Securing smart cities using blockchain technology
Youngjun Song , Sunghyuck Hong. Based on smart city operational data, it explains the digital twin technologies required to predict outcomes and control according to circumstances through virtual simulations and presents related metaverse technologies. The data infrastructure underlies each area, such as city operations, essential in a smart city. Findings: Therefore, blockchain is used to avoid hacking, data errors, and system failures of the existing centralized management and ensure data integrity and system stability by building a more secure server.
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Content:
- Smart City Ecosystem Using Blockchain Technology
- Blockchain for Smart Cities, Simplified
- Edinburgh Napier University
- How to Protect Smart Cities From Cyber Attacks Using Blockchain
- When a Smart City Is Run on the Blockchain
- Blockchain solutions for Smart Cities
- Systematic literature review on the security challenges of blockchain in IoT-based smart cities
- Smartcities, Blockchain & Digital Economy
- Terbine and Flash Labs Using Blockchain to Secure Smart City Data
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Smart City Ecosystem Using Blockchain Technology
Cryptocurrency mania has been at a fever pitch, with tales of overnight millionaires who invested in Bitcoin or Ethereum or others. But much like the internet IPO boom of the late s that created enormous wealth — until it came crashing down — the underlying technology of cryptocurrencies, blockchain like the web technologies of the late 90s , may well form the basis for a secure, distributed application platform that may be less dominated by a few major players than the internet is today.
I managed to get both smart cities and blockchain into the title of this piece. Bear with me; there are some good concepts here that present an alternative view on the use of blockchain for communities and cities. But if you want to read about how blockchain-based technology might be used to empower cities, read on. The overarching aim of a smart city is to enhance the quality of living for its citizens through smart technology.
One area that Cartwright delved into was the issue of secure digital identity. As he correctly pointed out, the internet was developed without any sense of a provable personal identity. There is really nothing in terms of a digital ID on the internet that is portable and usable across a wide variety of sites and services.
It can be used to prove residency, age, and identity that are backed by a trusted authority. Contrast that to the use of Social Security numbers as a unique identification for way too many purposes, a poor excuse for a universal ID. What does that mean? The premise is that communities towns, cities, and so on can control their own destinies and promote local commerce — as well as keep more of the economic value they generate.
To enable this, Digital Town offers services like Smart Search, Smart Wallet, and Smart Web, so that communities can essentially make their own markets and economies for goods and services, without the fees from the multinational internet services.
In essence, Digital Town want to provide a platform for cities to be their own local Google, Expedia, Amazon, Airbnb, et al, for their citizens. The platform is ambitious, aiming at integrating local search, lodging listings, dining listings, retail listings, job listings, classifieds, transportation options, events, and much more, under the control of the community rather than some internet service. The concept behind this is similar to what draws some people to cryptocurrencies; a technology that presumably lets you control your own destiny by not being controlled by any one large entity.
Blockchain provides the secure, distributed underpinning for peer-to-peer transactions, payments, and identification services and pretty much whatever else you can enable through its smart contracts. From the point of view of a city aiming to benefit its residents, some of what this type of platform enables could be extremely useful. What if the city of Austin, for example, wanted to promote water and energy conservation in the summer months it does today via some incentives and disincentives.
What if the city wanted to develop its own currency for this purpose, which are essentially credits to spend on local dining and entertainment as a reward for meeting certain conservation goals? As a practical matter, competing against that vast array of giant internet businesses is a daunting task, for either a city or Digital Town.
But sometimes those big winners can become unwieldy. Think about former high flyers like MySpace, or the large amount of scammers that have turned people off to Craigslist, creating opportunities for competitors. This site may earn affiliate commissions from the links on this page. Terms of use. This newsletter may contain advertising, deals, or affiliate links.
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Blockchain for Smart Cities, Simplified
Blockchain technology has great potential to radically change our socio-economic systems by guaranteeing secure transactions between untrusted entities, reducing costs, and simplifying many processes. However, employing blockchain techniques in sustainable applications development for smart cities still has some technical challenges and limitations. Blockchain Technologies for Sustainable Development in Smart Cities investigates blockchain-enabled technology for smart city developments and big data applications. This book provides relevant theoretical frameworks and the latest empirical research findings in the area.
