Run the city on the blockchain - smart city on the blockchain

Run the city on the blockchain - smart city on the blockchain

Currently, almost all smart city projects and products run on cloud computing. But I think that in the future, smart cities may run more on blockchain.

There are several reasons.

1. Blockchain can process larger amounts of data more efficiently

Smart cities mean extremely large amounts of data. It is a level of data that humans have never had before. Cloud computing will generate huge costs and waste of computing resources to process such a huge amount of data. After all, many times, data does not need to be processed by a central cloud.

Therefore, no matter from the perspective of data magnitude or more efficient and low-cost processing, the application of blockchain in smart cities will become more and more widespread in the future.

2. Blockchain is more secure

Smart cities mean a huge amount of hardware cooperating with each other. In this regard, cloud computing inherently lacks corresponding security mechanisms, and only blockchain can solve mutual security verification. Please search for "Byzantine Generals Problem".

3. Blockchain can protect personal privacy

Smart city projects based on cloud computing will inevitably result in the centralized storage of a large amount of personal information. Imagine the current problem of Facebook user data being frequently leaked. If a lot of information about smart cities is leaked in the future, it is possible that everything we do and say at every moment, and even every subtle movement and expression, will be seen by everyone.

4. Blockchain allows value to flow efficiently

Smart cities aim to improve the quality of life for everyone and reduce the difficulty of survival for everyone. So how to allow everyone to obtain more wealth has become a very important issue. The blockchain can turn anything and everything into tradable value. Therefore, blockchain has inherent advantages in solving this problem in smart cities.