Wu Zhenzhen, Professor of the School of Management, Zhongke University, Fang Zhaoben: The integration of 5G and blockchain is a big opportunity and a big blue sea, which can complement each other.

Babbitt reported that the "2019 World Blockchain Conference·Wuzhen" hosted by Babbitt was held at the Wuzhen Internet International Convention and Exhibition Center from November 8th to 9th. On the afternoon of the 9th, "deciphering the 5G+ blockchain, is it fashionable and practical?" At the roundtable forum, Fang Zhaoben, former member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and professor of the School of Management of the University of Science and Technology, said that the integration of 5G and blockchain is a big opportunity, a big one. Blue ocean. What changed the 5G and blockchain? Changed our entire data landscape. Do you know that the data generated in the last two years is more than the data generated in years? With 5G, the speed of generating data is beyond our imagination, so the data “big oil mine” has increased 100 times. This oil mine can do a lot of things, and the blockchain can help the communication industry. For example, the communication industry has a wireless grid. It is not the same as the original. We have a partial pilot area to engage in 5G, which makes it easy for companies to deploy. With the blockchain, you can help them manage and optimize 5G. In their 5G implementation, there is also network slicing. The management of network slicing also needs to use the blockchain, and 5G can help the blockchain. Does the blockchain not want multiple nodes and can be expanded? It can solve your scalability and speed issues. So I think that in the future, 10,000, 20,000, and 50,000 per second are possible. Some people are doing it now, including cross-chain. After 5G, it can help you change.