MUMBAI, India, July 7 -- Intellectual Property India has published a patent application (202621056955 A) filed by Virendra Patel on May 05, 2026, for A System And Method For Iot-Based Energy Optimization And Carbon Credit Marketplace Integration.
Inventor includes Virendra Patel.
The application for the patent was published on July 03, 2026, under issue no. 27/2026.
Abstract: Title of Invention A System and Method for IoT-Based Energy Optimization and Carbon Credit Marketplace Integration Abstract A System and Method for IoT-Based Energy Optimization and Carbon Credit Marketplace Integration begins with Microservices-Based System Architecture (100) establishing distributed architecture. The system is deployed through Cloud-Native Deployment Infrastructure (200) and expanded via Horizontal IoT Device Scaling (300) to enable data ingestion. The ingested data is stored through Scalable Time-Series and Long-Term Data Storage (400) for structured persistence and retrieval. Data-Driven Model Training and Edge Optimization (500) performs analytics and optimization, while Security, Compliance, and Auditability (600) ensures secure and compliant operations. Marketplace and Financial Engine Scaling (700) enables carbon trading within Global Multi-Tenant Enablement (800). Company Onboarding (900) and Individual User Onboarding (1000) activate authenticated participation, followed by Carbon Marketplace Interaction (1100). Geo-Location Capture and Verification (1200), Satellite-Based Vegetation Growth and Health Analysis (1300), Physical Field Audit (1400), Automated Carbon Absorption Computation (1500), and Continuous Monitoring and Revalidation Cycle (1600) validate sequestration and enable carbon credit issuance. Figure 1: High-Level System Interaction Overview.
Disclaimer: Curated by HT Syndication.
