Terracuda for smart cities
The future of urban management
Smart city has emerged as a new paradigm to provide high quality facilities to the citizens by dynamically optimizing the city resources. Smart cities can offer finest services for boosting the daily life of citizens on healthcare, transportation, energy consumption, supply chain and education. However, the concept of smart city is still evolving and despite its potential vision, there are proliferating security challenges. Blockchain has the potential to promote the development of smart cities owing to its good properties such as auditability, transparency, immutability and decentralization. We’ll apply blockchain technology to solve the security & privacy issues of smart cities, with the support if Multi-Access Edge Computing (MEC) infrastructure in processing the desired services.
Case Studies
Smart energy
As the need for smart energy has increased, there is an opportunity for blockchain technology to create a more resilient environment for the entire energy industry. The decentralized nature of facilities that generate green energy (e.g., solar energy) corresponds with the ability of blockchain to simplify the process of collecting, validating, and delivering power-capacity data within a power company. use of blockchain produces more reliable and accurate capacity forecasts. These assist governments in the distribution of subsidies and the granting of tax breaks to green energy suppliers
Smart administration & services
The incorporation of blockchain technology carries the potential to widen the scope of public service systems and to create more innovative public service delivery channels. The higher privacy and security levels that blockchain can bring about is well-suited for e-administration. Benefits of blockchain and smart contracts in the automation of public services, such as tax collection, benefits distribution, property and land registries, identity management, regulatory compliance, and management of government records. Thus, resulting in stronger citizen engagement in public management
Smart transportation
The use of blockchain technology for smart mobility allows for the development of innovative and sustainable transport models. use of blockchain-based and IoT-integrated systems offers continuous tracking of passengers and vehicles. This can be a starting point for multiple applications and services based on machine-learning algorithms, for example in designing transportation timetables, in anticipating commuter demand in different parts of the city, and in assigning driver shifts so that transportation requirements, as well as human needs, are simultaneously taken into consideration
Terracuda blockchain infrastructure connects the local community with public administration
Community member have a synchronized copy of the common ledger
Each person has a digital Self-Soverign Identity (SSI) used for personal authentication.
The ecosystem comprises of IoT devices located in different locations, that record and transmit securely real-time data about city environment hosted on Multi-Access Edge Computing (MEC)
Smart city services can be executed on the smart contract between citizens, between public authorities and between citizens and public authorities
Terracuda integrated 5G MECs unlocks new service potentials for smart cities
Value Proposition
Cities interconnect using blockchain vertical services such as mobility, security through a single open, accessible, transversal system to exchange data in real-time
Direct communication
Blockchain makes it possible for governments and public to interact digitally, without the need of intermediaries. Such as speeding up bureaucratic procedures at registries
Data Integrity
Feasible to encrypt a file totally or partially in order to share the part that is of interest, privately, securely and without risk of its being manipulated by 3rd party
Efficient Management
Blockchain allows both the public and city officials to know the origins and destination of each source. They can inquire about how city services are used without compromising privacy