Edinburgh Napier University
Owing to their nature, smart cities will collect a crazy amount of data , and sharing this data between IoT and other smart devices inside the smart city will be critical for its success. But, how can we trust the data that is sent between devices. To combat this, Terbine and Flash Labs are teaming up to use blockchain technology to secure smart city data and ensure smart cities run as smoothly as possible. Blockchain technology has long been used as a way to validate identity and reliability of information. The partnership will allow data to pass between municipal and commercial clients with a whole new level of trust and control. Thanks to blockchain technology, the data collected and transmitted will be traceable back to its originating source, making life in a smart city safer and more secure. Terbine specializes in creating applications for smart cities that allow municipal devices to interact with one another, much in the same way we see train dispatchers at large train stations or air traffic controllers. By facilitating the path of data into devices in the smart city, Terbine helps to create smart cities that are incredibly efficient. On the other side of the partnership, Flash Labs has the knowledge and expertise to integrate public blockchains into applications.
How to Protect Smart Cities From Cyber Attacks Using Blockchain
This book provides a comprehensive overview of various aspects of the development of smart cities from a secure, trusted, and reliable data transmission perspective. It presents theoretical concepts and empirical studies, as well as examples of smart city programs and their capacity to create value for citizens. The contributions offer a panorama of the most important aspects of smart city evolution and implementation within various frameworks, such as healthcare, education, and transportation. Comparing current advanced applications and best practices, the book subsequently explores how smart environments and programs could help improve the quality of life in urban spaces and promote cultural and economic development. Springer Professional.
When a Smart City Is Run on the Blockchain
The modern smart city already constitutes a massive web of interconnected technologies, and that web is expected to grow rapidly, with Gartner projecting that 9. This introduction of some of our most sensitive data into the Internet of Things is one of the primary aims of smart cities, which means that securing that data is of the utmost importance. With 1. The blockchain is not only a platform on which the mass of new data derived from smart cities can be safely stored and accessed by those who should have access to it. The chain also may serve as the interoperable platform that gives residents of smart cities greater say in the decisions affecting their hyper-local communities, from budgeting to elections, etc.
Blockchain solutions for Smart Cities
He listed possible — albeit experimental, at this point — uses for blockchain like waste management, managing parking, welfare, land titling and municipal bonds. But blockchain technology is still in its relative infancy, especially in terms of its widespread use. McRoberts said while it is still being tested, cities should be fully aware that it is coming. And while it may seem very futuristic, its wider use will make it easier for city leaders to understand, especially as the private sector flexes its research muscles. Follow Chris Teale on Twitter.
Systematic literature review on the security challenges of blockchain in IoT-based smart cities
About a year ago, the Crown Prince of Dubai announced a plan to secure government documents on the blockchain by , making it the first blockchain-powered city, ever. This technology has the potential to revolutionize the financial sector in the UAE including the GCC as a whole in trade financing, retail , and international remittances. A common problem in trade financing is the issuing of a Letter of Credit LC.
Smartcities, Blockchain & Digital Economy
Blockchain is a promising technology that enables trading in a trustless environment, which means participants need not know or trust the other party, or require intermediaries. It is a transparent data structure that is organized as a chain of blocks and is managed by a network of computers, called miners, running a peer-to-peer P2P protocol. Blockchain was first introduced to support the distributed cryptocurrency Bitcoin application that enables the transfer of electronic cash without the intervention of banks. Since then it has evolved beyond that to support the deployment of more general purpose-distributed applications or what are better known as smart contracts. Amid COVID, many factories and service providers have closed due to public health concerns, which have led to major disruptions in securing certain goods and services due to the centralized dependency model advocated by the supply chain management.
Terbine and Flash Labs Using Blockchain to Secure Smart City Data
This approach is very efficient for some IoT applications such as big data processing problems. However, these architectures promote a centralized data collection and processing approach, which introduces several limitations in terms of supported applications and business models that they enable. The main goal of M-Sec project is to empower IoT stakeholders to develop, deploy and operate novel IoT applications based on a scalable highly decentralized paradigm, which facilitates incentivized peer-to-peer interactions between objects and people. Overall, the M-Sec paradigm will enable the introduction and implementation of specific classes of applications and services that are not efficiently supported by state-of-the-art architectures. The M-Sec project will deliver a set of concrete and added value main results: 1.
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The Blockchain is a machine learning system that can uncover patterns in data. It can also provide solutions to cybersecurity and efficiency issues. By combining this with other technologies such as AI and bots, it will strengthen its power to learn faster and more sufficiently. Cities undertaking digital transformations, especially Dubai which we will learn about later , will be able to address issues related to infrastructure, white-collar crime, cybersecurity, energy consumption, social issues, air pollution, traffic problems, resource consumption and many others.
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