5G and Blockchain Technology: A Game-Changing Duo?
March 18, 2020
5G and Blockchain Technology: A Game-Changing Duo?
March 18, 2020

The cellphone industry is buzzing over the last few years over the subject matter on 5G wave. Deemed to be the ‘next big thing’ from the world of cellphones. The US is already planning in rolling out the next 5G networks from all the four major carriers of the country. The fifth-generation network promises for a booming speed, along with reduced latency, such as quicker time to respond as well as higher capacity i.e. a maximum number of devices can be handled. This comes with the added bonus of enhancement in security. Merge 5G with blockchain technology and you get a game-changing duo that could change the entire future of telecommunications and technology.

The dawn of innovation in augmented realities, artificial intelligence and blockchain have become a glimmering catch with the promising scope of innovation. The rise of blockchain technology from a niche community to mainstream is growing all thanks to the popularity of cryptocurrencies.

If you thought that the 4G revolution was great, imagine what would be 5G. The 5G network can transmit data over 10gb per second while compared to 4G’s data capacity over 100MB per second. Greater interconnection, lower latency, and faster internet, this is what 5G promises.

ALSO READ :  Cryptocurrency Platforms Bithumb, BitMax Announces Partnership

Experts say that that it can handle up to a download over 33 HD movies over less than half a second. Consequently, data-centric apps and downloads would be enhanced in a futuristic sense.

5G, IoT, and Blockchain: Is The Future Near?

The manifold combo of 5G, IoT and blockchain will birth out the rise of smart cities, driverless vehicles and smart homes. Perhaps the future is automation through IoT networks of smart devices containing sensors communicating over 5G.

IoT and 5G collectively have good potential but that may only be accomplished by utilizing blockchain technology. While 5G provides connectivity refuge for IoT apparatus and trades, blockchain manages security and guarantees the security of consumer and trade information. And this trinity would be quite powerful as every part strengthens another.

This whole thing could unlock another concept called the Internet of Skills (IoS). That would make it possible for the specialists to conduct their work remotely through VR headsets. For example, a dentist would even be able to perform his work remotely.

ALSO READ :  Mexico’s Blockchain And Fintech Industries Doubles In Size Over Just Two Years Amidst COVID-19 Pandemic

Can Someone Finally Solve Data Security?

5G, in fact, enhances blockchain technology by increasing node participation and decentralization all allowing shorter block times while driving on-chain scalability. The decentralized nature of blockchain means it is resistant to most of the safety problems. Its high-tech encryption provides increased security against hacking compared to the classic client-server system.

Decentralized blockchains offer benefits over the current client-server model used in IoT. The decentralized architecture means that identity could be protected and guaranteed.

Currently, IoT devices identify themselves via cloud servers, with their identification data being held in these databases. As such, the data could be compromised, stolen or imitated, while presenting major security threats to any application that runs on top of such network. By using a decentralized blockchain, you protect these identities through the use of asymmetric cryptography and secure hashing algorithms.

Devices would be registered according to their own corresponding blockchain addresses, guaranteeing their identity. This blockchain layer could provide a level of security and frictionless identification unmatched by the existing centralized infrastructure.

Moreover, blockchain smart contracts often depend on oracles. These oracles relay external data to the contract. While this information can only be transmitted with internet access for applications such as supply chains, 5G can facilitate these oracles in remote areas where otherwise would not be possible.

ALSO READ :  Abra Expands Its US Offerings By Adding Support For 60 New Cryptos


Although the union of 5G and IoT already promises to become a blissful one, there are still valid concerns particularly in the subjects of its privacy and security. The bottlenecks in security and capacity in IoT is what makes the technology from reaching its fullest potential.

Malicious devices could create chaos among the whole network due to interconnectivity. While the integration using blockchain might actually lead to slower processing of information and transactions.

That is an expected challenge of infusing 5G and IoT using blockchain. Maybe, the rate of 5G or even a superior mobile technology will balance this up slower processing.

Finishing Thoughts

To sum up, 5G, IoT and blockchain all impact one another to flourish in this world. There are still challenges on 5G and IoT today, therefore we have to expect that engineers and programmers finds a way to fix around the expected blockchain scalability problems so that the three technologies can attain their unified possible.


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

A Brief Overview On Wrapped Token

A Brief Overview On Wrapped Token

A wrapped token is an ERC-20 token with a value identical to another asset that it represents, either through a smart contract or by being backed one-to-one with the underlying asset. It is an asset hosted on the...

Blockchain in the Tourism Industry

Blockchain in the Tourism Industry

Tourism can be defined as traveling to a place that is different from your home city or country for various leisure or business purposes, and staying there for some considerable period of time at a length. It becomes...

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.
Share This

Share This

Share this post with your friends!