Light Fidelity (LiFi) and Blockchain - Li-Fi Conference 2023 Presentation
LiFi and Blockchain
In today’s article, we will talk at the presentation titled “Light Fidelity (LiFi) and Blockchain”. This was delivered by Roger Williams, CEO / Founder, Mobile Blockchain Solutions.
You can watch the full presentation on the following link:
Below is a summary of the key points we have extracted from Mr Roger Williams' presentation:
1. The presentation explored synergies between LiFi, blockchain, IoT and smart cities.
2. These technologies can revolutionise connectivity, data management and community building.
3. LiFi provides high-speed wireless data transmission using light waves.
4. It offers benefits like enhanced bandwidth, improved security, reduced interference.
5. Blockchain is a digital ledger that stores transaction and data history transparently.
6. IoT interconnects devices to gather and exchange data, enabling remote monitoring and control.
7. Smart cities use technology and data to improve infrastructure, quality of life, sustainability.
8. IoT devices collect data on energy, transit, waste management for smarter cities.
9. Companies could use blockchain for secure and private LiFi network transmission.
10. Filament utilises blockchain for automated, secure interactions between IoT devices.
11. IOTA created a distributed ledger for scalable, tamper-proof IoT infrastructure.
12. Dubai launched blockchain strategy for government efficiency and citizen services.
13. Barcelona implemented blockchain digital ID system for citizen data control.
14. Busan, a city in South Korea have started to use blockchain for administration, transportation, citizen services.
15. Blockchain brings transparency, efficiency, enhanced security to smart city services.
16. LiFi can provide backbone connectivity for IoT devices and blockchain platforms.
17. Integrating technologies creates trust, autonomy and sustainability benefits.
18. Light pollution and interference key challenges faced by widespread LiFi adoption.
19. Blockchain faces challenges like complexity, lack of standards, suitable use cases.
20. Scaling IoT and handling massive data is an implementation challenge.
21. Smart city technology integration requires long-term vision and strategy.
22. Public-private partnerships needed for cohesive smart city development.
23. 5G a key driver expanding IoT and smart city innovation opportunities.
24. LiFi-blockchain ecosystems have immense future potential still being explored.
25. Security, transparency and efficiency gains appeal to governments and citizens.
26. Enhanced user control of data raises adoption among individuals.
27. Collaborative efforts needed to shape cohesive frameworks around new tech.
28. Promoting interoperability and open standards adoption is key.
29. New business models and regulations are required to foster innovation.
30. Technology should aim for inclusiveness and accessibility to wider population.
In summary, the presentation highlighted the immense future potential of emerging technologies like LiFi, blockchain, IoT and smart cities working together, but noted that public-private collaboration is crucial to shape an inclusive innovation ecosystem around them.