The image of modern cities is being seriously altered by the rapid development of information technology. In order to ensure normal urban life, a fundamentally different infrastructure is required using smart networks. Intelligent technology is becoming the foundation for building mega-cities for the future. Most of these tasks are addressed through the Smart City advanced concept. The conceptual idea of a ’smart city‘ is to create adaptive communication networks that are closely integrated into the municipal property management system. New technologies will increase the comfort of urban life and raise the quality of public service delivery to a high level. In addition, smart networks will significantly reduce resources and maintenance costs.

Blockchain-platform developers CREDITS believe that smart cities and smart homes will only benefit from the adoption of a distributed registry technology. By combining sensors, smart contracts and a high level of security in blockchain, the management of mega-cities can significantly improve the quality of life of the population. The predictions of the McKinsey analysis agency show that by the twentieth year there will be at least six hundred cities with intelligent technologies on the planet. By the twenty-fifth year, these urban clusters will provide about 70 percent of GDP. The market for these cities will be about 400 billion a year.

According to the CEO of CREDITS Igor Chugunov, there are several distinctive solutions for Smart City:

Smart buildings.

Sites where information networks and engineering communications are managed in a unified control system. These solutions allow interaction between different service systems. For example, an office building can be heated before the start of the work day, and the air-conditioning capacity will be adjusted to the current temperature in the rooms. The control system will take into account the number of people in the building and assess the quality of the air in order to maintain a comfortable stay. After people leave, the building is automatically introduced in the power-saving mode.

It raises a very important question of data security. Some experts are confident that the distributed registry Technologies (blockchain) will provide a sufficient level of security for storage and exchange of data. For example, blockchain projects such as CREDITS and IOTA offer their development for use on the Internet (IoT). Clearly, the intelligent city will require considerable technical capacity to provide the work of millions of intelligent homes. The most impressive features are the CREDITS platform, whose developers promise to have unprecedented transactional processing speeds of more than 1 million/sec.  If you add smart contracts that automatically perform predefined operations when certain conditions are met, you can actually talk about CREDITS as a blockchain platform for the intelligent city.

Smart Infrastructure.

Intelligent networks will monitor traffic, collect traffic duties, and respond promptly to any incidents. The innovative parking lot is not part of a person’s work. The system calculates the best logistic routes. Cities will be able to release their cryptocurrency, for example, Roadcoin for travel on expressways.

Reasonable consumption.

Innovation in energy and water use. These can be advanced programs that manage energy consumption and technologies related to renewable energies. Water-use control programs and upgraded communication networks to ensure the environmental safety of the system.

In the spring  2017, the first system of intelligent water supply was launched in Shenzhen. The project was implemented by two large Chinese corporations. It introduced more than a thousand intelligent interviewers over the Internet. The system is able to analyze the plumbing patterns and prevent leakage due to emergency situations. This approach improves the efficiency of water consumption.  The demand response system is capable of reducing the power consumption when the loads go to peak values. Each consumer connected to this system can count on special discounts. Technology is applied not only in residential buildings but also in commercial premises.

‚As I travel around the world, I see many examples of the introduction of new digital technologies into the everyday lives of people, which inspires me everyday to develop my own blockchain project CREDITS, says Igor Chugunov.

One such innovative city is Tianjin, the Green city, which has grown today thanks to the efforts of Singapore and China. This agglomeration was deliberately constructed in a contaminated area where access to fresh water sources was lacking.  An entire range of innovative technologies, including cyclical water supply and alternative energy sources, have been used to build the infrastructure. A unique transport network has been set up in the city, which does not provide for traffic on internal combustion engines. The streets have advanced surveillance systems and air metering sensors.

Today, more than seventy thousand people live in eco-grad, and four and a half thousand companies are registered, whose total charter capital is two hundred billion yuan (over $30 billion). The project should be completed by the twentieth year.

Masdar is another known eco-town located in the UAE. The project was launched in 2006. The main idea behind developers is that the city will live with solar energy and other alternative sources that minimize carbon dioxide emissions. The project is currently experiencing difficulties in implementation because the technologies are not yet well developed. At this stage, the authors aim at reducing emissions by 50 per cent. The project stalled for a number of reasons.

As a result of the 2008 crisis, the investment flow declined significantly. In addition, the creators were unable to establish the desired transport system. However, the Government has allocated about twenty-two billion dollars to the project. Construction is now postponed for the thirtieth year.  Today, Masdar is one of the few cities with no traditional cars. There is an automatic electrical transport system. The ground drones were launched in November of the tenth year. The main route has a length of about 1.5 kilometers. In the authors ‚ view, the transport capsules presented are absolutely reliable and safe. Now they can move with a three-second time interval without fear of collision.

Earlier, the Tokyo Electric Grid Company (TEK) said that it intends to use the blockchain to prevent a recurrence of the disaster in 2011, when a leak occurred at the Fukushima Daiichi nuclear power plant.

The concept of Smart City is very attractive both for the creation of new cities, and for integration into existing ones. Many technologies are quite complex in themselves, but they are easy to integrate, they are widely used in projects.

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