Data-driven Economies - Smart Cities pulling close with AI and Blockchain Technology

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One could argue that our cities are already smart in a number of ways, which would be true, but we are gradually moving into a “Sci-fi realm” of smart cities with AI and blockchain technology.

Science fiction to many, would always remain science fiction, but what is taking place will make an entire movie genre(industry) need a new term for their production because how can you call it science fiction when it's already real?

Why should you call a smart humanoid a science fiction when it's real ? Why call flying cars the same? Smart homes are already largely real, so is the name Sci-fi still appropriate to the industry?

I believe the only way to keep that name would be for these production companies to dream up a greater level of science fiction as what's been televised for years is now becoming a reality.

Automation is a powerful development in the works. Whilst there's a lot of focus on self-driving cars when “automation" is mentioned, there's rather a wide range of developments targeted on putting a lot of things on auto-pilot.

It is impressive when we look at how we grow as a society, if death wasn't a reality, truly, what humans would build would be out of this world even though all base components would be of this world.

Dreaming It To Building It

It becomes truer by the day that nothing is evidently impossible to accomplish. Everything is rather limited to time, take that constant out of the equation and there's a lifeline for creatives to build the unthinkable.

Whatever we think or dream up, can be built with time. This has proven to be true from human’s history of developments. So there's no debate that a world where humanoids operate amongst is coming to be, but humanoids are really just basic and limited examples of what is to come.

The quest for automation will bring about a lot of things. Think about just how much already exists in this world and try to flip a switch to turn on automation. The picture in your head at this point should be extremely difficult to read because that's a whole lot to automate, but it's happening, for real.

Efficiency is an ever long drive, we constantly tend to search for something better. You know it's really comical when we say things like “time has made this or that less effective”, no no, time didn't make anything less effective, we did. We built better things and could not deal with the old. We are the very reason the things we build phase out with time to be replaced by what's been improved upon the previous structure.

What Smart Cities Would Look Like

Blockchain tech will be the backbone of smart cities because this is essentially a data-driven economy. The efficiency of what we build will have the quality and availability of the data to thank for.

Some could argue that what's the need of blockchain when it could all be built on state owned servers and all that.

You see, the thing with that is simple - it's centralized, hence, comes with several levels of single point failures.

The distributed design of blockchain tech is essential for building economies on good and smart data.

Let's take a traffic system for example. This traffic system has to be tokenized, meaning that whether a car is running on gas or electricity, it would at the same time be running on virtual gas tokens which are primarily there to control how it moves around.

Think about how each Hive account is limited to a certain number of transactions for a certain number of tokens held as stake. This is essentially there to limit how much data the average account can post to the chain. Now with this, users essentially need to acquire more tokens to perform more transactions.

Now let's come back to our traffic system. Each car is essentially built with a traffic system to regulate it. Of course, there's going to be several other tech running alongside this but the focus for now is the traffic system.

When a car owner wants to step out, the car traffic system(which is AI powered) generally calculates the distance to be traveled, maps all available intersections with traffic lights to be encountered and sends this data to a smart contract that would send back the needed number of virtual gas tokens to power that car.

The AI simply releases the required tokens for the first distance to be traveled before a traffic light is met. If it isn't already obvious, what happens when the car moves is that it spends those virtual gas tokens. By the time the car gets to an intersection, the tokens would be finished, essentially forcing the car to stop.

Of course, there's a lot that would need to have happened first. The state's traffic systems need to be actively passing data to these AI systems to enable them know just when a specific traffic light will turn red in order to calculate the distance and speed at which a car needs to travel to reach a stop right when the light is red.

Now this is just one way to get our dreams of smart cities to become a reality. The benefits of such developments is that it would reduce chances of traffic jams and essentially road accidents.

Posted Using InLeo Alpha