Blockchain Technology Application Areas in the Smart City Information Systems

Abstract

By cross-referencing benefits of blockchain technologies and critical issues and weak points of smart city information systems, one may conclude that blockchain systems are just the right solution for smart city information systems. However, this may not be true and applicable generally let alone universally. Traditional information system requires an increased level of security and availability of service when they have to be exposed to the public and used by the tens of thousands of inhabitants within a city. On the other hand, blockchain technologies offer a completely new combination of technologies to solve security and reliability issues as well as the availability of service and failsafe tolerance. The scope of this work is to analyse literature as well as available use cases to detect areas of a successful application for information systems that are using blockchain in the smart city.