Blockchain: The Future of Smart City Development

Abstract

As cities around the world are growing at an unprecedented rate, there is a pressing need for smarter, more sustainable, and efficient urban infrastructure. In recent years, blockchain technology has emerged as a potential solution for various challenges faced by smart cities. Blockchain's unique features such as decentralization, immutability, and transparency offer new opportunities for secure and efficient management of city systems. This paper explores the potential of blockchain technology in smart city development, highlighting its applications in areas such as energy management, transportation, governance, and public services. By analyzing various use cases and examples, the paper demonstrates how blockchain can enhance the reliability, efficiency, and transparency of smart city infrastructure. Additionally, the paper discusses the challenges and limitations of blockchain adoption in smart cities and suggests potential solutions for overcoming these obstacles. Overall, this paper argues that blockchain technology has the potential to transform the future of smart city development, enabling cities to become more resilient, sustainable, and citizen-centric