Networks of the Future – How 5G could transform the financial services industry
The first generation of mobile networks, 1G entered the market back in the 1980’s. In that time, mobile devices were cumbersome and used solely for voice communication. They were gadgets of the wealthy, usually it was only top businessmen and the like who were able to afford these devices. Today, they are an essential part of most people’s everyday lives, and they are far more than just communication tools. Over the last few decades, mobile networks have evolved beyond belief, and have completely revolutionised the business place in the process. Today, we are on the verge of seeing the commercial release of 5G, by far the fastest and most powerful generation of mobile networks to date. This infographic outlines the characteristics of the network generations that came before 5G and explains the impact that 5G will have on the financial services space.
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