The rapidly-approaching onset of 5G network capabilities is based on upgrading current 4G network technology, specifically to move away from traditional methods of simple person-to-person communication. Both person-to-object and object-to-object interconnectivity is taken into account in current 5G network design. The core 5G indices, as ascertained by the Global Telecommunications Alliance, include a high communication rate, extraordinary network capacity, and low latency. These three characteristics play a key role in undertaking large numbers of terminals and high-speed data communications.
The core technologies of 5G operations include large-scale antenna matrices, super-dense networking, new multiple-access technologies, full-spectrum access technologies, and new and improved network architecture such as cloud computing. These aspects combined can greatly improve the spectrum efficiency of the system, improve network capacity on a 100× magnitude, and can support the network requirements which arise when attempting to connecting billions of devices. Compared to 4G, the antenna size of 5G is not calculated by “root” but is measured by “matrix”. This means that 5G will have a larger frequency bandwidth and a wider range of coverage, supporting higher data transmission efficiency and greater network capacity. The vast range of communicational connections, wide-area coverage, and the future differentiation and individuation demands of both enterprise and vertical industry business applications required for this endeavor will eventually coalesce, covering from person to object and from consumption to production – finally achieving 5G’s ultimate goal of interconnecting the “Internet of everything”.
With the development of 5G, the application field of 5G energy-based Internet of things will continue to widen and develop in the direction of diversification. LINFINITY CEO Anndy Lian remarked: “5G will be a brand-new network to connect a wide variety of devices with unprecedented scale, speed and complexity. On the development path to 5G, billions of mobile devices will be combined with cross-border integration of artificial intelligence, automatic driving, and nanotechnology, to bring about an unprecedented innovational revolution. Of course, 5G will necessarily be connected with the Internet of Things and the applications surrounding it, allowing for a new application field to emerge: derivative networking.”
Traditional supply chain traceability technology has some defects, at least in regard to goods damage during delivery, delays in updating and displaying online information, the high cost of personnel tracking, and so on; which has affected the development of the supply chain market. Thanks to its ultra-wideband, wide-coverage, mass-connection, and other technical advantages in logistical tracking, it is hoped that 5G will be able to meet the technical requirements of wide- and deep-coverage, the demand for mega-connectedness, and demands of low-cost and low-power consumption – and, moreover, will become applicable to every aspect of the industry, from warehouse management schemes to logistics and distribution. 5G can optimize logistics, dynamically track goods in-transit, and improve the efficiency of asset-positioning and tracking – and, thus, is designed to meet intelligent logistical application scenarios.
LINFINITY’s intelligent supply-chain system is based on the typical application of the Internet of Things to current supply-chain models. The system integrates computational, network, sensor and wireless communication technologies, as well as, of course, its specialized Internet of Things technology, to help realize digital and visual integrated management of supply chains, including, but not limited to, in remote diagnosis, automatic control, disaster warning systems, quality tracing management, and real-time dynamic management of all supply-chain flows. LINFINITY also prides itself on its system’s inherent transparency, in production and distribution, which provides end-users with clearer and better security, traceability, and trusted supply-chain services. Each part of the entire supply chain has its own independent properties – LINFINITY recognizes this by allowing each set to submit their information into a chain, thus forming a block. Each block is then interconnected through a 5G network, underpinned by a relationship between the blocks of mutual trust and cooperation, and the IoT information contained in all the blocks in the chain is summarized through that network. The information is placed in a virtual cloud pool, allowing for all process links to be called at any time by providing the necessary public and private keys.
The development of 5G communication technology has laid a good foundation for the research and development of LINFINITY’s intelligent supply chain system, it is hoped and expected that it will also drive the development of other basic industries. Indeed, the combination of 5G and IoT is bound to bring optimistic changes in industry, agriculture and our daily life.
As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.
For more information about LINFINITY and their future activities, please visit www.linfinity.io or contact [email protected]linfinity.io.
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.