Fintech, IoT & 5G: How connectivity is transforming fintech

Increased connectivity led by 5G technology is revolutionizing the financial services space through its super-fast low latency and real-time delivery applications. The global rollout is well underway – we track the technology’s history.

1979: 1G is born

Japan was the first country in the world to launch 1G wireless technology – an innovation that was to lead to connectivity so advanced that it would literally change the world.

1984: The US joins in

By the mid-80s, the Nippon Telegraph and telephone network had rolled out 1G country-wide. The world was taking notes, and the US had also launched its own 1G network using the Motorola DynaTAC mobile phone

1991: Second generation

Providing significantly better wireless connections, 2G offered data services for mobile – introducing SMS text messages and digitally encrypted conversations for the very first time. The birth of messaging begins, slowly at first as adoption for mobile devices was slow to go mainstream due to the expense. But within a decade, the technology is commonplace.

2001: 3G arrives

Copy: 3G introduced the concept of wireless connections. Japan was the first country to sign up, with services available from October 2001. 3G users were introduced to the joys of location-based services, mobile TV, video conferencing, and videos on demand.

2012: 4G enters the room

A decade on, 4G brought forth faster download and upload speeds, provided the innovation for video streaming platforms within the home and on the go (in anticipation, Netflix launched its first mobile responsive app in 2011)​​​​​​

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