What kind of opportunities will 5G bring to the blockchain in 2019?

Statecraft Tech
Statecraft Tech
Published in
5 min readDec 27, 2018
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【Published by Blue sea of blockchain (區塊鏈藍海)】

This is more like a process of traditional enterprises moving toward to reforming its business/technology structure. It needs to rely on blockchain thinking to integrate to all kinds of technology. What’s the most popular keywords have you heard in 2018?

“Long-term rental landscape, sharing economy, IoT (Internet of Things), AI technology, blockchain…?”

The first three are in hot water caused by blockchain’s economic slump that is as cold as the winter, many well-known Internet companies have begun to optimize their employee structure. It is even more difficult for those who are new to the industry (enterprise). Startups developers are not optimistic after experiencing too many twists and turns. There is not much heat left looking at the blockchain’s topic that was often pushed to the “billboard” of science and technology by the media.

Looking back at 2018, you will see that a lot of speculators flocking into the blockchain market, most of all came for the money game. Under this market “chaos”, “scam” is all over the place. Other than that, regulatory interventions have also affected many good projects and disrupted their development. In the past few years, those who claim blockchain is the “FUTURE” has changed their path and disappeared. So…is the development of blockchain really going to stop now?

The answer is NO, there is no stopping in the blockchain development. Even though there is a phenomenon of bursting bubble, some blockchain entrepreneurs have begun to pay attention to the blockchain thinking and its real technology (in a good way). That’s a good sign from the historical perspectives.

Technologies convergence is a new opportunity

In 2019, what we excited for properly is the arrival of the Mega-tech era, also known as the 5G era. The three major operators are launching a “tech-war”, including major mobile phone manufacturers, which are actively embracing telecommunications technique. “Interconnection” development will be a BIG Thing in 2019 that some people predicted.

Interconnected?

The trend brought by 5G is very different from the past. I said that the traditional communication industry has begun to share the world with mobile phone manufacturers. For example, there is news that 5G mobile phones have already produced, which 5G network has not been operated yet. We can see how people ridiculously fantasy of 5G. People think that 5G can interconnection with all the things, such as driverless vehicles, smart homes, smart cities, etc. Science and technology development is no longer a single path, but a combination of multiple technologies.

Throughout the past few years, various field divided into detailed little pieces in the battle between Internet companies. It seems that the mobile phone can only be in the mobile phone industry. This situation reflects the shortcomings of current technological development.

The Internet has completed the process of information transfer, and yet it has no other added value. If the arrival of 5G is like a “highway” for technological development, then the blockchain is the cornerstone of the highway. After all, we need more than just the upgrading of internet speed, but the value they can add and deliver. In the case of anti-counterfeiting in blockchain, we combine Internet technologies, such as anti-SoC, sensor, unmanned vehicle, otherwise, we can’t find the authenticity data even after the process to the chain. This fully demonstrates that technology integration is the only way to break through.

Therefore, whether it is a 5G network, blockchain, big data or AI, these technologies need to combine. With the innovation of integration, that’s the proof of promising.

Enterprise reform is a must

Remember Luo Yonghao? An app called “zidanduanxin” (a communication application) that his company provides is like a flash in the pan, it seems that it is almost impossible to sustain it. In the eye of the public, his press conference looks like Spring Festival Gala from China. He keeps his talking activity, although the sales of Smartisan Technology are not good, this does not affect his strength. However, all corporate developments will experience ebb and flow. We look forward to seeing what he will do next.

This reminds us of Flying Pig Theory. This year (2018) Jack Ma said: “The wind stopped, and you can see the dead were pigs.” It means companies that have quickly seized the market will survive. Other than that, reform and upgrading is an urgent task for traditional enterprises. For example, how to solve the problem of information silos? How to dock effective resources? According to a medium-sized enterprise that is funding on B series: “We tried our best in various ways but did not meet the expected results.”

Obvious there are more than a company that needs to face this kind of dilemma. Changes in the innovation model is a must for all industry. With the digital economy and the hot discussions of science and technology, the enterprise develop has more possibilities in the future.

The two core factors of the digital economy are information industrialization and industrial informationization. In other words, the production and application of information are extremely critical. Focusing on industrial informationization is to use information technology to carry out technological transformation and upgrade traditional industries such as agriculture, and service industries. For the development of digital economy, the most important thing is data. So how is the value of the data achieved? How do we secure our data?

Blockchain, a distributed book that is known as value transfer, can applied to various fields and into various industries. Of course, from the current development of blockchain technology, there is still a long period of time that needs to mature gradually. However, the blockchain thinking has become increasingly full. This mode of thinking is an innovation for the reform and upgrading of various enterprises.

Taking advantage of the trend

Let’s talk about the development trend of the blockchain in 2019 mentioned above — interconnection. This is more like a process in which traditional enterprises move toward reform. They need to rely on blockchain thinking, integrate technology, and establish cooperative and win-win synergies with various fields. Secondly, the long-term development of the company needs to think outside the box. Under the trend of science and technology, if you don’t want to become a victim of capital competition, you must able to follow the needs of the development of the times and make self-change.

In the decade of the Internet’s turmoil, speed has become the pursuit of all people. I believe that in the next decade, value interoperability is the trend of the times.

Source: BiShiJie

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Statecraft Tech
Statecraft Tech

京侖科技|Professional blockchain technical team