Posted January 7, 2020 in Business Agility & Software Engineering Excellence, Business Technology & Digital Transformation Strategies, Data Analytics & Digital Technologies Cutter Business Technology Journal
Magesh Kasthuri discusses how city administration can use blockchain. He provides various insights into decentralized architecture, including its technology benefits and security implementation. The article highlights a need for self-healing and auto-scaling services within a smart city architecture, which can be achieved by a blockchain network based on HyperLedger Fabric in a cloud environment. Blockchain can make cities more efficient and more resilient and adds greater transparency and security to a city’s digital processes. Applying DLT technologies in smart cities is an opportunity to reshape many aspects of how cities are organized and managed in order to better serve their citizens.