The post NeoTech Lands Major City Deal as Romania’s Târgu Mureș Scales Its Digital Twin Infrastructure appeared on BitcoinEthereumNews.com.

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. A city-wide smart infrastructure initiative enters a new phase with a multi-million-dollar expansion and a growing Web3 footprint. Târgu Mureș, located in central Romania, is actively using NeoTech’s AI-powered 3D mapping technology to modernize urban systems. This is not a new move; the partnership began back in 2022, with strong support from local officials.  Through NeoTech’s 2 cm-accurate 3D mapping, the city can model roads, buildings, public green spaces, and infrastructure assets in high fidelity. This data is already being applied to real-world planning, from simulating public works projects to visualizing zoning decisions. In one notable use case, Târgu Mureș opened an international architectural competition using NeoTech’s 3D models. Architects worldwide used the digital twin to design a new parking structure entirely virtually without ever stepping foot in the city. From Infrastructure to On-Chain Revenue In collaboration with both the City Hall and Mureș County Council, NeoTech is now executing a seven-figure agreement to expand its digital twin infrastructure across the region, making it one of the most comprehensive municipal 3D mapping deployments in Eastern Europe. The latest phase of the partnership will see over $100,000 in revenue reinvested directly into the NEOT token ecosystem. This approach connects physical infrastructure with digital economies, starting from a city contract to platform revenue to on-chain buybacks and token utility. It’s a tangible demonstration of how Web3 technology can serve public sector goals while supporting tokenized ecosystems. Political Support and Long-Term Vision Mayor Zoltan Soos has been a supporter of the technology, noting the city’s ability to track investments, improve accountability, and forecast urban…

---

Filed under: News - @ March 28, 2025 5:22 pm