Cisco Systems, Inc. is the San Jose, Calif-based company which develops, manufactures and sells networking hardware, telecommunications equipment and other high-technology services and products has won a patent detailing (submitted in June 2018) on leveraging blockchain in order to secure the data in 5G telecommunication networks.
The company sees a way for blockchain that can be natively integrated into wireless networks to help secure messages transmitted through telecommunications networks as the company believes the blockchain platform can manage data sessions between an equipment user, such as a phone or laptop, and a virtual network. Alternatively stated, the new technology can manage part of the data exchanges between a network and a connected device via the blockchain interface.
The network tech giant Cisco is among a long list of information technology companies that are exploring the integration of blockchain technologies and the Internet of Things (IoT). In September, Cisco partnered with artificial intelligence services provider SingularityNet to decentralize AI systems by preventing one single source from concentrating computers’ capacity to learn through blockchain technologies. The company has also been trying to develop another blockchain technology that would create a more secure environment for group chats in a network.