What is 5G report?

June 23, 2020. The issuance unveiled a new 5G Reporting Framework that enhances and replaces the existing liquidity monitoring programs (3G/4G) for US domestic banks and Foreign Bank Organizations . Banks will now be required to include more specificities into their Liquidity Coverage Ratio (LCR) calculation.

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Why does everyone want 5G?

Reasons 5G is important 5G is not only important because it has the potential to support millions of devices at ultrafast speeds , but also because it has the potential to transform the lives of people around the world. Improvements in 5G technology can help make life better.

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What are the pros of 5G?

The main advantages of the 5G are a greater speed in the transmissions, a lower latency and therefore greater capacity of remote execution, a greater number of connected devices and the possibility of implementing virtual networks (network slicing), providing more adjusted connectivity to concrete needs.

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Is 5G network Chinese?

All wireless carriers in China are state-owned , which has helped the government to expedite the development of 5G networks, and access to wireless spectrum. It has been argued that early access to 5G would give China an advantage in developing services that can leverage the technology.

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