Smart Cities News April 2021

Eftpos to power Australian smart cities with blockchain

Australia’s leading point-of-sale technology provider Eftpos Australia has revealed ambitious plans to roll out blockchain-powered autonomous vehicles and smart cities in Australia built using Hedera’s Hashgraph.
In January, Eftpos became Hedera’s 17th governing council member and Australia’s first Hedera node operator. Hedera has been expanding its governing council recently, with Shinhan Bank joining earlier this month, French utility giant Electricite de France onboarding in March, and Standard Bank Group becoming the network’s first African node operator in February.

 Smart city tech critical to post-pandemic recovery

Digital innovation has accelerated significantly despite many industries ground to a halt as a result of the coronavirus pandemic, with its ensuing lockdown restrictions and social distancing requirements. The development of smart cities, in particular, has gained momentum during the past 12 months, with recent research showing the size of the industry is set to double from $410.8 billion in 2020 to $820.7 billion by 2025 as a result. Tech pundits say COVID-19 has emphasised the importance of technologies such as big data, 5G, location-based services, geo-tagging services, beacon technology, and VR/AR. While many have championed the use of these technologies for many years due to the value smart cities can deliver to both local governments and their citizens, others are now recognising the technologies’ potential to lead us out of the coronavirus crisis and initiate a return to something resembling normal.

Cyber-attacks pose threats to smart city technologies

US researchers have asked 76 cybersecurity experts to rank nine different technologies based on a range of different criteria. Emergency alerts, street video surveillance, and smart traffic signals have emerged as among the riskiest smart city technologies in a report by University of California, Berkeley. A report, The Cybersecurity Risks of Smart City Technologies: What Do Experts Think?, Led by an interdisciplinary team of scholars from the university, the report recommends that local officials should consider whether cyber-risks outweigh the potential gains of technology adoption on a case-by-case basis.Other technologies in order of ranking (4th to 9th) were: water consumption tracking; smart tolling; public transit open data; gunshot detection; smart waste or recycling bins; and satellite water leak detection.

Global certification for smart buildings launched by WiredScore

Digital connectivity rating company for real estate, WiredScore, has announced the launch of a new certification for smart buildings aimed at providing clarity, definition and measurement for the growing smart building industry. SmartScore certification was developed in response to increasing demand for guidance around what ‘smart’ really means in relation to commercial buildings, and how it can and should be implemented. The certification provides credibility and certainty to an industry rapidly pursuing digital transformation. By establishing a common standard for smart buildings, SmartScore provides a shared vision for the growing smart building market, which is forecast to be worth USD 180.9 billion by 2025. The SmartScore certification intends to be as complementary as possible, and WiredScore has been working with BREEAM, LEED, RESET and the WELL building standard to create alignment with their certifications. WiredScore conducted extensive work with the WiredScore Smart Council, comprising over 90 tenants, landlords and property professionals from around the world, to develop an intellectual framework for smart buildings. Together, they have helped define what a smart building is in relation to its outcomes – delivering cost efficiency, enabling sustainability, creating an inspiring experience and staying future-proof.