Smart Cities Applications of Blockchain

  • Joe Moorman
  • Michael Stricklen


Blockchain technology has grown tremendously in popularity since cryptocurrencies proved its scalable adoption. The underlying construct of a fully decentralized, distributed ledger has significant implications for Smart City use cases. This article posits applications of blockchains in these smart city environments and discusses some of the benefits and the costs incurred when delivering enabling capabilities for these future realities. We begin with a brief technical description of blockchain, and its history in cryptocurrencies and smart contracts. Following this introduction, the reader will delve into the benefits of applying blockchain technology to areas which include smart microgrids for next generation power distribution and future ridesharing markets enabled by autonomous vehicles. Finally, the article considers the impact of disruption to existing means for providing these services, and some of the societal benefits that could be realized after these capabilities are generally available.


Blockchain Cryptocurrency Bitcoin Smart contracts Microgrid Distributed ledger Distributed mobility service Autonomous vehicles Ridesharing Renewable energy Distributed generation Photovoltaic Electric vehicles Solar energy Electric grid 


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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Joe Moorman
    • 1
  • Michael Stricklen
    • 2
  1. 1.Myriad GeneticsAustinUSA
  2. 2.EY ParthenonDerryUSA

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