South Korean Firm Adopts 5G Blockchain Technology to Fight IoT Hacks

Technology has brought the world many great gifts such as better communication and the fast sharing of information. With these gifts also came a whole new set of threats. Time and time again, malicious individuals have targeted tech users, whether for financial means or simply to cause mischief. The blockchain community is also constantly on alert for possible hacks. As a result of this, tech companies and network providers have been working overtime to create new solutions that can prevent hacks. While many attempts have been made, it seems that the answer might be in blockchain, at least according to South Korean telecoms giant KT. As a result, the South Korean firm has launched its blockchain-powered fifth-generation (5G) network brand, as reported on April 16, 2019.