Skip to main content

Dayli Blockchain enters South Korea smart city challenge

Dayli Blockchain is taking part in a smart city challenge to build a solution to help improve parking in the city of Bicheon in South Korea. The Ministry of Land, Infrastructure and Transportation’s (MOLIT) smart city challenge supports collaboration between local governments and private corporations to solve transportation, environmental and other urban issues, and to create new business models. Dayli, Yello Mobile’s smart city solution company, says it will provide a service portal to manage individua
May 9, 2019 Read time: 2 mins

Dayli Blockchain is taking part in a smart city challenge to build a solution to help improve parking in the city of Bicheon in South Korea.

The Ministry of Land, Infrastructure and Transportation’s (MOLIT) smart city challenge supports collaboration between local governments and private corporations to solve transportation, environmental and other urban issues, and to create new business models.

Dayli, Yello Mobile’s smart city solution company, says it will provide a service portal to manage individual services including sharing information about parking lots, information about electric car re-charging spots and valet parking.

Additionally, Dayli plans to share data through a blockchain application programming interface with collaborating companies to promote interaction in areas such as drone control.  

"We will strengthen the security and transparency of each platform through blockchain technology and expand connected services even more," said Dayli's CEO, Namjin Kim. "In the future, we will launch a sustainable smart city solution that can solve various urban issues."

Aside from Dayli, MOLIT selected local governments to participate in the challenge including Daejeon, Incheon, Gwangju, Suwon-Bucheon in Gyeonggi-do, and Changwon, in Gyeongsangnam-do.

UTC

Related Content

  • October 29, 2018
    Urbanova enters partnership to bring smart city solutions to Washington
    Urbanova, telecommunications company Verizon and the city of Spokane, Washington, are collaborating on smart city solutions to tackle congestion and improve parking within the university district. Urbanova is a consortium of researchers and professionals whose stated aim is to make cities more sustainable through technological development. David Condon, mayor of Spokane, says Urbanova and Verizon will share resources around technology applications and data delivery to help achieve smarter infrastructure
  • October 25, 2013
    EU strategic implementation plan to invest in smart cities
    The European Commission (EU) is expected to invest around US$276 million to create smart cities in the next two years. The High Level Group of the European Innovation Partnership (EIP) for Smart Cities and Communities has agreed the Strategic Implementation Plan (SIP) which will serve as the basis for speeding up the deployment of Smart City solutions in Europe. The SIP is drafted by and based on a thorough consultation of representatives from industry, cities, civil society and research including UITP.
  • February 18, 2020
    Q&A: Samuel Johnson, IBTTA
    Samuel Johnson, chief operations officer for the Transportation Corridor Agencies in Orange County, California - and 2020 IBTTA president - talks about his background and career...
  • June 3, 2015
    Smart parking to enable intelligent mobility in global mega cities
    New analysis from Frost & Sullivan, Strategic Analysis of Smart Parking Market in Europe and North America, finds that the smart parking market, including peer-to-peer (P2P), earned revenues of US$7.05 billion in 2014 and estimates this to accelerate up to US$43.084 billion in 2025 at a compound annual growth rate (CAGR) of 17.89 per cent. The parking industry in Europe and North America is rapidly innovating towards ‘smart’. In addition to adopting high-end automation solutions and software for parking