Standing on the vent of the 5G+ blockchain
by Andrew Torres marketingFOR IMMEDIATE RELEASE
(29th June, 2019):
With the advent of the 5G era, the transmission speed has been greatly
improved. With the launch of a new round of technological revolution and
industrial transformation, new technologies such as artificial
intelligence, big data, cloud computing, and blockchain have developed
rapidly, new applications such as mobile apps, social media, webcast,
short video and other new applications have emerged continuously,
reconstructing the media pattern and public opinion ecosystem.
At
present, major countries around the world have clearly put forward 5G
pilot plans and commercial timetables, including China, the European
Union, Japan and South Korea have promoted from the government level and
invested in enterprises to accelerate the commercial pace of 5G. In
2018, South Korea achieved the debut of 5G on the PyeongChang Winter
Olympics; in 2019, during the two sessions of China, the 5G vocabularies
appeared frequently, and the 5G war between China and the United States
has been at loggerheads.
As a new generation of mobile
communication technologies, 5G (5th generation mobile networks) is often
considered as an extension of 4G (4th generation mobile networks), in
fact that was not the case. 5G also represents a more stable network
connection, the improvement of transmission capacity and the decrease of
network latency, which brings more possibilities for the comprehensive
intelligence of social production and personal life.
The
combination of 5G and blockchain is considered to be the best matching
scheme. In specific scenario applications, 5G technology can accelerate
the landing of blockchain application, and blockchain technology can
assist 5G to solve some shortcomings of the underlying communication
protocol, such as privacy, security, trust and other issues, and it will
also bring new ideas to 5G applications. The combination of the two may
have application possibilities in scenarios such as Internet of Things,
big data and AI, unmanned driving and so on, and is expected to promote
the development of smart cities, digital society, asset’s lauching on
the blockchain and other fields.
Recently, I learned about the
TNG project in Crypto Valley, Switzerland. It proposed a traffic sharing
and distributed storage protocol for 5G, which promoted the
popularization and development of 5G at the application level.
On
the one hand, it solves the problem of deep coverage of 5G, and at the
same time it allows users to enjoy the speed of 5G at a lower tariff; on
the other hand, the increase of transmission speed and the existence of
the Interconnection of Everything will inevitably put forward higher
requirements for the storage and download of data. It uses peer-to-peer
transmission mechanism and IPFS fragmented storage technology to solve
the storage problem of huge data.
Third, it is compatible with Ethereum's smart contracts, which is convenient for developers to use;
Fourth,
its main cross-chain mechanism also facilitates the data connection
between different public blockchains, which brings the possibility of
the dapp store in the blockchain era.
For the vision and solution
of TNG, I believe that this is a feasible implementation plan, which
uses traffic sharing as an entrance to popularize the application of TNG
blockchain, which will bring more C-end users, thus promoting the
development of B-end users, it will be more advantageous than some
public blockchains built simply using the concept of distributed
storage. We will wait and see on the development of this project. Know
more at www.tngclub.io
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Created on Jun 29th 2019 14:49. Viewed 183 times.