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At the recent Blockchain LIVE 2019 hosted annually in London, I had the pleasure of giving a talk on Next Generation Infrastructure: Building a Future for Smart Cities. What exactly is a “smart city?” The term refers to an overall blueprint for city designs of the future. Already half the world’s population lives in a city, which is expected to grow to sixty-five percent in the next five years. Tackling that growth takes more than just simple urban planning. The goal of smart cities is to incorporate technology as an infrastructure to alleviate many of these complexities. Green energy, forms of transportation, water and pollution management, universal identification (ID), wireless Internet systems, and promotion of local commerce are examples of current of smart city initiatives.

The current technology needs of smart cities are served by what is called the “Internet of Things,” a term used to describe an overall network of devices with embedded unique identifiers. Example use cases for these devices include payment for items, and traffic management. In London, a traffic management system known as SCOOT optimises green light time at traffic intersections by feeding back magnetometer and inductive loop data to a supercomputer, which can coordinate traffic lights across the city to improve

https://www.forbes.com/sites/chrissamcfarlane/2019/10/18/are-smart-cities-the-pathway-to-blockchain-and-cryptocurrency-adoption/#4e852f2b4609
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