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.
Topics: Smart City Solutions Collective Intelligence Transparency Smart City Internet of Things (IoT) Smart Cities Decentralized Governance Democratic Participation Blockchain Data Security Data Control Blockchain Cities IoMob Security Behavioral Change Trust SafetyContinue Reading