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Scientific Article details

Title The potential of integrating blockchain technology into smart sustainable city development
ID_Doc 42880
Authors Wong, PF; Chia, FC; Kiu, MS; Lou, ECW
Title The potential of integrating blockchain technology into smart sustainable city development
Year 2020
Published
DOI 10.1088/1755-1315/463/1/012020
Abstract The rise of global urbanisation has led to massive pressures on resources such as food, water, infrastructure, and energy demand to support growing populations. It brings adverse impacts on the liveable condition and economic growth of a country if this problem remains unsolved. Smart city is a potential solution to address the challenges of urbanisation by leveraging the technological breakthrough such as internet of things (IoT), Artificial Intelligence (AI), machine learning, big data, and cloud computing to facilitate scarce resources planning and management. With numerous connected devices and vast communication networks, it poses a challenges of security threat which cannot be addressed by the conventional cybersecurity solutions. Blockchain offers a solution in securing the huge numbers of connected devices in smart city network. The application of blockchain technology is leading in the banking and financial industry. However, the uses and implementations in smart city have emerged in recent years. The combination of blockchain technology and smart city has offered a great potential for sustainable development. Thus, it is imperative to discuss the potential of these two elements in making the city safer and sustainable. This paper explores how the blockchain technology application can help in managing smart city and achieve sustainability. The findings revealed that there are five key areas of blockchain application in smart city which are smart governance, smart mobility, smart asset, smart utility and smart logistic. A framework for smart sustainable city with blockchain technology is presented as an outcome of this study. It gives a clear overview for the policy makers and regulators of how blockchain supports within smart city framework. It facilitates the transition towards smart and sustainable cities through the use of blockchain.
Author Keywords
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:000562387100020
WoS Category Green & Sustainable Science & Technology; Energy & Fuels
Research Area Science & Technology - Other Topics; Energy & Fuels
PDF https://doi.org/10.1088/1755-1315/463/1/012020
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