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ARTICLE · 20 MAY 2019

New Blockchain Enterprise Applications Announced Across Industries

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The Federal Communications Commission (FCC) is reportedly exploring the use of blockchain technology to record and monitor the use of Wi-Fi spectrums in connection with internet of things (IoT) sensors and devices.

United StatesTechnology
Simone O. Otenaike
Simone O. Otenaike
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The Federal Communications Commission (FCC) is reportedly exploring the use of blockchain technology to record and monitor the use of Wi-Fi spectrums in connection with internet of things (IoT) sensors and devices. According to reports, the total number of IoT sensors and devices will increase from 21 billion this year to 50 billion by 2022. The FCC aims to use blockchain technology to offer a secure and standardized method to accelerate data exchange between IoT devices and to track radio wave spectrums in order to help resolve airwave distribution scarcity and improve wireless technology development.

Last week, four multinational life sciences and healthcare companies joined the MediLedger Project's Contracting and Chargebacks working group. The working group aims to eliminate friction in the chargeback process, wherein wholesale distributors sell medications at a price previously negotiated with the manufacturer, and parties are made whole on the price

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