As the standardization of 5G New Radio (NR) systems operating in micro- and millimeter-wave frequency bands is over, scientific and industrial communities have begun to address the question of what 6G communications systems might or should be. While technological specifics are still in their early development phase, there is a common agreement that these systems will utilize the lower part of the terahertz band, namely, 100–300 GHz. This band poses a number of specific challenges for system designers, including the effects related to channel characteristics and the conceptually new requirements for electronics. This paper aims to report the current state-of-the-art channel characterization and communications system design. With respect to the former, we consider dynamic human body blockages and micromobility impairments. For the latter, we mainly concentrate on the physical layer devices for direct conversion schemes and the design of the so-called reconfigurable intelligent surfaces that will potentially serve as a cost-efficient blockage mitigation technique.