The +CityxChange Smart City project, which is spearheaded by the city of Trondheim (NO) and Limerick (IE) along with Norwegian University of Science and Technology (NTNU), received the €20 million funding from the European Union’s Horizon 2020 research and innovation programme.
Horizon 2020 is the largest EU Research and Innovation programme which will distribute nearly €80 billion of funding until 2020. It promises breakthroughs, discoveries, and innovation by taking great ideas from the lab to the market. With that in mind, IOTA Foundation, along with 25 other enterprises and organizations, will utilize the funds to develop Smart Cities.
What is a Smart City?
Smart City is envisioned to “use digital technologies to enhance performance and well-being, to reduce costs and resource consumption and to engage more effectively and actively with its citizens.”
Smart modern cities are aiming to empower citizens to participate and provide individualized solutions to the community. Open and experimental collaboration is the foundation stone of one such city. But it is easier said than done, so a new and different type of collaborative habit needs to be devised.
Furthermore, the Smart City is turned to incentivize more non-profit driven accomplishments, as the focus is switched to reward the intangible.
Why IOTA?
“Smart cities is one of the fastest growing cross-sectorial arenas of innovation for IOTA,” said Wilfried Pimenta, Head of Business Development at the IOTA Foundation. “Building on our work and partnerships across mobility, energy or data marketplace, these smart city ecosystems bring it all together,” he explained.
The co-founder of the IOTA Foundation, David Sønstebø seems to be very excited about the project as he stated that “Being able to explore and demonstrate the utility of IOTA within the smart city context in numerous cities across Europe will be incredibly valuable going forward.”
Smart cities is one of the fastest growing cross-sectorial arenas of innovation for IOTA.
The lengthy list of partners, besides IOTA, include ES R&D, Powel AS, University of Limerick, Energy Agency of Plovdiv, Future Analytics Consulting, Research2Market Solutions, ISOCARP, TrønderEnergi Kraft AS, ABB Norway, ATB, AVIS Budget Group, Statkraft Varme AS, ESB Innovation RoI Ltd, ESB Networks, Ove Arup & Partners SAU, FourC AS, R.Kjeldsberg, Smart MPower, Space Engagers, Colaborativa, Officinae Verdi, NHP Eiendom, and GKinetic Energy Ltd.
Trondheim and Limerick will not be the only Smart Cities encompassed by the +CityxChange project. Alba Iulia (RO), Pisek (CZ), Võru (EST), Smolyan (BG), and Sestao (ES) are joining the evolution to reach zero emission and 100% renewable energy usage goal.
This project is not the first of its kind. Barcelona (ES), Cologne (DE), Stockholm (SE), Nottingham (UK), Eindhoven (NL), Manchester (UK), Florence (IT), San Sebastian (ES), Lyon (FR), Munich (DE), Vienna (AT), Lisbon (PT), Milan (IT) and Greater London Authority (UK) are just a few of those who strive to reach the next level of sustainability through similar projects.
Sustainability is the right direction for reaching ecological balance and overall well-being of humankind, and IOTA’s technology can definitely help to carry this unique project in the right direction.
Hi my loved one! I wish to say that this article is amazing, nice written and include almost all vital infos. I would like to see more posts like this .
In these days of austerity plus relative stress about incurring debt, a lot of people balk resistant to the idea of using a credit card to make purchase of merchandise or perhaps pay for a vacation, preferring, instead to rely on this tried as well as trusted method of making transaction – cash. However, if you’ve got the cash there to make the purchase in full, then, paradoxically, that is the best time for you to use the credit cards for several causes.
Aw, this was a really nice post. In concept I wish to put in writing like this moreover – taking time and actual effort to make an excellent article… however what can I say… I procrastinate alot and on no account seem to get something done.
Wow! This can be one particular of the most helpful blogs We’ve ever arrive across on this subject. Basically Excellent. I’m also a specialist in this topic so I can understand your effort.
Probably one of the best articles i have read in long long time. Enjoyed it. Thank you for such nice post.
Je m’appelle Charles Migaud et je suis Consultant SEO à Lille depuis plusieurs années en tant que Freelance et chez l’annonceur. Expert du Référencement Naturel, j’accompagne mes clients pour gagner en visibilité sur Google.
I have seen plenty of useful items on your web-site about computers. However, I’ve the thoughts and opinions that lap tops are still more or less not powerful adequately to be a sensible choice if you usually do things that require a lot of power, for example video editing. But for net surfing, statement processing, and majority of other typical computer functions they are just fine, provided you cannot mind your little friend screen size. Thank you for sharing your ideas.
I gotta favorite this site it seems very beneficial handy
My website: pornocomix.pro
okmark your blog and check again here regularly. I am quite sure I will learn a lot of new stuff right here! Best of luck for the next!
This is really interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your fantastic post. Also, I have shared your site in my social networks!