Topic: blockchain

In a 2018 report completed by the Eden Strategy Institute, 12 of the globe’s 20 smartest cities were located in the USA. Founded upon a spirit of innovation, it is perhaps no surprise that many of the country’s smart cities are so high-ranking, providing inspiration to other cities all over the world. Following our exploration of 4 up-and-coming North American Smart Cities in Part 1, we’ve chosen to take a brief look at 4 of the most prominent smart cities in the country in Part 2. From 2018’s highest ranking smart city worldwide, New York, to its start-up hub, San Francisco, we’ll take you through some of the smartest initiatives the US has to offer.

Bob Bennett, the former Chief Innovation Officer (CIO) of Kansas City talked in our Smart City Leader Interview Series - while he still was the CIO of Kansas City - about the importance of smart cities and smart citizens. He emphasized the role of technology and the benefits for citizens.

Rob van Gijzel, the former Mayor of Eindhoven and current Chairman of the Intelligent Community Forum (ICF) Foundation in New York and National Ambassador for the Blockchain Cities Coalition speaks about the importance of smart cities and smart citizens.

The importance of smart cities & smart citizens: In our interview series, smart city leaders comment on the future of smart cities, the role of technology, and the benefits for citizens. In our second interview of the series, we have asked urban strategist and smart city expert Boyd Cohen to share his expertise, thoughts and insights with us on a number of important smart city topics.

What does it take to turn a national bureaucracy into a smart government? It’s not too often a country is given a clean slate from which to start. But for Estonia, a small nation on the Baltic Sea, that is exactly what happened.

A combination of pragmatism and instinct led Estonia to develop an e-government in the 1990s, soon after the country regained its independence from the Soviet Union. The Estonians didn’t pursue a digital future because they thought it would be cool or trendy. They followed their common sense, which told them it would be better to expend their limited resources on servers and networks, rather than on grand buildings and government palaces.

As we discussed in our previous article (Blockchain: The Next Frontier of Smart Cities - Part 1), blockchain has the potential to transform our communities, making the places we call home more collaborative, democratic and sustainable places. It is no surprise then, that a whole bunch of cities - from Santiago de Chile, Toronto, Tel Aviv, Oslo, and Milan, to London, and Stockholm - are already developing blockchain-based projects. Dubai is going even further, aiming to become the world’s first fully ‘blockchain-powered city’ by 2020. Lofty ideals aside, as we examined in part 1, blockchain does actually seem to offer some concrete benefits for communities, as we shall see below.

Blockchain is a hot topic. Until very recently, it was associated almost exclusively with cryptocurrency - bitcoin, ethereum etc. However, the power of blockchain to revolutionize the way we exchange goods and services, and transform how we govern - above and beyond the cryptocurrency hype - is increasingly being recognized. When it comes to cities, the transformative potential of this technology is enormous. From enabling P2P energy-sharing systems, as in New York’s ‘Transactive Grid’, which allows local residents to generate, buy and sell their own solar energy, to encouraging behavioral change - for instance through SocialCoin’s blockchain and AI-based ‘social good’ currency (see e.g. the Citibeats solution) - and much more - blockchain is offering new opportunities to create more economically, environmentally and socially sustainable communities. As such, blockchain is likely to be an increasingly central enabler of smart city innovation worldwide. In this article, we will explore the potential benefits of blockchain in an urban context.