{"id":263796,"date":"2024-03-13T01:01:18","date_gmt":"2024-03-12T19:31:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/exploring-6gs-role-in-building-connected-business-ecosystem-crypto-news\/"},"modified":"2024-03-13T01:01:23","modified_gmt":"2024-03-12T19:31:23","slug":"exploring-6gs-role-in-building-connected-business-ecosystem-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/exploring-6gs-role-in-building-connected-business-ecosystem-crypto-news\/","title":{"rendered":"Exploring 6G\u2019s Role in Building Connected Business Ecosystem &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"pymnts-content1872855\">\n<p style=\"font-weight: 400;\">At the intersection of technical innovation and underlying infrastructure lies the potential for ignition. But for any innovative sparks to catch fire, there needs to be a winning use case or paradigm shift application built atop the infrastructure that can spur adoption at scale.<\/p>\n<p style=\"font-weight: 400;\">This, as the White House, along with the governments of Australia, Canada, the Czech Republic, Finland, France, Japan, the Republic of Korea, Sweden and the United Kingdom issued a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2024\/02\/26\/joint-statement-endorsing-principles-for-6g-secure-open-and-resilient-by-design\/\">joint statement<\/a> expressing their shared intent to advance the research and development and standardization of 6G networks.<\/p>\n<p style=\"font-weight: 400;\">That solves, at least in theory, the infrastructure question surrounding 6G \u2014 the designation for a future technical standard of a sixth-generation technology for wireless communications.<\/p>\n<p style=\"font-weight: 400;\">What remains to be solved for are the business and commerce <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/connectedeconomy\/2023\/the-real-test-of-innovations-product-market-fit\/\">use cases<\/a> that will help 6G scale across nations and spur broad adoption.<\/p>\n<p style=\"font-weight: 400;\">Complicating matters somewhat is that 5G, the current gold standard in connectivity, succeeded in doing what it needed to do from an infrastructure rollout standpoint, but was launched at time when end-users were stuck in their homes during the COVID-19 pandemic able to get all the connectivity and speed they needed via basic Wi-Fi \u2014 a context which in many ways precluded the development of a killer use case.<\/p>\n<p style=\"font-weight: 400;\">Thus, 6G will need to come up with its own endemic use cases for businesses that are able to ignite 6G broadband adoption and support better, more efficient commerce.<\/p>\n<p style=\"font-weight: 400;\"><strong>Read more<\/strong>: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/news\/b2b-payments\/2023\/most-important-future-b2b-investment-is-usable-digital-infrastructure\/\">Tomorrow\u2019s Most Important B2B Investment Is Usable Digital Infrastructure<\/a><\/p>\n<h2 style=\"font-weight: 400;\"><strong>Preparing Businesses for the 6G Landscape of Tomorrow <\/strong><\/h2>\n<p style=\"font-weight: 400;\">The 6G technology\u00a0is considered key at a supranational level as it relates to economic competitiveness, national security and the functioning of society. It is a national priority in many countries, as evidenced by the recent joint statement from the White House, and the largest number of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.mdpi.com\/2071-1050\/14\/10\/6356\">6G patents<\/a> have been filed in China and the United States, both of which exceed the amounts filed by any other country.<\/p>\n<p style=\"font-weight: 400;\">While currently still under development, many 6G networks are expected to be deployed and operational by the late 2020\u2019s, with some countries \u2014 including South Korea \u2014 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.koreatimes.co.kr\/www\/nation\/2023\/08\/113_345765.html\">setting 2028<\/a> as a target.<\/p>\n<p style=\"font-weight: 400;\">Given the multiyear runway, the use cases for businesses that could spur 6G broadband adoption will likely be ones that leverage the technology\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/innovation\/2024\/5-5g-reasons-why-meta-lg-are-teaming-up-on-xr-devices\/\">speed, low latency and connectivity<\/a> to deliver transformative solutions and experiences across multiple industries \u2014 as well as those applications that help democratize access to present-day innovations like artificial intelligence (AI), augmented reality (AR) and virtual reality (VR), autonomous vehicles and connected automobiles, and other advances whose current adoption remains bottlenecked by the unit economics of their deployment.<\/p>\n<p style=\"font-weight: 400;\"><strong>See also:<\/strong>\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/consumer-insights\/2023\/what-electric-vehicles-impossible-foods-and-buy-now-pay-later-teach-us-about-early-adopters\/\">What Electric Vehicles, Impossible Foods and Buy Now, Pay Later Teach Us About Early Adopters<\/a><\/p>\n<p style=\"font-weight: 400;\">As just one example, 6G\u2019s expanded capacity and connectivity could support the proliferation of internet of things (IoT) devices on a massive scale. Businesses might leverage IoT for real-time monitoring, predictive maintenance, and optimization of processes across various industries, including manufacturing, agriculture and logistics.<\/p>\n<p style=\"font-weight: 400;\">\u201cThe Industrial 4.0 revolution was based on\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/artificial-intelligence-2\/2023\/ai-1-0-is-already-accelerating-industry-4-0s-pace-of-innovation\/\">digitization<\/a>, and it\u2019s starting to mature now,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/prateekkathpal\/\">Prateek Kathpal<\/a>, president and CEO of\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/symphonyindustrial.ai\/\">SymphonyAI Industrial<\/a>, told PYMNTS in an interview posted Dec. 1. The adoption of 6G is likely to give the impact of connectivity across traditionally traditional sectors a needed shot in the arm.