Securities Daily: In 2020, 5G comprehensive commercialization will promote breakthroughs in blockchain and other technologies

On January 3rd, the Securities Daily's "Top Ten Prophecy Research Groups" launched the 2020 Top Ten Prophecies in 2020 based on the latest domestic and foreign political and economic situation developments and combined with relevant research results of think tanks. One of them is the comprehensive commercialization of 5G to promote breakthroughs in technologies such as blockchain, exploding traditional industries and various application scenarios. The National Conference on Industry and Information Technology held in December 2019 proposed that China will continue to steadily advance 5G network construction and strive to achieve 5G network coverage in all prefecture-level cities nationwide by the end of 2020. We believe that 2019 is the first year of 5G commercialization, and the commercialization of 5G technology will accelerate further in 2020. In particular, the acceleration of 5G base station layout means that ecological applications based on 5G networks will enter an explosive growth phase, and technical applications including blockchain will make positive progress. The superposition of these two technologies can empower traditional industries and various application scenarios. We predict that large-scale incremental funds will enter such enterprises and bring some vitality to the capital market.