Blockchain & Smart Cities
Government Services
The use of smart contracts in and between governmental departments could automate bureaucratic processes, from granting identities and licenses to managing resources such as water, energy, and waste.
Transportation and Mobility
Blockchain has the potential to replace outdated legacy systems in the public transit sector, more effectively tracking fleets for maintenance and safety concerns, as well as issuing alerts and usage reports. On the consumer side, it also opens up the possibility of a more efficient and user-friendly ticketing system between different modes of transport.
Real Estate Management
Smart City real estate is tracked on a digital ledger that hosts information on all of the city’s properties, including ownership and land rights, utility usage, property tax assessment, and utilities details. This would provide both the city and the owner with a secured source of information for administering services, as well as a platform to manage transactions.
