In 2018 the private company Blockchains LLC revealed plans to create a city-size innovation park in Nevada - a futuristic city that will run on blockchain technology.
The goal of the project is to build the first distributed collaborative entity which will use numerous initiatives to help the blockchain ecosystem. Everyone will have their voting powers and ownership rights recorded on the blockchain, transparent and resilient to manipulation and tampering. No government or large corporation will be in control or in charge of decision-making. Instead, all decisions regarding the city will be in the hands of its citizens, who will be able to vote on various issues and use cryptocurrencies as a payment method.
One of the goals is to demonstrate that new, world-changing technologies can make it possible for commerce, business development, and residential living to coexist and make life better. Other types of new and innovative technologies will be welcome, if they help to keep the system democratic, honest, and fair. One of the starting points is to build a campus with focus on AI, Nanotechnology, 3D-printing with blockchain as its core. Blockchains LLC has struck an agreement with NV Energy to work together on energy projects powered by blockchain technology. The fourth project in the park includes the first “immersive” content creation studio, which aims to give power back to content creators, and an e-gaming arena.
In March 2020, Blockchains LLC announced that they acquired water rights in Innovation Park, the memorandum of understanding with NV Energy remains in effect, and the two parties are discussing multiple energy and blockchain projects. We are considering raising capital through opportunity zone funds for development in Innovation Park and the smart city.
"The goal of this collaboration is to create technology solutions that will produce customer-centric energy platforms powered by public blockchain."
Blockchains LLC and now also NV Energy
The long-term vision is a smart city built from the ground up. The goal is to create this city where all decision-making will come down to its citizens, and the corporate structure will be held by employees, residents, as well as future investors.
"The goal of this collaboration is to create technology solutions that will produce customer-centric energy platforms powered by public blockchain...” said Berns.
"These types of collaborative efforts, which return the power and control in transactions to the customer, are the very essence of blockchain technology.”
Interview with Jeffrey Berns, CEO Blockchains LLC, in SmartCitiesWorld 2018, by SmartCitiesWorld news team.
Tech trends: Blockchain, Nanotechnology, AI, 3D printing, etc.
Societal trends: Transparency, Smart society, Ecosystem network
This case can be linked to SDG no. 9 - Industry, innovation and infrastructure - due to the strong focus on innovative technology, as well as to no. 16 - Peace justice and strong institutions - as the aim is to create a city where all decision-making will come down to its citizens, and the corporate structure will be held by employees, residents, as well as future investors.
No interview - online information only: