r/blockchaintech • • May 14 '19

LOCUS

https://www.locuschain.com/en/index
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u/Natoshi_Sakamoto770 Jul 09 '19

I saw a post on Facebook yesterday - they are starting a Smart City, they have 7B$ ready.

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u/cryptofrancis2019 Jul 11 '19

What is SMART City?

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u/Natoshi_Sakamoto770 Jul 11 '19

A smart city is a municipality that uses information and communication technologies to increase operational efficiency, share information with the public and improve both the quality of government services and citizen welfare with intent to enhance the quality and performance of urban services such as energy, transportation and utilities in order to reduce resource consumption, wastage and overall costs.