5g technology is maturing, can it help accelerate the blockchain?

In 2019, it became the outlet of various high-tech industries, and 5G technology ushered in the first year of the explosion. Operators and mobile phone brands have accelerated their layout. The mobile phone brand stores in the streets have also undergone subtle changes. No more selling kidneys, almost all Apple stores have changed their signs and become Huawei. With the advent of 5G network, Huawei has launched a 5G mobile phone Mate20X 5G, which fully demonstrates that 5G network technology is in a booming stage, and all major mobile phone brands have accelerated their layout.

Throughout the development of the mobile Internet, the traffic dividend period from the media and short video, let everyone understand a market law: "The traffic is the world." The traditional media used to spread through newspapers and magazines, the speed is slow, and the user experience is bad. In the new era, people's needs have changed. With the fragmented time, the mobile phone is almost inseparable, and the mobile phone application is from The webpage has been browsed to major apps, and major changes have taken place. It has also brought entrepreneurial opportunities to countless grassroots. Especially in the media dividend period, countless people sitting at home to write articles, can achieve "life lying to win."

The development of network technology is the basic element to promote the development of these industries. From 3G networks to 4G networks, the speed changes make people watch short videos faster. At the same time, the video is transmitted faster and more intuitively, and the user experience is stronger. Therefore, a group of people have adopted the development of network technology to meet the needs of the times, and have realized the introduction of goods and revenue through video shooting and live broadcasting. Equal profit model.

In 2019, it was called the first year of 5G network commercialization. Once the development of network technology promoted the development of various industries and even some emerging fields, now 5G network technology can bring high-tech industry once it realizes commercial value. More opportunities and challenges?

1. Unlimited opportunities in the 5G market

Officially, the 5G network test speed can be achieved at 1.4Gb per second. Take a movie as an example. The download time is a few seconds, which is far faster than the 4G network. In addition to network speedups, there is also an upgrade in network capacity, which has been reduced from 115 milliseconds to less than 5 milliseconds.

First of all, following the relationship between mobile phone development and the network, we will find that the two are complementary. The development of mobile phones is inseparable from the network, and the rapid spread of the Internet is inseparable from mobile phones. Once the network spreads faster and the more operational functions that can be achieved, we will take examples from the already realized market. The short video market dividend period is not just because people accept this innovative information transmission method. Without the development of network speed, if you use 3G network to watch video, it will not be so smooth to read, there are many problems, the user experience is poor, can this market be hot?

On the other hand, the problem of traffic has been solved. Nowadays, the traffic of major operators is increasing. From the previous 100M, a few bucks, to the current unlimited traffic of Dawang card, the general benefits of traffic all over the country, let people more Willing to accept money and enjoy the sensory experience. On the whole, the reason why short video can become the new blue ocean now is because of the rapid development of network technology, which has given birth to this market can be highly recognized by users.

Second, the development of most industries in life depends on the development of network technology, just like the relationship between mobile phones and network technology development. We use the Internet of Things as an example. The greatest value of the Internet of Things is to realize the Internet of Everything. What is the basis of the Internet of Everything? It is the network. According to this year's information, the first 5G intelligent logistics demonstration park in Jiading, Shanghai, was built in March 2019. Based on 5G network communication technology, the integration of intelligent technology and logistics products such as driverless and AI was formed to create high intelligence. Self-decision, integrated intelligent logistics demonstration park. Not only that, but also the common smart homes in life, all need to establish a connection through the network, issue command signals, and then realize the control. Once the network signal is not received, then any device can not work normally.

When it comes to the commercial value of 5G networks, we need to understand how 5G network technology can bring changes to our lives. From the simplest network speed analysis, if we are in high-intensive people, the speed of 4G network will be slower, such as in stadiums, concerts and other crowded places, when all equipment has networking needs, the network Speed ​​and capacity demand will naturally increase, 4G speed can not be achieved, but 5G can, hotspot high capacity is one of the biggest application scenarios, will enhance the user's experience of surfing the Internet from various fields, increase network speed, watch video, play Games, anywhere, will become smoother.

The value of 5G commercial is not because it is just an upgrade of network technology, but more to create more business opportunities for various industries. If the 4G network is too slow and the short video market can't get hot, then, will the commercial 5G technology drive more new markets?

It can be seen that the development of all walks of life must be a deep integration between technology and technology, and can mutually promote the application scenarios between technologies to maximize value. Including many emerging technologies, artificial intelligence, Internet of Things, blockchain technology, etc., these are inseparable from the development of network technology. Only when the development of network technology has made a breakthrough can the market dividend be brought behind.

1. How does 5G network promote the blockchain industry?

The development of blockchain technology has attracted the attention of most global giants and has accelerated the deployment to this field. However, we know that the blockchain itself is built on the network system. The digital asset market closely related to blockchain technology has been developing for decades and is still in the stage of exploring application value. It is a pre-technology similar to 5G networks and is not mature.

For example, the earliest block volume is 1M. The earliest mining is realized by computer CPU. The CPU has limited computing power. Therefore, the transaction speed at that time has become a key issue hindering the development of this technology. There are many solutions to this problem, such as the expansion of the technology in the future, lightning network and so on.

If the speed of the transaction does not meet the needs of most people, then will people still trust this technology? Not to mention what kind of application scenarios it has. Take the development of online shopping, there is no third-party guarantee payment, are you willing to pay the money directly to the merchant? Without a logistics confirmation system, how can a merchant realize cash on delivery? Online shopping can be widely recognized, mainly because the network technology realizes information transmission, the electronic payment system realizes the capital guarantee, and the logistics tracking system realizes the value of commodity exchange. Basically all the details are optimized, and people are relieved of the network. Shopping security concerns have reshaped their perception of online shopping, which has driven the industry to thrive.

In view of the development of blockchain technology, we are in the bottleneck period. On the one hand, our own technical practice has not yet reached a conclusion; on the other hand, the high-tech industrial technologies related to 5G networks and Internet of Things have not been broken. To give a simple example, if the 5G network can be commercialized, which means that the transaction speed can be made faster, can the problem of the transaction speed mentioned above be solved? It is also possible that the mining power will increase, which means that the market prospect of the blockchain is broader.

Overall, the development of 5G networks will help the blockchain industry to achieve leapfrog development and bring more open blue ocean markets. Only when there is a breakthrough between technology and technology will it be created. More value, let its technology fall faster!