Chinese Ministry of Industry and Information Technology: Promote 5G application, encourage enterprises and research institutions to actively participate in key technologies such as Blockchain.
On September 4th, the Ministry of Industry and Information Technology issued the "Guideline on the Development of Industrial Big Data (Draft for Comment)" to publicly acquire opinions from the public. The submissions explicitly mention the promotion of 5G, NB-IoT, promote the deployment of IPv6, and encourage enterprises, research institutions and other entities to actively participate in key technologies such as blockchain and secure multi-party computing, reducing the risk of industrial big data circulation.
How does HSN do?
I. blockchain technology is highly valued; HSN provides 5G+blockchain technical support
At the Chinese Academy of Sciences and the Chinese Academy of Engineering conference, President Xi Jinping pointed out: "A new generation of information technology represented by artificial intelligence, quantum information, mobile communications, Internet of Things, and blockchain accelerates breakthrough applications. The world is entering an information-led economic development period,” adding that it shows that the country’s policy makers should embody the important role of blockchain technology in China's science and technology development.
Hyper Speed Network (HSN) is dedicated to the use of blockchain technology to build a network security and trust mechanism for terminal uplinks applying 5G architecture. It can support the multi-source information interconnection and exchange of big data uplinks in the digital age.
NineChain Technology, a subsidiary of HSN, located in Shenzhen, China, also actively responded to the policy opinions of the Ministry of Industry and Information Technology. In addition to providing 5G+blockchain technical support for HSN, it provides solutions in areas such as data security and financial risk control.
II. HSN uses edge node technology to achieve interaction between nodes
The "Opinions" published by the ministry mentioned the need to promote industrial big data transmission interaction; promote the application of 5G, NB-IoT and other technologies in industrial scenarios; promote the deployment of IPv6 scale; Develop and promote unified data exchange architectures at all levels; develop key device data interface standards, and promote data collection and interoperability of heterogeneous devices from different vendors. Construct an industrial Internet identity analysis system, establish a data collection and sharing mechanism between nodes at all levels, and promote the implementation of identity data integration applications in different fields.
Data provision and collection by one central node will result in inefficiency and network congestion. The massive computing demand will cause a heavy load to the node. The innovative concept of Edge Nodes introduced by HSN, as an essential complement to the Super Node, can decentralize dense computing services to Edge Nodes, which helps to reduce the response delay and bandwidth cost.
Meanwhile HSN optimizes the Super Node mechanism to better manage the core network and system functions, including running multiple services on sidechains, supporting 5G module group expansion, measuring device uptime, and arrange payment schedule for the miners.
The optimization of Super Nodes and the increase of Edge Nodes are a huge driving force for the data collection between nodes at all levels and the application of 5G technology, which fundamentally solves the problem.
III. HSN actively cooperates with universities to cultivate talents.
The "Opinions" also propose to cultivate talents in building training system, encourage universities to cooperate with industrial enterprises, information technology enterprises and Internet companies to cultivate more cross-border talents. Improve the talent evaluation and incentive mechanism. Improve the digital skills of workers, support enterprises and trade unions, associations and other extensive contacts, strengthen retraining of talents in the industrial sector, and improve employees' digital literacy and industrial big data skills.
Gao Bin, executive secretary of the China Communications Industry Association and Blockchain Committee said, “The talent gap in the blockchain is not only in technical positions, but also in the management level and community operations." The development of science and technology is inseparable from professionals and talents.
HSN co-founder and COO Peter Jia and HSN angel investor MonitorChan, (founder of Gloriosa Capital) visited the National Mobile Communication System Research Department in Southeast University.
Established by Southeast University in 1990, the State Key Laboratory of Mobile Communications is the only national key laboratory specializing in mobile communication research. It is specially approved and appointed by the State Education Commission and the State Planning Commission.
HSN and the mobile communication system research department reached an agreement to carry out in-depth research and exploration in the field of 5G communication application and blockchain public chain technology. Meanwhile they should cultivate senior professionals to contribute to the ecological development of the 5G era.
Visit & follow us on your favourite social media platforms!