2 "Smart City" Stocks Investors Should Watch Closely
Asia's smart cities are almost here. In fact, many cities throughout Asia have already begun the transition. In China, 200 cities are already considered "smart." In Yinchuan, commuters can pay for a bus ride simply by smiling at the bus driver. Facial recognition technology does the rest.
At this point, the only thing truly holding smart cities back are our mobile networks. The technologies in smart cities will consume and exchange a lot of data. That means that faster cellular networks are required for smart cities. Now, with 5G being rolled out in many Chinese cities in 2020, it's finally time for smart cities to thrive.
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Source Fool.com
