IOTA and Smart Cities

The full article was originally published by Markus on Medium. Read the full article here.

A few weeks ago we posted in our blog on following post. To give further attention to this article, we publish it now, a bit overworked, here.

In this article, we will continue our journey into the future with the Smart Cities. In particular, we will discuss the role that IOTA can play in this. public IOTA contacts experts for the respective topics in order to carry out a basic research. We are particularly pleased that we were able to receive guest authors Nina Pfuderer and Lena Papasabbas from the “Zukunftsinstitut”. The guest text of these authors is reproduced in the second half of the text. The “Zukunftsinstitut” was founded in 1998 and decisively shaped trend and future research in Germany from the beginning. Today, the company is considered one of the most influential think tanks in European trend and futures research. Our guest author Lena Papasabbas deals with the transformation of the network society, its people, values and technologies. As a cultural anthropologist she is interested in all facets of our increasingly heterogeneous culture and deals with central development dynamics.

From global perspective, cities are getting bigger. Every 16 months, the population of a city exceeds the ten million mark. This ongoing process of urbanization therefore creates challenges that need to be mastered to ensure a high standard of living. Without intelligent technology, giant cities can turn into monster cities. The challenge is therefore to design the city of the future to be technologically intelligent and networked so that urban living spaces can be cleaner, safer and more stress-free. The cryptocurrency IOTA will be playing a crucial role in the interconnected city of the future.

An opportunity: improving the quality of life for all residents

According to a forecast, no later than 2050, 60 percent of humanity will be living in cities. A whole range of things are desirable to improve the quality of life in a big city. In particular, the gap between poor and rich is often incredibly large in big cities. A city of the future, a smart city, uses smart and connected technologies to simplify our daily lives. They help us to save time, use new forms of mobility and breathe cleaner air. To put it in a nutshell, Smart City technologies are working to improve the overall quality of life for their residents. Less congestion, smart homes and energy efficient use of buildings are just a few of the benefits. All of this is also necessary to guide people out of the poorer outskirts of the city and to make them aware of the Smart City project — because it can only succeed if the inhabitants take advantage of it.

What exactly is a Smart City

In a Smart City, modern technologies from the areas energy/electricity, mobility, urban planning, administration and communication are interconnected in a way as to improve the quality of life for all residents, allowing the city’s sustainability and climate to benefit as well. Interconnected areas require quick data and finance transfer in order to work at their best.

The term “Smart City” is used in a wide sense and cannot be narrowed down to one definition. It originated in the political environment and summarizes the economic, technological and social concepts for a green city that’s worth living in.

Compared to conventional cities, Smart Cities aim to be more efficient, sustainable and progressive. A Smart City approaches problems arising from demographic change and growth, pollution, climate change and shortage of resources with innovative concepts and technologies. Constant interactions between the residents and the surrounding technologies allow human aspects and technology to merge and design a joint infrastructure. New information and communication technologies are employed in order to protect resources, improve the quality of life for every resident and to increase the competitiveness of the city and its economy.

However, not only do technological factors play an important part, social aspects are a crucial matter of interest to a Smart City. Central focus points of a Smart City are the following areas:

  • Mobility and infrastructure
  • Energy efficiency
  • Protection of the environment and resources
  • Economic appeal
  • Resident-friendly administration
  • Residents’ quality of life

Read the full Article

The full article was originally published by Markus on Medium, where people are continuing the conversation by highlighting and responding to this story.

You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More

Did you know?

Buy in without the stress of trying to time the market

when you setup a savings plan. If you haven’t started a plan yet, head to your Bitpanda account to get started!

Purchasing cryptocurrencies comes with a number of risks.
Never invest money that you can't afford to lose.

You can automatically invest

in IOTA with Bitpanda Savings!