Blockchains LLC, an innovative and ambitious blockchain company, has announced plans to build an entire smart city utopia in the middle of the Nevada desert. The city will be the first smart city built from scratch with blockchain technology at its core.
This visionary idea was announced by Blockchains LLC Jeffrey Berns at DevCon 4, the world’s biggest Ethereum-focused gathering of blockchain applications and platform developers.
Berns has visionary plans for the city to be fully functional, with the inclusions of homes, apartments, markets, schools, a college campus, an esports gaming arena, and even a bank.
During Berns speech, he admittedly mentioned that he despises banks so much so that he bought one himself. Berns’ bank will be using blockchain technology to make it the most “customer friendly” bank in the world.
Not only will the smart city implement the use of blockchain technology at its foundation, it will incorporate 3 other key technologies: artificial intelligence (AI), nano technology, and 3D printing. He also pointed out that the city will become an incubator for the research of sustainable energy, clean water, and more.
To back this last point up, Berns mentioned a partnership with NV Energy, Nevada’s public electricity utility company. This energy partnership will see that customers are put in control of energy creation, consumption, storage, and transactions through the use of blockchain technology.
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