FCC Eyes Blockchain to Better Manage Scarce Wireless Spectrums

The Federal Communications Commission (FCC) could one day use blockchain to monitor and manage wireless spectrums to support the growing requirements of the internet of things (IoT). With Juniper Research predicting that there will be 50 billion connected IoT devices and sensors by 2022, the agency is keen to find a way to manage the required radio frequencies more efficiently and transparently.
As reported by Computerworld on Monday, FCC Commissioner Jessica Rosenworcel told an MIT conference last week that a future world with such numbers of IoT devices will need a “real-time market” instead of today’s “clunky” licensing system. She added: “We have this registry from all of these licenses, but on a day-to-day basis we don’t actually know with great clarity what’s being used and what’s not being used. So if you put this on a public blockchain you’d have this record of where demand is for what airwaves.” Currently, spectrums are auctioned off one at a time in a process that is slow, complex to manage and expensive, according to the commissioner. Spectrums are also in short supply, with one option being to share them, with the FCC managing the rights to use different bands at different levels of priority. One idea touted in recent years is to build a market place that would issue permissions dynamically using AI, according to Computerworld.

Spotlight

This election year will have a significant impact on long-term indirect tax rules, rates, and risks. More immediately, federal, state, and local tax policymaking, fiscal conditions, and technological disruptions will muddle the short-term indirect tax environment in the United States. This white paper will cover the important tr


Other News

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Spotlight

This election year will have a significant impact on long-term indirect tax rules, rates, and risks. More immediately, federal, state, and local tax policymaking, fiscal conditions, and technological disruptions will muddle the short-term indirect tax environment in the United States. This white paper will cover the important tr

Resources