5G Phones may be Costly, but 5G-Backed Blockchain Data Synchronization is Something to Look Forward to

5G Phones may be Costly, but 5G-Backed Blockchain Data Synchronization is Something to Look Forward to

Dec 10th 2018| Investment By:Mars Finance
5G phones may be costly, but 5G-backed blockchain data synchronization can be completed in a flash, which will greatly surprise bitcoin users!

5G phones may be costly, but 5G-backed blockchain data synchronization can be completed in a flash, which will greatly surprise bitcoin users!

Recently, 5G phones have become a hot topic. In addition to discussing how fast 5G phones can be, people are also getting aware of that 5G phones may be rather expensive.

The latest news shows that the operator China Mobile said the retail price is expected to be more than 8,000 yuan, which is not good news for most consumers.

From the perspective of market development trend, the breakthrough of network speed is bound to usher in the innovation of mobile phone. So this trend will continue, but the high price will also hinder the healthy development of the market.

To let 5G phones enter the market smoothly, it needs the joint efforts of operators and mobile phone manufacturers. The three major domestic operators have said that 5G pre-commercial use is scheduled to realize next year. In 2019, 5G network will be truly rolled out, and the first batch of 5G phones will be launched successively.

As for the charge of 5G mobile phones, different companies have different standards. According to the previous news, Qualcomm and Huawei already have listed 5G-related fees, but the two are different in the short term. Of course, for the early stage, the fee may be high because of the need to make up for the previous research and development investment, which is why 5G phone price is alleged to be as high as 8,000 yuan in the early stage.

Huawei and Qualcomm are the first two companies ready to launch 5G phones. Qualcomm is also the most important choice for Android flagship in the world from the perspective of chip. Huawei's own flagship phone is also awaiting the launch of 5G kylin chips. However, if the two companies issue 5G related products, patent issues will be involved and patent licensing costs will incur.

With 5G network, how fast the speed of blockchain data synchronization will be?

The latest version of the 5G network will be tens of thousands of times faster than the current 4G network, which means the download speed will be greatly improved. 5G-backed blockchain data synchronization can be completed in a flash, which will greatly surprise bitcoin users!

In addition, about 50 billion devices are expected to be tapped into 5G networks and integrated into the Internet of things by 2020, which many see as a revolution in data communications technology. The computer skynet in the movie “Terminator” is coming true!

5G-enabled devices will have three different bandwidth options to avoid frequency overloads, allowing more and better wallets and bitcoin applications of various categories to emerge. 

Of course, we can also say that this 5G network will be "unbreakable" and that there will be no loss of information in future communication, which is also great for bitcoin and blockchain enthusiasts.