CAN BLOCKCHAIN REVOLUTIONISE THE SMART CITIES?

An interesting viewpoint from Shiv Aggarwal, the CEO of MyEarthId.org, working towards simplifying the process of validation of Human Identity, through the use of a Universal Identity Mechanism, and reducing Identity Thefts and Frauds, through the power of Cryptography Technology. Shiv is a technology entrepreneur and has co-founded many technology companies, providing products and services in niche technology areas. Shiv has been actively working in Blockchain and cryptocurrencies industry for the past four years. He has in-depth knowledge of underlying technologies of Blockchain and cryptocurrencies, and the associated aspects, like Mining, Coin/Tokens launches, Exchanges & Wallets and investments in general. Shiv has more than 14 years of IT Industry experience, having worked with global brands like Bank of America, Cathay Pacific, Lloyds of London, Unilever.

Here is what Shiv has to say about smart cities and why they can make a difference:

Smart Cities are a major revolution focussing on solving the problem of scarcity of resources, caused by the explosion of human population. Smart cities rely on latest technology innovations, to optimise the sourcing and consumption of resources, as well as the provision of essential services, including housing, energy, education and law enforcement. The success of any smart city lies on how well these services are integrated together and incorporated seamlessly into the daily lives of the residents, thereby ensuring efficient utilisation of the given assets and…