[English translation] The role of blockchain and IoT in future smart cities and smart homes

This translated article presents Luxtag, which on the NEM blockchain is delivering the world’s first digital certificate guaranteeing that a product is authentic.Luxtag has disseminated it.

We have reached the fourth industrial revolution, and in that process,smart city andsmart home concept were born. Who would have imagined a day when technology would implement and carry out most of our everyday tasks?

It is no longer a utopia, but an integral system that optimizes technological performance to achieve the best results for citizens and households.The system as a whole enables efficient and sustainable operation. The goals of smart cities and smart homes are the same in terms of operating efficiently and sustainably.

As cities expand, there is a duty to respond to every basic need of people in a sustainable and clean way.


These two concepts implement information and communications technology, connected devices, and smart data storage. The key technologies in this process are blockchain and the Internet of Things (IoT).

Blockchains are digital distributed ledger technologies that provide an effective and secure way to store and share information. A blockchain creates digital blocks containing encrypted data of every action performed on the ledger.

IoT functions as a network of interconnected devices. In general, IoT synchronizes various devices to share information.Blockchain and IoT are the systems that support smart cities and smart homes.

This article discusses in detail the roles of both technologies in this futuristic concept.