Huishengtong Technology in Shenzhen Files Patent for "Blockchain-Based Distributed New Energy Settlement and Control System," Boosting Efficient New Energy Development

Huishengtong Technology in Shenzhen Files Patent for "Blockchain-Based Distributed New Energy Settlement and Control System," Boosting Efficient New Energy DevelopmentOn January 28, 2025, the State Intellectual Property Office of China announced that Shenzhen Huishengtong Technology Co., Ltd

Huishengtong Technology in Shenzhen Files Patent for "Blockchain-Based Distributed New Energy Settlement and Control System," Boosting Efficient New Energy Development

On January 28, 2025, the State Intellectual Property Office of China announced that Shenzhen Huishengtong Technology Co., Ltd. ("Huishengtong") successfully filed a patent for a "Blockchain-Based Distributed New Energy Settlement and Control System," with publication number CN119359489A and an application date of December 2024. This invention marks a significant step forward for Huishengtong in driving efficient development within the new energy industry, offering innovative solutions to long-standing settlement and control challenges.

The patent abstract reveals that this system focuses on new energy operation technology, aiming to build a secure, reliable, and transparent platform for new energy settlement and control. The system utilizes IoT collectors to gather real-time data on new energy generation, energy storage, and user electricity consumption. This data is used to construct a comprehensive network model encompassing new energy production, storage, consumption, and grid nodes. To accurately predict and optimize energy allocation, the system cleverly employs Markov Decision Processes (MDPs) for modeling, defining state space, action space, and reward functions.

Furthermore, the system leverages deep reinforcement learning algorithms to optimize strategies, maximizing long-term rewards and enabling the rational allocation and maximized utilization of energy resources. This algorithm, through learning and analyzing massive datasets, continuously adapts to changing environments and makes optimal decisions, effectively preventing energy waste and improving energy efficiency.

However, the core highlight of this patent lies in its integration of blockchain technology. This technology ensures that the entire process of new energy production, trading, consumption, and settlement is completely and transparently recorded on the chain, guaranteeing data immutability and enhancing system security and reliability. Smart contracts automate transaction settlement, reducing manual intervention, improving transaction efficiency, lowering costs, and avoiding human error.

The incorporation of smart contracts also streamlines and enhances the energy trading process. Participating parties bypass intermediaries, transacting directly through smart contracts, shortening transaction cycles, reducing costs, and improving efficiency. This is crucial for promoting the healthy development of the new energy market.

Founded in 2000, Huishengtong is a high-tech enterprise dedicated to the manufacturing of computers, communication equipment, and other electronic devices. The company has a registered capital of RMB 60.89 million and a paid-in capital of RMB 10.8498 million, with its headquarters located in Shenzhen. According to Tianyancha data, Huishengtong has invested in three companies, participated in 490 bidding projects, holds 11 trademarks and 38 patents, and possesses 17 administrative licenses. This demonstrates Huishengtong's strong technical capabilities and extensive industry experience, laying a solid foundation for its future development.

This patent application represents another demonstration of Huishengtong's technological innovation and its active participation in China's national new energy development strategy. The application of this patented technology will not only significantly improve new energy utilization efficiency and reduce energy costs but also promote the healthy and sustainable development of the new energy industry.

Critically, this patented technology helps address prominent issues facing the new energy sector. For instance, the fluctuating nature of new energy generation poses challenges for traditional power systems, leading to energy waste and system instability. Huishengtong's technology intelligently manages energy production, storage, and consumption to effectively mitigate these fluctuations, enhancing energy utilization efficiency and ensuring stable grid operation.

Moreover, this technology enhances the transparency and security of energy trading. Traditional energy trading often suffers from information asymmetry and high transaction costs, issues effectively addressed by the blockchain's integration, fostering fair market competition.

Huishengtong's "Blockchain-Based Distributed New Energy Settlement and Control System" patent is undoubtedly a significant technological breakthrough in the new energy field. It provides crucial technological support for the industry's development and contributes to a greener, more environmentally friendly, and efficient energy system. With further refinement and application, this technology is expected to have a profound impact on the future of the new energy industry.

The successful patent application also reflects Huishengtong's continuous investment and efforts in technological innovation. The company's strong technical capabilities and extensive industry experience provide a solid foundation for its future growth. Huishengtong is expected to continue its commitment to innovation, contributing more to the development of China's new energy industry. Its success serves as a model for other companies, encouraging greater participation in technological innovation within the new energy sector, jointly promoting healthy development and contributing to the achievement of carbon neutrality goals. The technology's broad application prospects suggest future widespread adoption, providing services to more new energy companies and accelerating industry growth.

This patent holds not only significant economic value but also considerable social significance. It contributes to solving energy problems, promoting sustainable development, reflecting corporate social responsibility, and building a better future.