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Why Smarter Planet Concept Is Important To Society

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Why smarter planet concept is important to society as a whole
Smarter Bank
The smarter bank concept is important to society as a whole because banks are able to decide if they want to offer someone a mortgage by looking at their profile. For example they would view income statements of the person to see if they would be able to pay the monthly payments and if they don’t meet the standards, the bank wouldn’t give them the mortgage if they wouldn’t be able to pay for it. The bank would also be interested to know if the person is a registered criminal and know what the offence was as this would help them to decide if they want to give a mortgage, an example being if the person being convicted of fraud then the bank may not give them the mortgage. …show more content…
People have access to smart cards that allow people to pay for public transport, taxi and retail purchases. The city encourages more people to use public transport rather than using their personal vehicles to travel and they have done this by optimising bus and train routes so people are able to get to their destination faster without any traffic. Also the public transport services would be a lot cheaper which is another reason why more people would be attracted to this. Overall this is helping society as a whole because people are able use public transport to get to their destination a lot faster and cheaper. People would be able to get to work a lot quicker as there would be public services ready to use and at a cheap price. This would be reducing the traffic which means that there would be less pollution which is a benefit to the environment and people in the city. Having less traffic would mean that there would be less noise pollution so people that are working in offices wouldn’t get distracted as …show more content…
The city would monitor and save the data from the meters and they would see the amount of resources the buildings are using. The city would show the owners of the building how they use the resources and they would tell them on how they are able to save the resources which would be benefiting the environment. Overall this is helping society as a whole because people are able conserve resources by looking at how they are able to save and this would be benefiting them as they are to save a lot of money while doing this. Problems in the building would be identified such as the building may have a water leaks so the water resources is being

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