Smart City Gnosys

Smart city article details

Title	Smart Contracts In Smart Cities: Application Of Blockchain Technology
ID_Doc	50712
Authors	Johari R.; Gupta K.; Parihar A.S.
Year	2021
Published	Advances in Science, Technology and Innovation
DOI	http://dx.doi.org/10.1007/978-3-030-66218-9_42
Abstract	Over the recent years, blockchain has emerged as an area of great interest with its applications in multiple domains like financial, technology, security, education, and many more. In addition to these, it also has a great potential to be used in many other areas and it is accompanied by other modern technologies like IoT, cloud computing, etc. In this time of global urbanization, a huge influx of people could be seen in the urban settings in pursuit of better career opportunities, health and education services and better standard of living. This has also tremendously increased the resource demands managing which could be a herculean task. A smart city could be considered as a modern digitized city which integrates the latest ICTs along with existing infrastructure to maximize the optimization of resource utilization to provide better quality of living with security and transparency. This paper aims to explore the potential and contribution of blockchain technology in smart cities along with IoT and provide a novel solution for easy and automated consumer utility payments based on smart contracts. © 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.
Author Keywords	Blockchain; IoT; Smart cities; Smart contracts; Utility payments

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