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Las Vegas is reviewing the potential implementation of Blockchain, a database technology in which information is decentralized and kept in common.
Michael Lee Sherwood, director of innovation and technology in the city, said the city is "exploring with partners to leverage the best applications that will increase productivity and service delivery to our community."
"Try to come to Las Vegas and Blockchain in 2019," he said this week.
Las Vegas is one of the increasingly numerous "countries that flirt with Blockchain", which was also the title of a panel of an "now at CES, where emerging technology experts have urged attendees to focus less on how it works and more on what it will mean.
It's "a brilliant and brilliant thing," said Jason Kelley, general manager of Blockchain Services for IBM, describing it simply as identifying all the nodes of a data supply chain to increase efficiency, verification and transparency.
"The smart cities of the future, the smart governments of the future, will have to move forward and have Blockchain as part of their leadership," said Natalia Olson-Urtecho, who co-founded the consulting firm The Disruptive Factory, where she is the head of strategy and innovation.
Blockchain was presented as an element of the broader smart-city innovation, in which municipalities implement technology in existing infrastructures to improve the daily experience of residents, be it mobility, environmental or other results.
On Wednesday and Thursday, during three separate panels, experts in the smart-city sector expanded the benefits and obstacles of the movement, but concluded that the digitization of urban space was a must in the 21st century.
Las Vegas has entered the fray with its innovation district, which covers a large area of the center and offered as a test environment for public-private partnerships. Earlier this week, it was announced that a six-month pilot program with AT & T and the Ubicquia technology company will create a smart lighting network and reduce energy consumption within the district.
The experts said that access to the infrastructure is in the private sector and that the use of smart cities would require the participation of private entities to make it financially sustainable. Furthermore, municipalities must not ignore traditional infrastructural upgrades as they usually act as a framework for technological links.
In the end, whoever acts first will save most of the money and "differentiate" the market, according to Jay Collins, Citi's vice president of corporate and investment banking.
Sherwood said the city sought to be a leader in new civic technologies because "it fits the spirit of the community".
Contact Shea Johnson at [email protected] or 702-383-0272. Follow @Shea_LVRJ on Twitter.
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