FinTech Magazine - November 2022 | Page 14

TIMELINE

5G

THE STORY SO FAR ...

5G technology is revolutionising 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

1991

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 countrywide . The world was taking notes , and the US had also launched its own 1G network using the Motorola DynaTAC mobile phone
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
14 November 2022