Technical analysis & news on Blockchain & Cryptocurrencies | Coincronica

SIGNAL, the Blockchain for 5G Network

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.

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