Research on Crowdfunding Mechanism for 5G Internet of Things Construction for Application Communities

DOI

10.2991/978-2-38476-092-3_25How to use a DOI?

Keywords

5G IoT; Application community; Crowdfunding mechanism

Abstract

In order to crack the problem of high cost of 5G IoT construction and promote the construction process of 5G IoT, this paper explores the establishment of a crowdfunding construction mechanism for application-oriented communities. This paper analyzes the high cost and high benefit characteristics of 5G IoT and finds the reasons for the slow development of 5G IoT through the research methods of literature research and constructing mathematical models. The crowdfunding construction method for application community is proposed, and the crowdfunding model is expressed by using functions, and a perfect crowdfunding guarantee mechanism is constructed, which is expected to finally advance the 5G network construction to the real application stage. In the face of the huge construction cost of 5G IoT, this paper proposes a three-step crowdfunding construction mechanism: firstly, the initial investment sharing rules for the application community are formulated to share the construction cost of the application IoT to each member of the application community; secondly, a comprehensive trading market for 5G IoT contribution shares is established to openly trade and transfer the contribution shares to the society; finally, advanced intelligent technology and reasonable system design are applied to guarantee the contribution Finally, advanced intelligent technology and reasonable institutional design are used to protect the rights and interests of the contributors and enhance the return expectations of the contributors. Using crowdfunding mechanism, the conclusion shows that through crowdfunding, 5G network construction is expected to advance to the real application stage.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xirong Gao
AU  - Mengxiang Liu
PY  - 2023
DA  - 2023/09/09
TI  - Research on Crowdfunding Mechanism for 5G Internet of Things Construction for Application Communities
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 169
EP  - 185
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_25
DO  - 10.2991/978-2-38476-092-3_25
ID  - Gao2023
ER  -