Cryptocurrencies and Blockchain Technology Applications

CHAPTER 3BLOCKCHAIN IN 5G

C. Mageshkumar,¹ J. Rajeshkumar,² L. Godlin Atlas,¹ P. Hamsagayathri¹

¹ Department of Computer Science & Engineering, Sri Shakthi Institute of Engineering and Technology, Coimbatore, India

² Department of Information Technology, SNS College of Technology, Coimbatore, India

Abstract5G is the enabler for all technologies to maximize their impact. The incredible speed of 5G will assist devices in communicating in almost real-time, embedded with Connected Intelligence. Data explosion in the digital space has thrown open an opportunity where rich insights can solve big problems. It can help massively transform businesses and deliver rich, meaningful and immersive experiences to their customers. With the data economy in full play, work and life will be fundamentally changed. New applications like autonomous vehicles, telemedicine, and precision manufacturing robots will finally have the bandwidth to meet their true potential and, as a result, businesses will run more efficiently. Workers will spend less time on operations and more time focusing on ways to innovate and grow the business. Those who prepare well to understand 5G technologies will greatly benefit by delivering unique experiences to their end customers, which will disrupt the marketplace and create strategic differentiation for their businesses. Blockchain has the power to solve many of the world’s most pressing problems. In its most basic form, the blockchain is a decentralized ledger that is ...