State Grid Corporation of China Receives Blockchain IoT Data Sharing Patent, Advancing Digital Transformation in the Energy Sector

State Grid Corporation of China Receives Blockchain IoT Data Sharing Patent, Advancing Digital Transformation in the Energy SectorOn January 25, 2025, the State Intellectual Property Office of China announced that State Grid Corporation of China (SGCC) has been granted a patent for a "Secure and Auditable IoT Data Sharing System and Method Based on Blockchain," with the authorization announcement number CN114036539B. The application date was November 2021

State Grid Corporation of China Receives Blockchain IoT Data Sharing Patent, Advancing Digital Transformation in the Energy Sector

On January 25, 2025, the State Intellectual Property Office of China announced that State Grid Corporation of China (SGCC) has been granted a patent for a "Secure and Auditable IoT Data Sharing System and Method Based on Blockchain," with the authorization announcement number CN114036539B. The application date was November 2021. This patent marks a significant advancement in SGCC's efforts to enhance data security and auditability in the energy sector using blockchain technology, further driving the digital transformation of the industry.

Established in 2003 and headquartered in Beijing, SGCC is a large state-owned enterprise primarily engaged in electricity and heat production and supply. Its substantial strength and wide-ranging influence play a crucial role in driving the development of China's national energy strategy. According to Tianyancha data, SGCC boasts a registered capital of RMB 130,452,014.429054 million and a paid-in capital of RMB 82,950,000 million, providing strong financial backing for its technological research and development and innovation.

SGCC's business scope extends far beyond electricity and heat production and supply. Through investments in 74 companies and active participation in over 5,000 bidding and tendering projects, SGCC has built an extensive collaborative network across the energy industry chain, forming a powerful industrial ecosystem. This diversified development strategy not only enhances the company's competitiveness but also provides valuable practical experience and data support for its technological innovation and patent accumulation.

Notably, SGCC has accumulated a considerable intellectual property portfolio. Tianyancha data reveals that the company holds 176 trademarks, 5,000 patents, and 38 administrative licenses. This substantial intellectual property reserve reflects SGCC's strong emphasis on and continuous investment in technological innovation, and underscores its technological leadership in the energy sector. The over 5,000 patents cover various aspects of electricity generation, transmission, distribution, and related technologies, strongly supporting SGCC's continuous technological advancement and innovative development.

The newly granted patent for the "Secure and Auditable IoT Data Sharing System and Method Based on Blockchain" represents another milestone in SGCC's journey of technological innovation. This patent leverages blockchain technology to address the challenges of security and auditability in IoT data sharing. In the energy sector, the secure and reliable sharing and management of vast amounts of data is crucial for ensuring grid stability and efficient energy utilization. The application of blockchain technology effectively enhances data security and transparency, preventing data tampering and leakage, while simultaneously improving the efficiency and accuracy of data auditing.

The application of this patented technology will have a profound impact on SGCC's operational management and digital transformation. By building a secure and reliable data sharing platform, SGCC can better integrate and utilize various data resources, improve operational efficiency, optimize resource allocation, and provide a solid data foundation for smart grid construction. Furthermore, this technology provides valuable insights and references for other energy companies, driving the entire energy industry towards digitalization and intelligence.

As a large state-owned enterprise, SGCC consistently adheres to technological innovation and actively promotes the digital transformation of the energy sector. This blockchain patent not only demonstrates SGCC's strength in technological innovation, but also lays a solid foundation for maintaining its leading position in future competition. In the future, SGCC will continue to increase R&D investment, actively explore new technologies and applications, and contribute to the construction of a clean, low-carbon, safe, and efficient modern energy system. This aligns with the national energy strategy and provides strong impetus for SGCC's sustainable development. We can expect SGCC to continue to introduce more innovative technologies, leading the development of the energy industry, and making greater contributions to national economic development. This patented technology represents a significant step forward in SGCC's digital transformation journey and heralds a future where the energy industry will be safer, more efficient, and more intelligent.