Ericson and Vodafone recently had an official meetup over 5G and blockchain in the future with regards to economic development. Dr. Daniel Bergstrom, a senior researcher from Ericsson, had a meeting with the Internet of Things (IoT) and blockchain lead from Vodafone, David Palmer. The main essence of their conversation was basically why blockchain holds global importance. What is Blockchain? Blockchain is, first and foremost, a list of links connected together via cryptography. These interlinked devices can perform transactions that can neither be encrypted not modified. The main function of blockchain is to have interactions without a third party, which
