Blockchain For Smart City Infrastructure

Report Overview

Author: Alastair Marke
Release Date: February 11, 2019

Abstract:

This case study outlines Dubai’s plans to transform itself into a smart city, enabled by blockchain technology, artificial intelligence, the Internet of Things, and big data analytics. It maps out how Dubai is automating its real estate and utilities management and looks ahead to its use of blockchain for identity management, land registry, and new utilities business models.

Related Content

Toward a Universal Digital Wallet

For cryptocurrencies and other blockchain technologies to scale in adoption as the Internet did, people need more human-friendly ways to use them. We believe that the digital wallet is one such way. Digital wallets are pieces of software that hold digital things of value for us, such as money, ID cards, and documents such as receipts. They enable us to make payments, prove our identities, record and verify our actions and transactions, and aggregrate and manage our cryptoassets such bitcoin, ether, or derivatives of cryptocurrencies. Eventually, we expect them to capture and protect our Internet browsing, online shopping, and other streams of data for us, to own and license as we choose. This research explores the state of the digital wallet, provides a taxonomy for analysis, poses three scenarios for the future, and suggests what enterprise leaders might do to prepare for wallet-driven business opportunities.

Read More

Blockchain Interoperability

This project explains the key interoperability challenges that the blockchain pioneers need to solve. It covers the business and technical foundations of interoperability, namely decisions about user identity (keys and signatures), security of assets (cryptography), notaries of off-chain events (oracles and Byzantine committees), block relays (sidechains and pegs) between a local chain and a foreign one, gateways of communication, and network architecture. It surveys the five major interoperability projects, and it explores the use case of cross-border trade, defining the problem it solves as well as the advantages of the solution it provides. Finally, this project includes an appendix that covers concepts behind interoperability such as atomic swap, practical Byzantine fault tolerance, dogfooding, and Shamir secret sharing.

Read More