Smart cities initiatives starts in Dubai, China and the United States
The blockchain technology is the basis for intercommunication sensor tests as well as the coordination of activities and services
Science fiction gave way to reality in the smart cities that are testing Dubai, China and the United States in projects based on blockchain technology with application in communications, automation of services, security, leisure and much more. All this will change the way citizens relate to their environment.
Experts in new technologies bet on efficiency in critical areas such as traffic, protection of personal data in banking, optimization of digital platforms and, of course, boost the economic growth of nations.
Professionals of the firm McKinsey dare to predict that by the year 2020 smart cities could reach 600 worldwide, to reach five years later 60% of world GDP. All this based on technological innovations, particularly blockchain, as an engine of economic progress.
Some of the ambitions pursued by those behind smart cities projects include the development of automated cars and trains, airspace control, price control and minimization of speculation as well as the incorporation of payments in cryptocurrencies.
A concrete example is the Smart City Program implemented in Dubai since 2014 and which includes 545 innovative projects. The authorities seek to create a digital space without paper in the public and private sectors. The United States is committed to smart contracts and blockchain in electoral processes. China, on the other hand, works on blockchain technology to solve problems inherent to the centralized storage infrastructure. These are some of the advances that are paving the way to reach the desired smart cities.
M.Pino
Source: Infocoin
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