Blockchain Technology as a Method Based on Organizing Big Data to Build Smart Cities: The Dubai Experience

SALIHA HAFIFI and FETHIA BENHADJ DJILALI MAGRAOUA

Senior Lecturer, Faculty of Economics, Business, and Management Sciences, University ofDjilali Bounaama, Khemis Miliana, Algeria, E-mails: This email address is being protected from spam bots, you need Javascript enabled to view it (S. Hafifi), This email address is being protected from spam bots, you need Javascript enabled to view it (F. B. D. Magraoua)

ABSTRACT

A number of specialists and experts emphasized the importance of keeping abreast of the global development of the use of blockchain technology, which emerged in 2008 and was created as an encrypted series, with various transactions recorded, to be decentralized so that transactions between users are allowed directly without the need for third parties or intermediaries, stressing the need for banks to adopt the Block Qin technology. This Block Qin technology will enhance the performance of banking services and upgrading, and has caused and make a real breakthrough in the world of the digital economy, in addition to sectors such as e-commerce and remittances, smart city infrastructure, real estate, trade, education, health, and other fields.

13.1 INTRODUCTION

The world changes rapidly toward urban development, especially in urban areas. That rapid transition, along with the increasing use of information technology between individuals, companies, and governments, will bring socio-economic transformation in parallel change continually into the digital world.

To continue and prosper, cities must deal with and manage population growth, as well as the challenges associated with safety, traffic, pollution, trade, and economic growth, as well as other aspects. Therefore, city officials should ensure an optimal balance between these requirements and meet the citizens’ needs and requirements.

Cities also have to manage the expectations of their residents, citizens, businesses, and visitors; they aspire to greater transparency and openness from governments, access to sendees, and the ability to communicate with the government and in an effort to ensure the building of sustainable, innovative, and resilient cities. An initiative called blockchain technology was launched in 2008 to help transform its green centers into smart cities that live up to the demand.

 
Source
< Prev   CONTENTS   Source   Next >