The document discusses a project aimed at creating a distributed framework for securely sharing large volumes of heterogeneous information from IoT devices (predicted to reach 26 billion by 2020) to enable smart city applications. The objectives are to: 1) Identify requirements for trust and privacy in smart city use cases; 2) Ensure security in IoT networks and devices; 3) Implement trusted information storage and access controls; and 4) Develop methods for private analytics and information retrieval. Partners in Germany, UK, Portugal, Serbia and Spain will collaborate on use cases involving traffic, energy and transportation data in their cities. A pilot project in Novi Sad aims to provide smart transportation services using bus and traveler location data while focusing on data security and privacy.