tokenization, management, trading, settlement, and retirement of renewable energy attributes
Abstract
Systems and methods for tokenization, management, trading, settlement, and retirement of renewable energy attributes are disclosed. In one embodiment, in an information processing apparatus comprising at least one computer processor, a method for tokenization, management, trading, settlement, and retirement of renewable energy attributes may include: (1) identifying renewable energy generation data associated with a seller to tokenize; (2) generating at least one renewable energy token for the identified renewable energy generation data; (3) writing the renewable energy token to a first distributed ledger; (4) adding the renewable energy token to a digital wallet for the seller; (5) exchanging the renewable energy token for a cash token owned by a buyer by associating the renewable energy token with the buyer and associating the cash token with the seller on the first distributed ledger; and (6) retiring the renewable energy token.
Claims
exact text as granted — not AI-modified1 . A method for tokenization, management, trading, settlement, and retirement of renewable energy attributes comprising:
identifying, by a computer program executed by an electronic device, renewable energy generation data associated with a seller to tokenize; generating, by the computer program, at least one renewable energy token for the identified renewable energy generation data; writing, by the computer program, the renewable energy token to a first distributed ledger; adding, by the computer program, the renewable energy token to a digital wallet for the seller, wherein the first distributed ledger is configured to verify the renewable energy token by determining that the renewable energy token is not on a list of retired renewable energy tokens; in response to the verification, exchanging, by the computer program, the renewable energy token for a cash token owned by a buyer by associating the renewable energy token with the buyer and associating the cash token with the seller on the first distributed ledger; and retiring, by the computer program, the renewable energy token.
2 . The method of claim 1 , wherein the renewable energy token is generated for a fixed amount of generated renewable energy.
3 . The method of claim 1 , wherein the renewable energy token is generated for a variable amount of generated renewable energy.
4 . The method of claim 1 , wherein the renewable energy generation data is written to a second distributed ledger.
5 . The method of claim 4 , wherein the first distributed ledger and the second distributed ledger are the same.
6 . The method of claim 1 , wherein the step of retiring the renewable energy token comprises adding the renewable energy token to a list of retired renewable energy tokens, or removing the renewable energy token from a list of active renewable energy tokens.
7 . The method of claim 1 , wherein the step of retiring the renewable energy token comprises writing the expiration of the renewable energy token to the first distributed ledger.
8 . The method of claim 1 , wherein the step of exchanging the renewable energy token for a cash token owned by a buyer by associating the renewable energy token with the buyer and associating the cash token with the seller on the first distributed ledger comprises verifying that the renewable energy token and the cash token are valid.
9 - 16 . (canceled)
17 . A non-transitory computer readable storage medium, including instructions stored thereon, which when read and executed by one or more computer processors, cause the one or more computer processors to perform steps comprising:
identifying renewable energy generation data associated with a seller to tokenize; generating at least one renewable energy token for the identified renewable energy generation data; writing the renewable energy token to a first distributed ledger; adding the renewable energy token to a digital wallet for the seller, wherein the first distributed ledger is configured to verify the renewable energy token by determining that the renewable energy token is not on a list of retired renewable energy tokens; in response to the verification, exchanging the renewable energy token for a cash token owned by a buyer by associating the renewable energy token with the buyer and associating the cash token with the seller on the first distributed ledger; and retiring the renewable energy token.
18 . The non-transitory computer readable storage medium of claim 17 , wherein the renewable energy token is generated for a variable amount of generated renewable energy.
19 . The non-transitory computer readable storage medium of claim 17 , wherein the renewable energy generation data is written to a second distributed ledger.
20 . The non-transitory computer readable storage medium of claim 19 , wherein the first distributed ledger and the second distributed ledger are the same.
21 . The non-transitory computer readable storage medium of claim 17 , wherein the renewable energy token is retired by adding the renewable energy token to a list of retired renewable energy tokens, or removing the renewable energy token from a list of active renewable energy tokens.
22 . The non-transitory computer readable storage medium of claim 17 , the renewable energy token is exchanged for a cash token owned by a buyer by associating the renewable energy token with the buyer and associating the cash token with the seller on the first distributed ledger by verifying that the renewable energy token and the cash token are valid.Join the waitlist — get patent alerts
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