Soochow Securities analyst: 5G commercial service launch, will provide a solid foundation for the development of blockchain

According to the China Securities Journal, at the opening ceremony of the China International Information and Communication Exhibition in 2019 held on October 31, China Telecom, China Mobile and China Unicom announced the launch of 5G commercialization and the release of corresponding packages. Soochow Securities analysts said in the research report that with the launch of 5G commercial services, the performance of the upstream industry chain of network construction will have a certain growth, and the prosperity will continue to improve. At the same time, with the launch of the 5G package, it is recommended to focus on the potential investment opportunities per operator's average revenue per user (ARPU). Moreover, 5G also provides a solid foundation for the development of blockchain, and the two are integrated to promote the application scenario to accelerate implementation. The blockchain overlay IoT will help achieve a safe and efficient Internet of Everything.