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Valladolid promotes activities related to blockchain and data economy

July 27, 2020

On July 24th it was announced that Valladolid Mayor Óscar Puente, along with Red Alastria and Data Economy Spain representatives, signed a general blockchain action log and data economy.

The Memorandum of Understanding will enable the City Council, nonprofits, data economy and Red Alastria. Promotion of activities related to blockchain, DLT and data management in the Spanish city.

With this protocol The city council hopes to promote Industry 4.0 as part of the economic activities that take place as part of the so-called fourth industrial revolution. This also includes disruptive technologies such as artificial intelligence, big data, cloud computing and the Internet of Things “IoT”.

Valladolid promotes activities related to blockchain and data economyValladolid promotes activities related to blockchain and data economy

The announcement will accelerate the smart city strategy Improving citizens’ quality of life as part of the challenges of urban change in the 21st century.

With this in mind, the signed protocol was formalized by the Ministry of Innovation, Economic Development, Employment and Trade of the local consistory, which has extensive experience in this type of activity with renowned smart city projects such as Remourban, Urban Green and S2City.

In his speech, Mayor Puente pointed out that the pandemic crisis has “Forced to plan the city’s economic activity ahead and take steps to accelerate economic recovery through smart and sustainable growth.”

“What is provided in this protocol is what we have been working on since the beginning of the year. Now it is becoming a duty: promoting the digital economy, Industry 4.0, through technological factors linked to data such as big data and analytics of data “Internet of Things, digital platforms, artificial intelligence, cybersecurity or blockchain, terms that are increasingly used in the economy and on which we want to align the goal of the” intelligent city “to improve services for citizens”, Puente pointed out the Diario de Valladolid.

Valladolid thrives with 4.0 technologies

The city of Valladolid has done an outstanding job last year to officially introduce disruptive technologies such as blockchain on its territory.

In April 2019, the Valladolid Chamber of Commerce announced at the meetings of the International Telecommunication Union “ITU”, a responsible organization of the United Nations, the initiatives to develop Industry 4.0 to regulate the international telecommunications organized by Alastria between administrators and operators.

After a little over a year, the fruits appear to be at least at the level of institutional support from the official bodies responsible for managing city ordinances and laws, with the city council at the forefront focusing on supporting activities related to Blockchain and other 4.0 technologies.

There are many countries and cities in general that deal with the so-called industrial revolution 4.0 and focus on implementing disruptive technologies such as blockchain to build their “smart cities” calls.

We recently watched Chile publish a Roadmap 4.0 for the mining industry in the South American country, whose main source of income, including the blockchain within its green mining module, is to identify new assets.

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