Mingchain Technology Applies for Patent on "Carbon Reduction Incentive Method Based on the Integration of Blockchain and IoT Technology," Promoting a New Green and Environmental Protection Model

Mingchain Technology Applies for Patent on "Carbon Reduction Incentive Method Based on the Integration of Blockchain and IoT Technology," Promoting a New Green and Environmental Protection ModelOn January 16, 2025, the State Intellectual Property Office of China revealed that Mingchain Technology (Shenzhen) Co., Ltd

Mingchain Technology Applies for Patent on "Carbon Reduction Incentive Method Based on the Integration of Blockchain and IoT Technology," Promoting a New Green and Environmental Protection Model

On January 16, 2025, the State Intellectual Property Office of China revealed that Mingchain Technology (Shenzhen) Co., Ltd. applied for a patent titled "A Carbon Reduction Incentive Method Based on the Integration of Blockchain and Internet of Things Technology," with publication number CN119295097A and application date in September 2024. This patent application marks a significant step forward for Mingchain Technology in promoting green environmental protection and introduces new possibilities to the carbon emission management technology field.

This patent belongs to the field of carbon emission management technology. Its core lies in the integration of blockchain and IoT technologies to form a complete carbon reduction incentive mechanism. The patent abstract details the workflow, encompassing five key steps:

S1: Carbon reduction health devices initiate, begin recording user data, and upload encrypted data to a decentralized application (dApp). This step emphasizes data security and privacy protection. Encryption protects user data from leakage and misuse, ensuring personal information security. The use of a dApp further enhances data storage security and reliability, avoiding single points of failure.

S2: User data is quantified to calculate carbon reduction amounts, which are then transmitted to the blockchain. This is the core of the patented technology. By quantifying user data from their use of eco-friendly products, the technology accurately calculates carbon reduction amountscrucial for precise incentives. Transmission to the blockchain provides reliable data support for the subsequent incentive mechanism.

S3: The blockchain tracks and records user health behaviors in real-time. The blockchain's immutability and transparency guarantee the authenticity and integrity of user behavior data. Real-time tracking improves the accuracy of carbon reduction incentives and motivates continued user participation in environmental protection.

S4: User health behaviors undergo authorization and verification. This step ensures fairness and justice in the incentive mechanism. Verification ensures accurate carbon reduction calculations and prevents fraudulent activities. This demonstrates both technological advancement and rigorous application.

S5: The blockchain, via smart contracts, facilitates the exchange and trading of users' acquired carbon reduction digital credits. Smart contracts automate the incentive mechanism. Users earn carbon reduction digital credits for their eco-friendly actions, which can be exchanged and traded according to predefined rules. This incentivizes participation and offers a new operating model for the carbon reduction market.

The innovation lies in the ingenious fusion of blockchain and IoT technologies. Blockchain ensures data security, transparency, and immutability, addressing the low data credibility issue in traditional carbon reduction incentive mechanisms. IoT facilitates convenient and efficient data collection. The combination significantly improves the efficiency and accuracy of carbon emission management.

This technology quantifies carbon reduction contributions from using eco-friendly products, and leverages blockchain's transparency and immutability to ensure data security and credibility. Smart contracts automate the incentive mechanism, encouraging proactive participation in carbon reduction and environmentally friendly behaviors, ultimately fostering a sustainable green ecosystem.

Established in 2018 and located in Shenzhen, Mingchain Technology (Shenzhen) Co., Ltd. primarily engages in software and information technology services. According to Tianyancha data, the company has a registered capital of RMB 11,764,706 and a paid-in capital of RMB 2,676,706. It actively participates in market competition, has invested in two companies, holds two trademarks, seven patents, and six administrative licenses. This demonstrates significant technical capabilities and market experience, providing a solid foundation for the patent's application.

This patent application showcases Mingchain Technology's innovation and commitment to environmental protection. Its successful application can contribute to global carbon reduction efforts and promote a more sustainable future. As the technology matures and its applications expand, it is expected to have a broader impact on green environmental protection. It represents an upgrade and improvement of existing carbon emission management technologies, and a positive exploration of future green development models.

Mingchain Technology's successful patent application serves as a reference for other companies, encouraging greater participation in environmental protection and building a better future. Through technological innovation and industry collaboration, we can better address climate change challenges and contribute to sustainable development. More similar technologies and applications are expected to emerge, fostering the vigorous development of green environmental protection. This will bring about environmental, economic, and social benefits, ultimately leading to a greener and more harmonious society.