Decision by the US government could lead to more mobile blockchain development
A controversial move by the FCC might result in expanded blockchain innovation
The Federal Communications Commission (FCC) has issued a draft order to approve the use of L-Band radio frequencies for 5G and the Internet of Things (IoT). This decision has some controversy behind it; previously, three members of a Congressional committee signed a letter to President Trump to prevent the commission from approving this draft issued by FCC Chairman Ajit Pai. They claim that the same bands are used for the Global Positioning Satellites (GPS), which are essential to the modern military. The use of such bands can allow the creation of several blockchain projects that are already in development.
“Having a dedicated band for 5G and IoT will open new use cases that we simply couldn’t imagine before. This being coupled with the increase of computational power available in any IoT devices (at the edge) will make it possible to enable IoT devices to be more tightly linked to an existing blockchain solution. In the near term, we could even imagine small IoT devices embedding a full-featured light client with little to no performance impact. All of this has the potential to lead to the democratization of Blockchain for IoT,” said Nodle’s blockchain architect, Eliott Teissonniere.
Kadan Stadelmann, CTO of the Komodo multi-chain platform, told Cointelegraph, “If I, for example, know that on my mobile device I could [synchronize] the Bitcoin blockchain in a day. Something that takes me two days now and maybe even on my server. I think that’s going to be a huge jump because we can really start focusing a lot on the actual technological implementation and not on the underlying physical limitations or protocol limitations like a bandwidth limitation.”
There has been a modern tendency of mobile-first technologies, some of them in current development. Devices such as Hyperledger Iroha, Celo, IOTA (MIOTA), and Nodle Network are getting blockchain projects developed, but the FCC’s decision, should it be accepted, could open up more possibilities.