<\/p>\n<p style=\"font-weight: 400;\">Additionally, 6G\u2019s low latency and high bandwidth could revolutionize healthcare delivery, enabling remote surgeries, real-time telemedicine consultations, and advanced medical imaging techniques. Businesses in the healthcare sector could leverage these capabilities to improve patient care, increase efficiency, and expand access to medical services.<\/p>\n<p style=\"font-weight: 400;\">In the banking space, 6G\u2019s high-speed connectivity can make mobile banking more seamless and efficient, enabling quicker transactions and tailored, real-time financial advice through chatbots. Financial institutions can also offer personalized services and customize offers based on customers\u2019 needs.<\/p>\n<p style=\"font-weight: 400;\"><strong>Read more<\/strong>: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/connectedeconomy\/2023\/the-real-test-of-innovations-product-market-fit\/\">Finding The Digital Economy\u2019s Product Market FIT<\/a><\/p>\n<p style=\"font-weight: 400;\">\u201cBusinesses are realizing that there is a\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/news\/b2b-payments\/2023\/roadsync-ceo-says-paper-checks-taking-a-back-seat-for-how-drivers-get-paid\/\">cost to some of the legacy things<\/a>\u00a0that they\u2019re doing, and that it can be an impediment to making their business efficient,\u201d\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/robingregg\/\">Robin Gregg<\/a>, CEO at\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/roadsync.com\/\">RoadSync<\/a>, told PYMNTS. \u201cI think businesses now understand that no matter how traditional they are, how they\u2019ve been operating, that now is the time to update how they work.\u201d<\/p>\n<p style=\"font-weight: 400;\">The ability of 6G to enable real-time data transfer at unprecedented speeds will provide firms with granular, right-now insights that they can then leverage as a key value-add and competitive differentiator.<\/p>\n<p style=\"font-weight: 400;\">It will be particularly useful across the applications that firms are just now <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2024\/ais-smarter-chatbots-and-search-engines-punch-travel-industrys-ticket\/\">starting to explore<\/a> within innovations like AI, making things like AI agents and autonomous chatbots cheaper, faster, and more useful.<\/p>\n<p style=\"font-weight: 400;\">And 6G will likely roll out in step with many other background innovations percolating across the business landscape, aiding things like <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/technology\/2024\/training-robots-using-video-games-could-democratize-warehouse-automation\/\">warehouse robotics<\/a> and the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/connectedeconomy\/2024\/dartmouth-business-school-says-digitizing-campus-life-extends-beyond-academics\/\">ongoing digitization<\/a> of, well, everything.<\/p>\n<p style=\"font-weight: 400;\">Crucially, 6G is being looked at by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.mdpi.com\/2071-1050\/14\/10\/6356\">experts<\/a> to help with broader availability of around the corner technological phase shifts like <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/innovation\/2024\/google-launches-competition-to-find-quantum-computings-real-world-utility\/\">quantum computing<\/a>.<\/p>\n<div class=\"row row-cols-1 row-cols-lg-1 recommended-articles\" style=\"clear:both;\">\n<div class=\"col\">\n<div class=\"post-tags\">\n                    <span class=\"smaller fw-bold text-uppercase\">See More In:                    <\/span><span class=\"smaller muted text-uppercase\" itemprop=\"keywords\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/5g\/\">5G<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/6g\/\">6G<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/ai\/\">AI<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/artificial-intelligence\/\">artificial intelligence<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/b2b\/\">B2B<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/b2b-payments\/\">B2B Payments<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/banking-2\/\">banking<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/connected-cars\/\">connected cars<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/connected-economy\/\">Connected Economy<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/digital-transformation\/\">digital transformation<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/government\/\">Government<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/healthcare\/\">Healthcare<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/innovation\/\">Innovation<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/internet-of-things\/\">Internet of Things<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/news\/\">News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/pymnts-news\/\">PYMNTS News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.pymnts.com\/tag\/technology\/\">Technology<\/a><\/span>\n                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>At the intersection of technical innovation and underlying infrastructure lies the potential for ignition. But for any innovative sparks to catch fire, there needs to be a winning use case or paradigm shift application built atop the infrastructure that can spur adoption at scale. This, as the White House, along with the governments of Australia, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":263797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-263796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=263796"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263796\/revisions"}],"predecessor-version":[{"id":263798,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263796\/revisions\/263798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/263797"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=263796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=263796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=263796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}