Blockchain Applications in 5G Networks: Incentives

Abstract

In a cross, multi-system world, blockchain technology is rapidly used to facilitate transaction security and safety, supply - Chain, cryptographic protocols, and identity authentication. This facilitation occurs because blockchain technology, a digital ledger of exchanges cloned and distributed across an entire computer network, structures the recording of critical data unchanging and transparent to anyone and everyone, making it difficult to change or hack without being discovered. It is not surprising that given these advantages, Blockchain is gaining traction in various industries, including financial services, energy, healthcare, real estate, telecoms, and others involving several entities whose accounts or activities could not be verified. The advantages of Blockchain may also be applied to another critical sector for different states: national security. Through its capacity to assure confidence in communication and information technology (ICT) and malware protection and verification, crucial to 5G and communication infrastructure, the technology shows potential for resolving some of today's cybersecurity challenges.