The authorities of the Cambodian capital have decided to build a smart city of 100 hectares in Phnom Penh. The project will be implemented by Singapore-based startup Limestone Network.
A smart blockchain-based city will soon appear in the heart of the Cambodian capital. Its 100-hectares-area will boast residential buildings, office and shopping centers, a school and a large exhibition hall; there will be about 10,000 landlords. The expected daily attendance is 190,000 people.
The project implemented by Limestone Network is based on the blockchain identification system, which creates a digital passport for every visitor to the city. It will be implemented through a special mobile application.
After passing the biometric data check, the user will get access to the mobile wallet enabling him or her to pay for various services. The project will be completed by the beginning of 2022, and Limestone Network plans to draw on this experience when building similar smart cities across Southeast Asia.
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