Blockchain Technology: A Driving Force in Smart Cities Development

Gade, Dipak S.; Aithal, P. S.

doi:10.5281/zenodo.4417905

Cited by 2 publications

(2 citation statements)

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“… Maximizing auditing of Information Systems on a regular basis  Adopting digital transformation practices while dealing with information management processes  Promote and Adopt the cyber security standards IEC 62443 SL1/SL2/SL3/SL4 compliance and certification procedures and policies for Information Management Systems  Develop policies and frameworks ensuring the secure storage and backup for information management systems  Maximize use of the secure communication channels such as HTTPS, SCP, SFTP, etc. while transmitting and receiving the information  Promote and maximize using information security policies  Promote using the latest tools and technologies such as Blockchain, 5G, Big Data, AI, and MLbased solutions to manage the information in the most effective manner Information Management needs to be dealt with key concerns such as information security/privacy, information accessibility by right stakeholders, availability of information and integrity of the communicated information [16]. There are many Smart Information Management Platforms and Software available now a days that are used by Smart Cities to address the key concerns and challenges of Information Management while delivering various Smart Services.…”

Section: Information Managementmentioning

confidence: 99%

ICT and Digital Technology based Solutions for Smart City Challenges and Opportunities

Gade

Aithal

2022

IJAEML

Self Cite

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Purpose: Today's Smart Cities are rapidly evolving with the help of the latest tools and technologies and also due to large investment and priority focus by various countries across the globe. Smart Cities while growing also consider the environmental aspects such as producing lower carbon footprint, lower harmful gas emissions, and lower consumption of power. Abiding by this new paradigm, various Smart Cities started focusing on continuous improvement and innovation in their different services. Many Smart Cities have their own pain points such as traffic congestion, water scarcity, energy deficiency, waste management, poor participation of citizens in city administration, maintenance of complex IT Infrastructure, and so on. Such kind of issues may differ in scale and type but mostly common across geographies. While developing, operating, and maintaining Smart Cities, it is necessary to identify the most pressing and urgent issues that Smart City solutions must tackle on priority. In such cases, high-end technologies and tools can help to focus and eliminate the problems. In this paper, we analysed key challenges faced by Smart Cities during the development, operation, and maintenance related activities of various Smart Services and how these challenges and issues are effectively addressed by some of the key technologies with special attention to ICT and digital technologies. We have also reviewed some selected research papers devoted to Smart Cities challenges ad issues and how these issues are addressed using the latest tools and technologies. Finally, we have also specified the future plans about the discussed technical solutions to undertake its full-fledged implementation and addressing of its some of the limitations. Design/Methodology/Approach: This paper is based on the primary data collected while preparing research papers written by us on Smart Cities and a systematic literature review of existing literature including journal research papers, book chapters, dedicated websites, and white papers. Findings/Result: Smart Cities various operational and development challenges are effectively get addressed using various ICT and digital technologies. Some of the key technologies that played an important role in addressing some of the key concerns of Smart Cities include IoT, AI and ML, Blockchain, Data Analytics, Digital Twin, 5G, and Cloud Computing. Originality/Value: The Information presented in this paper is genuine and original and based on own research, data collected from industry professionals, systematic literature review of existing relevant research papers, and relevant data analysis and findings. Most of the information presented in this paper is derived from our own research papers written on Smart City services and solutions. Paper Type: Technology oriented Research

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Section: Information Managementmentioning

confidence: 99%

ICT and Digital Technology based Solutions for Smart City Challenges and Opportunities

Gade

Aithal

2022

IJAEML

Self Cite

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“…It is thought to be the payment method for the next generation of smart cities because it is widely used and well-known. Blockchain technology can be used in smart cities for many things, like insurance, supply chain management, environmental management, keeping track of medical records, managing identities, and making financial transactions (Gade and Aithal, 2020 ).…”

Section: Introductionmentioning

confidence: 99%

An extended approach to appraise electricity distribution and carbon footprint of bitcoin in a smart city

Sharma

Bamotra

et al. 2023

Front. Big Data

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A nation cannot sustain a highly productive and efficient population without smart cities. Due to their significant reliance on digital technologies, these cities require a high level of cybercrime protection. Cryptocurrencies have gained significant attention due to their secure and reliable infrastructure. The decentralised cryptocurrency operates in a trust-less environment known as the blockchain, where each network participant has a ledger copy of all transactions. Blockchain technology employs a proven consensus mechanism without requiring establishment of a central authority. But the consensus mechanism requires miner to solve a cryptographic problem by generating random hashes until one of them matches the desired one. This procedure is energy-intensive, and when thousands of miners repeat it to verify a single transaction, a substantial amount of electricity is consumed. Moreover, electricity produces a significant amount of carbon footprint. Patch methodology utilises the data of all hashes created per year and the efficiency of mining hardware over a 10-year period to calculate the Bitcoins energy consumption. Due to a large number of unknown and uncertain factors involved, it is difficult to precisely calculate a single value for electricity consumption and carbon footprint as reported by Patch methodology. The proposed method extends the Patch methodology by adding a maximum and minimum limit to the hardware efficiency as well as the sources of power generation, which can help refine estimates of electricity consumption and carbon emissions for a more accurate picture. Using the proposed methodology, it was estimated that Bitcoin consumed between 38.495 and 120.72 terawatt hours of electricity in 2021 and released between 2.12 and 45.37 million metric tonnes of carbon dioxide. To address the issue of excessive energy consumption and carbon emissions, a significant number of individual miners and mining pools are relocating to energy-intensive regions, such as aluminium mining sites that rely on hydroelectricity for energy generation.

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Blockchain Technology: A Driving Force in Smart Cities Development

Cited by 2 publications

References 0 publications

ICT and Digital Technology based Solutions for Smart City Challenges and Opportunities

ICT and Digital Technology based Solutions for Smart City Challenges and Opportunities

An extended approach to appraise electricity distribution and carbon footprint of bitcoin in a smart city

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