Applications of blockchain might be related to healthcare and commercial sector. Need of such application is growing in smart cities. It has been observed that its implication are quite complex. The goal of the blockchain technology is to make it possible to store and distribute digital data without the risk of it being altered in transit. A blockchain provides the basis for immutable ledgers or transaction records that cannot be edited, erased, or destroyed. The term “blockchain” is often used to refer to DLT. Hashing is a sophisticated procedure that cannot be modified or reversed. When it comes to data security, it's all about safeguarding your information against unwanted access and corruption at every stage of its lifespan. Encryption, hashing, tokenization, and key management methods are all part of the data security process. The term “identity and access management” refers to all of the methods and technologies used inside a business to identify, authenticate, and authorize users to access services and systems within that business or other associated businesses.
There are two methods for cities to become “smart cities” in the Netherlands: one puts commercial models ahead of information architecture, while the other goes in the other direction. With regard to service improvement, resource allocations, and the sustainability of business expansion, the authors selected two cities to explore the fundamental distinctions between these two methods. While the second instance began with the creation of a system which acted as a technological framework to make alterations in commercial processes, the initial instance concentrated on producing marketing benefits via the utilization of technology by upgrading current resources and/or delivering newer ones. With additional innovative services made accessible to the general public, the authors discovered that the initial scenario increased company value more quickly. The second scenario, in comparison, required more resources and moved more slowly toward providing newer resources to the broader public, but the services were far better and more long-lasting.
The global market condition and strategies of the organizations have been changing rapidly to coup the fluctuating circumstances of the business world. These change are being taken place due to the satirical movement or the rapid innovation in almost every sector of the businesses regardless of the size and market capitalization of the businesses. Therefore, it is very necessary for the corporate houses to amalgamate the such technological advancement that have capabilities to meet the current demand of organization to improve the working conditions. The solution of this has stopped at the implementation of the IT based technology or the upgrade the existing technologies with the help of the IT. Thus, outcome of this has emerged as the integration of the knowledge management with the IT and this will assist the managers to reduces the production input, and at the same time increase the productivity and net profit to the organization and even, make the business management easy than ever. This new implementation has been studies in this paper with the implementation of the Knowledge Management System (KMS).
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