Smart cities hand in hand with Blockchain Technology.

Smart cities are based on the fact that traffic, public services and the circulation of documents are fully automated. The concept of intelligent city integrates a large amount of data and the Internet of Things (IoT) to optimize the efficiency of urban processes and services and connect residents.

The basis of how automated systems and infrastructure sensors will coordinate their activities and communicate with each other is currently being tested in Dubai, some cities in China and the United States.

McKinsey analysts predict that by 2020 the number of smart cities will reach 600 worldwide, and 5 years later, almost 60 percent of world GDP will occur in them. Digital technologies could become the engine of economic progress, and the Blockchain, without a doubt, could be one of them.

Seen this way, cars and unmanned trains can run in these cities and control over airspace no longer requires dispatchers. Products do not deteriorate, sellers do not raise prices and medical cards do not disappear. And it is not just about cryptocurrencies or payment services, but about entire cities with all the processes controlled by Blockchain. These are the cities of the future, and they are already being created. Some of them are:

United Arab Emirates: Dubai is now considered one of the most digitally progressive cities in the world. With unmanned trains, automatic sensors, flying taxis, solar panels, and Wi-Fi banks, with everything an avid futurist needs. The Emirates authorities do not stop at what has already been achieved and are actively participating in the execution of most of the innovative ideas, in order to turn the city into the first intelligent megacity based on Blockchain for 2020.

In terms of the number of projects executed, including those where the Blockchain is used by Google, Uber, Amazon, IBM and other giant corporations, Dubai ranks first in the world, thanks to the government’s support of the Smart City Program. The Smart City Program, launched in 2014, consists of the gradual application of more than 545 projects that will change the way residents and visitors of Dubai interact with the city. Local authorities plan to create a digital space without papers in the public and private sectors All the circulation of documents will be done electronically, and the launch of a business will be more simplified for citizens.

In particular, a pilot program is being developed to track, ship and deliver goods imported and exported using Blockchain technology. The main idea of its integration into the city’s foreign trade is to create a single safe and transparent platform. It is projected that the implementation of a Blockchain system in the urban structure will save approximately $ 1.5 billion and 25.1 million man-hours due to the increased efficiency in the processing of documents, which, it is supposed, will leave the government institutions free of queues.

The Blockchain will also be applied in logistics and storage. This will help create a complete system of unmanned intelligent trucks for the transport of products or materials.

Estonia: It would be interesting to know that Blockchain was used in Estonia before becoming a trend, and even before Satoshi Nakamoto invented Bitcoin. They say that the reason for such progress was the cyber attack of 2007, when at one point- the websites of the state services and the government were left offline, because of strong DDoS attacks. This caused Estonia to reconsider its attitude towards data security and come to the use of Blockchain.

Since 2012, books distributed in Estonia have been used in national, judicial, legislative, security and commercial health systems. Technology has already surpassed the field of experimentation and has reached mass adoption. In particular, the Government of Estonia has introduced Blockchain to provide its citizens with access to control their personal data. Because of this, Estonians can control, see and, if necessary, challenge illegal access to their information. In addition, from now on, citizens have the opportunity to check specialist doctors or civil servants who reviewed their health insurance card, or driver’s license. Any official who accesses personal data without permission can be prosecuted.

China: Chinese authorities plan to create 1000 smart cities, where new technologies and collected data should improve the quality of life of each resident, reports Deloitte. In January 2013, the Ministry of Housing and Urban-Rural Development officially announced the first national list of pilot smart cities, referring to this technology as a “sector that should be strengthened and encouraged.” The first city of the future is supposed to be Yinchuan, where they have already abandoned traditional payments. Now, instead of tickets, passes and documents, it is enough to simply show one’s face! And no more exhausting purchases; The products are ordered through a mobile application.

In April 2017, the Wuzhen Think Tank published a white paper on the development of China’s Blockchain industry. At present, the Chinese authorities are actively studying the Blockchain, in terms of more orderly data storage. On April 24, the National Audit Office of China examined the use of technology to solve the problems inherent in the centralized storage infrastructure.

Li Ming, an official working with the Ministry of Industry and Information Technology, has revealed that the Chinese national standard plan for Blockchain has been completed and is about to be publicly announced. However, this is an official recognition of the beginning of a new digital era in China, which gave a big boost to the development of Blockchain technology. And again, as in the case of Estonia, Blockchain has become a solution to the security problem.

United States: Blockchain technology in the United States is not just a tool to operate cryptocurrencies or manage databases. The local authorities recognized the potential of the Blockchain in the provision of public services and launched a series of projects that are currently in different stages of implementation.

The state of Delaware was the first to announce the Delaware Blockchain Initiative in 2016. This extensive program launched by the then governor, Jack Markell, is designed to stimulate the development and use of Blockchain technologies and smart contracts in both the public and private sectors. of the state. But recently, the expectations of Blockchain supporters in Delaware seemed to have faded, as the current administration under Governor John Carney has shown more caution than his predecessor.

The new authorities are slow in the massive adoption of the Blockchain, being more focused on the traditional models of economy and business administration. However, Symbiont CEO Mark Smith, whose Symbiont company partnered with the old administration to move state files to Blockchain, is optimistic about the future adoption of the technology.

West Virginia will launch the pilot mobile version based on Blockchain to carry out voting in the regional elections of 2018. It is assumed that Ethereum-based contracts will solve old problems of citizens; they finally use electricity exactly where it is produced, and, within a day, they can exchange solar energy with neighbors, depending on which side of the street is better lit.

Alibaba Cloud & Waltonchain signed a strategic cooperation agreement aimed at the use of Blockchain technology in the field of smart cities. The results of the partnership are designed to address the problem of scarcity of resources and services, due to the rapidly growing population of the megacity.

Other countries: Other countries have also put a label on the Blockchain globalization map. For example, the German energy company, RWE, is working on the creation of a Ethereum-based network of charging stations for electric vehicles. Drivers will be able to control the loading process through a special application and the Blockchain registry will be responsible for calculating the energy expended, making the payments and identifying the users. Another extravagant idea is to create an opportunity to “load on the fly”, when the electric car is loaded directly during the trip.

The Australian government announced an 8 million dollar donation for a Blockchain project to create “smart utilities”, and the Tokyo Electric Power Company (TEPCO) plans to use this technology to prevent the recurrence of the disaster in 2011, when a leak in the plant of nuclear power Fukushima Daiichi caused considerable widespread disorders.

The life of the metropolis does not stop for a minute, and the launch of new technologies takes time. It may be years before Blockchain, which will interact with IoT, artificial intelligence and the large amount of information, will be integrated to manage urban services and public infrastructures.

However, many countries in the world have already embarked on the path of a digital economy, and very soon we could see qualitative changes in the economic, social and environmental aspects of life, without stacks of paper, giant traffic jams, errors in the documentation and double transactions. Look around; Maybe the city you live in is one of them.


Disclaimer: InfoCoin is not affiliated with any of the companies mentioned in this article and is not responsible for their products and / or services. This press release is for informational purposes information does not constitute investment advice or an offer to invest.

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