Internet of Things and Blockchain: The Future of Smart Cities

Internet of Things and Blockchain: The Future of Smart Cities

The first batch of smart cities have been built. Soon, each of us can be called a smart citizen. Life will always change, and many new benefits will appear: smooth and efficient public transportation, reasonable transportation layout, low crime rate, process automation, and better services.

The application of blockchain in data collection privacy protection.

The existing smart city concept includes various devices with sensors to collect data. You can use unmanned vehicles, unmanned aircraft to transport goods, and city cameras for monitoring, automatic traffic lights and other related equipment. This will inevitably collect personal data, which is why it is necessary to prevent data from being accessed by popular third parties.

The collection and storage of personal information is risky to everyone's personal life. Developers must provide end users with transparent data exchange, confidentiality and security policies.

Because of this, blockchain technology provides all participants in the process with the possibility to collect and exchange data with high reliability and security, without the need for a separate central administrator or intermediary.

Blockchain has won the smart city.

There are many urban solutions using blockchain technology in the future. Such as smart contracts. These agreements can be implemented independently if they meet the pre-determined conditions between multiple parties (for example, humans and machines or machines in other intelligent systems). With its security and technical stability, the storage of smart contracts can be completed.

Decentralized storage of data requires a distributed cloud storage system. Blockchain technology can be used to create secure and encrypted cloud simulations to ensure accountability and transparency.

Using blockchain technology, city-level logistics and financial management solutions can improve efficiency and ensure transparency by eliminating unnecessary verification steps.

In a smart city, all devices connected to the Internet of Things network can receive and relay data and execute commands. Provide remote monitoring and adaptive management functions. Due to the use of the blockchain, the data of the city's sensors can be converted into tradable tokens. Imagine a scenario where a parking lot sensor generates information about whether it is occupied. In smart cities, operators who use parking space search services purchase these data. This solution can encourage private companies to invest in sensors and recover the investment in sensor installations 4g lte module.

This is not the only way for blockchain technology to be applied in smart cities. This technology allows the combination of various Internet of Things and robotics services to eliminate the possibility of security violations and ensure that the transaction process is not interrupted.

Related articles:

Physical access control: a key step to ensure smarter future

There are 5 reasons to use the Internet of Things network

How to protect and optimize assets through the Internet of Things and artificial intelligence


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