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Noah City: How blockchain makes cities smarter

Bill Gates has a grandiose plan to build a smart city in Arizona. The investment company Belmont Partners owned by the Microsoft founder has already poured $80 million in this large-scale project. The future community will be placed on 25k acres of land near Phoenix and be equipped with all possible advanced technologies such as high-speed networks, independent logistics hubs, and unpiloted transport.

However, Mr. Gates is not the only one in this field. According to the research conducted by the consulting firm McKinsey, there will be 600 smart cities all over the world by 2020. The analysts expect them to generate 60% of the world’s GDP by 2025.

But the question is: what are these cities?

The smart city is a hub where information technologies and the Internet of Things are smoothly integrated with the urban environment. Their main concept is to connect people, information, and communication technologies. The smart city acts as a reliable assistant to its citizens.

Just imagine that high-tech solutions will always inform you when your bus comes, help you to find a free parking lot, turn on street lighting when you need it, call emergency services, warn you about pollution levels, and do other things making your life easier and more convenient. It’s a real dream city, isn’t it?

Combining real and virtual: How a smart city operates

These tech hubs are called to be environmentally friendly, safe, power-consuming, opening wide opportunities, and ensuring as much comfortable life as possible. They are very different from the ordinary cities, being focused on the citizens who are their main driving power. Intellectual information systems allow the local population to be actively involved in the urban living and management.

Besides, the innovative solutions and Internet of Things allow the smart cities to effectively manage water and power supply, control waste, support the citizens’ mobility inside the city, provide reliable communication, protect the environment, enhance security, and offer available digital education and public health services.

The following global factors encourage the development of the new urban era:

- mushroom growth in city population. The McKinsey’s experts expect the cities to add another 2.5 billion people by 2050. Thus, they form almost 70% of the global economy.

- economy. The smart cities are a largely profitable business. According to the consulting company Arup, this industry is projected to become a $400 billion market by 2020.

There can be two ways of how the cutting-edge cities appear. The first one is to build them from the ground up having developed the systems of electric urban transport, water recirculation, and others. One of such projects was launched in Masdar, a suburb of Abu Dhabi, the United Arab Emirates in 2006. It is planned to finish this original and futuristic project by 2030.

The second way is to incorporate smart technologies into the existing cities. Several megalopolises around the world have already successfully tested and put high-tech systems into practice. Copenhagen is one of such examples. EasyPark even named the capital of Denmark the smartest city on the planet. The urban authorities have announced the launch of the City Data Exchange recently. It is an online platform containing public and private information available to the citizens. Besides, the city hall permitted to equip bicycles with special meters measuring pollution levels and signaling about traffic jams.

Creating smart cities: Blockchain changes the game rules

No doubt, existing tech-powered cities already make lives much easier and more comfortable but novel decentralized technology can take it to a totally unprecedented level. Blockchain can automate such processes as workflow, rendering of public services, traffic administration, and optimization of urban systems (light sensors, road cameras, etc.). Blockchain-driven financial management and trade logistics let conduct transparent and trustworthy transactions by removing needless intermediaries.

Inspired with tremendous opportunities provided by blockchain, an ambitious Noah team decided to act as a path breaker and build a City of the Future powered by cutting-edge digital technologies and cryptocurrencies. With this aim in view, the specialists have developed the Noah Project, according to which the Noah City will be erected in Horizon Manila, the future largest Central Business District in the Philippines.

The project team conceives to make the Noah City an ecosystem for merchants, businessmen and simple people where they will be able to utilize cryptocurrency and blockchain technology as a standard means of conducting business, making purchases and simply enjoying all the possible advantages provided by these up-to-date solutions.

The Noah City is expected to welcome its first visitors in 2023. It will be an open hub allowing users to create and develop their own business environment in compliance with their needs and desires. The internal project token, Noah Coin, will help the citizens put their boldest ideas into life, conduct smooth transactions, and get various discounts and cashbacks.

The founders are confident that this crypto hub will gain attention of everyone who wants to keep up to date and enjoy new potentials. Smart cities and technologies are not a plot of sci-fi movies anymore, it becomes the reality. Do you want to ride the wave and expand your borders? Smart times require smart decisions. Join the Noah Project right now!

To learn more about the Noah Project and communicate with the Noah team, join the official Telegram chat, follow the project on Facebook and Twitter. Don’t miss the latest updates!

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