About
A 'Sustainable City' is a cloud of IoT that interacts with each other, creating transactions that need to be paid for. Here, KBC promotes the digitisation and opening up of available data to market new sustainable business models and P2P transactions, based on blockchain infrastructure. A 1st appearance of such a new emerging activity in sustainable cities are EV Charging.
Innovation presentation
Increasing the liveability of cities and municipalities is one of the most ambitious challenges of the 21st century.
Technological breakthroughs will shape the living environment of citizens . Citizens will be central in this process and They should be given a say in the further development of the city and municipality of tomorrow. The ambition of TRES is to steer this process in the right direction. To this end, TRES and its consortium offers a future-proof concept that facilitates the development of e-mobility and 5G applications and services. The replacement of existing lighting solutions in the city creates an opportunity. In addition to LED lighting, the lighting poles can house sensors (IoT) and low-power 5G transmitters that are used for smart control. Thanks to the collection and analysis of the data from the sensors, it will be possible to steer for example in the field of air pollution, traffic flows and water management. Moreover, the lighting poles will also have charging points for electric cars. The ultimate ambition of the consortium is to replace +/- 1.2 mio lampposts in Flanders by 2030. This will generate millions of micro-transactions of the acquisition/sales of smart-city-data and EV charging transactions. FOr the processing and settlement of these transactions, KBC has been selected as trusted party
Uniqueness of the project
Future proof Blockchain technology allows micro-transactions to be processed securely and efficiently The consortium TRES has a strong proposition because it offers an E2E integrated solution of hardware (IoT, 5G, fiber, light). Besides the hardware, services are offered to achieve an efficient ecosystem. KBC's contribution is a powerful transaction and payment processing environment with minimal back-office activities. For such a micro transaction environment Blockchain and EURO tokens as programmable money are well placed and we want to roll-out this innovation. KBC creates euro tokens for the deposited amount in wallets on Blockchain (as fiat cryptocurrency).
