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Cryptocurrency: Platforms
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Application US20200005264
Published 2020-01-02
Operating Smart Utility Meters Using Distributed Ledgers
A distributed ledger based utility system architecture may be configured to enable secure payments, data transmission, and meter configuration of smart sensors. The utility system architecture may be a tiered architecture including multiple nodes at different levels of the architecture where each level may contain a different portion of the distributed ledger. As information is added to the distributed ledger, each portion of the distributed ledger may be updated based on whether the information is relevant to that node. The information may include rate contract transactions, meter configuration data transactions, payment transactions, or the like.
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- 1. A method implemented by a broker node, the method comprising:
receiving a transmission from a master node; determining that the transmission indicates an update to a distributed ledger associated with the broker node, the update to the distributed ledger including an activity instruction; based at least in part on receiving the transmission, updating the distributed ledger that is local to the broker node; sending, to a smart utility meter, a transmission indicating an update to the distributed ledger that is local to the broker node.
- 11. A broker node comprising:
at least one processor; and a memory storing instructions that cause the at least one processor to perform operations comprising: receiving a transmission from a master node; determining that the transmission indicates an update to a distributed ledger associated with the broker node, the update to the distributed ledger including an activity instruction; based at least in part on receiving the transmission, updating the distributed ledger that is local to the broker node; sending, to a smart utility meter, a transmission indicating an update to the distributed ledger that is local to the broker node.
