In the 5G era, millimeter wave has been mentioned as an important position. Millimeter wave has some problems that cannot be ignored: the free space path loss and atmospheric attenuation. To overcome these problems, millimeter wave systems rely on beamforming to overcome losses. Traditional techniques utilize phase antenna arrays for beamforming, which can cause delays in the time consumption and beam scheduling, and due to limited beams, this technology can only be connected to a limited number of devices, and each transmission occupies the entire bandwidth. This paper introduces a new technology called rainbow link, which is implemented by a new true time delay (TTD) array structure. This technology can achieve the allocation of different subcarriers to a large number of users in the corresponding beamforming direction. Users only need to select appropriate frequency resources. In this work, we calculate the performance of rainbow link with different parameters, and our results show that given 1 GHz bandwidth using 64 element antenna arrays, a rainbow-link cell achieves 1ms latency and 0.6M symbols per second with 0.03 active user rate.