Blockchain

About This Trend
Blockchain has many potential use cases in cities, but these applications are not yet widespread. Records management and community engagement are two core planning activities that can use blockchain, but many blockchain experts and urban planners are finding additional cases where blockchain could help improve planning practices, includingtransportation and governance. For each blockchain application, there are risks and concerns: the economic viability of this technology is still underexplored, blockchain operations consume high levels of energy, it's unclear whether blockchain can be scaled in ways that suit community needs, and security risks are not completely known. Further uses of blockchain in planning are outlined inPAS QuickNotes99, "Blockchain for Planners," and the 2022Planningarticle "Your Guide to NFTs, Cryptocurrency, and the Blockchain.
Trend Updates
Feb. 26, 2024 — Seismic shift in everyday usage
- More people than ever are using this technology and it is now more evident that it will be part of the ongoing landscape...
Feb. 26, 2023 — Federal Regulations spike Demand
- Because of continued interest in this technology and a favorable environment for growth...
Feb. 26, 2021 — Pandemic recalibrates supply
- People are unable to create and devote time to innovating this critical technology now
Trend Category:
Technology
Timeframe: Prepare
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