Having worked for more than 5 years on Blockchain solutions and products with my company Datarella, it makes me feel quite confident that either Blockchain is one of the most disrupting technologies of our times and that Datarella has done a tremendous job in developing that space. At the center of our work always have been practical benefits for clients and partners. With our latest project M‑ZONE, we are moving forward to an economically and environmentally beneficial decentralized smart city infrastructure solution.
In partnership with Fetch.ai, a Cambridge-based artificial intelligence lab, we today announced the launch of M‑ZONE, a smart city zoning infrastructure trial in Munich. Using AI-powered software agents to optimize resource usage and reduce the city’s carbon footprint, we predict the mass implementation of smart city infrastructure will result in 34,000t annual CO2 emission reduction.
Landlords and the City Council are interested in optimizing the parking space management to allow for available parking for all corporate tenants employees while organizing the traffic flow and preventing commuter traffic jams. Our system incentivizes community use of public transport through a tokenized incentive system while reducing the congestion that accounts for a great deal of Munich’s CO2 emissions.
Multiple Benefits for Stakeholders
- Individual commuters and drivers save time, money, and reduce driver stress.
- Property owners will get simplified approvals for new development projects.
- Tenants can lower their rents through dynamic parking spot sharing.
- The city council can optimize traffic flows.
- The environment benefits from saved CO2 emissions
M‑ZONE users are incentivized to reduce their number of car trips to the “Blockchain Building Connex” and adjacent corporate buildings through a reward system, measured by the utilization of parking spaces. Each registered user who is a regular car park user will be rewarded with a certain amount of tokens per minute for not parking at the parking lot. As soon as a car (or its related wallet address) is registered as ‘parked’ by the parking agent, the token flow to this wallet stops.
A Massive Reduction Of CO2 Emissions
Assuming a 10% reduction in car usage across Munich alone, the city would see a 34.000 tonnes annual CO2 emission reduction. Scaled up to cover all of Germany, which equates to 1.7 million tonnes CO2 reduction annually. This smart city solution can penetrate huge markets simply by tapping into wasted data and utilizing it efficiently.
Users are incentivized to reduce their number of car trips to the Connex and adjacent corporate offices through a reward system, measured by the utilization of parking spaces. Each registered user who is a regular car park user will be rewarded with a certain amount of tokens per minute for not parking at the parking lot. As soon as a car or its related wallet address is registered as parked by the Carpark AEA, the token airdrops to this wallet stop/slow. The number of tokens rewarded per wallet and minute depends on the current utilization of the parking lot.
Open, Decentralized, Self-Sovereign
In contrast to other smart parking projects, M‑ZONE is an open-sourced, decentralized smart city infrastructure project that values the individual by implementing a self-sovereign identity (SSI) framework. Besides the general openness of the used code that enables other developers to use it and build their applications on top of it, M‑ZONE uses our partner Fetch.ai’s public blockchain technology. In combination with Fetch.ai’s Autonomous Economic Agents (AEA), M‑ZONE is made to be implemented worldwide. The underlying Self-Sovereign Identity (SSI) framework, which will be implemented in the next phase, allows for a completely non-proprietary, privacy-focused system that provides the individual with full control over her identity.
A Promising Collaborative Approach
The latter aspect contradicts enterprises’ traditional assumption that user data could be used freely and exploited. We at Datarella and Fetch.ai think that the individual should be in full control of who uses her data and for what purposes. We know that many incumbents are still attached to the legacy, platform, or ‘dirigiste’ thinking. However, there are also large enterprises that share our beliefs and are moving towards self-sovereignty. We think that M‑ZONE can serve as a good example for strengthening the individual perspective, and we have reasons to believe that we will be joined by like-minded partners soon.