Hitachi had four patents in blockchain during Q2 2024. Hitachi Ltd filed a patent for a method to share and analyze information for multi-party workflows in an electrification ecosystem, involving creating shared data schema, data governance rules, and decision logics for stakeholders to optimize decision-making. Another patent focuses on a system for managing and monitoring a natural ecosystem, calculating deviations between management plans and environmental data to determine if data should be stored or outputted based on predetermined thresholds. GlobalData’s report on Hitachi gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Hitachi had no grants in blockchain as a theme in Q2 2024.
Recent Patents
Application: Multi-party business collaboration platform for electrification ecosystems (Patent ID: US20240144129A1)
The patent filed by Hitachi Ltd. describes a method for sharing and analyzing information to support the execution of multi-party workflows in an electrification ecosystem, specifically focusing on battery systems. The method involves creating or updating shared data schema, data governance rules, and decision logics associated with data received from multiple stakeholders, submitting these for approval, receiving the data, and applying the approved schema, rules, and logics to optimize automated decision-making within the workflows. Additionally, the method includes steps for anomaly detection, user alerts, recommended actions, and secure storage of data on a blockchain network for transparency and security.
Furthermore, the patent details the generation of analytics based on shared and private data accessible only to specific parties, emphasizing data accessibility and governance. The method also covers scenarios related to warranty and performance guarantees, as well as end-of-life management of batteries, showcasing a comprehensive approach to decision optimization within the electrification ecosystem. Overall, the patent outlines a systematic process for collaborative data sharing, analysis, and decision-making to enhance the efficiency and effectiveness of multi-party workflows in the context of electrification, particularly focusing on battery systems.
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