SIGNAL, the Blockchain for 5G Network
- Antonio Anderson
- August 26, 2021
- 0 Comments
SIGNAL has designed a blockchain around a self-verifying network of gateways that provides message provenance, microtransactions, and open access to anyone. A technology that uses blockchains and tokens to incentivize user and businesses to run 5G version of its network.
It is expected to meet the needs of high throughput and serve complex, decentralized, high-performance 5G inter-connectivity, creating environments that will enable the next era of technological innovation, products, and services — the Internet of Things (IoT), Smart Cities, Smart Manufacturing, Cloud VR/AR, and Healthcare.
Besides that, SIGNAL provides an integrated distributed ecosystem with seamless 5G access, which includes a complete distributed deployment architecture, smart contract system, security system, and layered consensus mechanism. The system can meet the needs of high-throughput and complex, decentralized, highperformance 5G application scenarios and promote the 5G blockchain business ecosystem.
In the SIGNAL network, node miners are require complying with the Proof-ofCoverage protocol which the SIGNAL network and other node miners audit and verify. We use a Proof-of-Serialization to ensure that node miners are correctly representing their time in relation to others on the network and obtain cryptographic proof of dishonest behaviour.
SIGNAL AI and Blockchains would allow wireless devices to make more dynamic and flexible use of different frequencies within the wireless spectrum, enabling billions of devices to connect to 5G networks at once. SIGNAL decentralised architecture protects device identity. Using a decentralised Blockchain protects these identities through the use of asymmetric cryptography and secure hashing algorithms. Devices are registered according to their corresponding Blockchain addresses, guaranteeing their identity.
As Blockchains cannot and should not store everything, next-generation IoT devices now possess enough local processing and storage to exhibit the intelligence required to sort through data to store or transmit only meaningful information. Where local data is necessary but too voluminous to be stored in-chain, an intermediate solution is to store the data locally and insert a link to the data along with its hash on-chain. SIGNAL will be integrated decentralized solutions that well suited for such an architecture, like IPFS, the InterPlanetary File System.
As Elon Musk wants to launch DOGE-1 to the moon in the first quarter of 2022, this mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interstellar commerce. Throughout the inspiration, SIGNAL will expand its Blockchain network with decentralised satellite infrastructure (DSI) to offers future space-as-a-service for modern businesses, expanded security and cost reduction via automated LEO satellite constellations will facilitate further exponentiation of digitized currency.
We believe that the integration of real-world hardware with a blockchain and a native token is a novel and valuable innovation that can be applied to other kinds of networks and wireless physical layers. The future of blockchains is not about who has the most hashing power or access to the cheapest electricity, but about blockchains where the mining proof is tied to providing a valuable, verifiable service.