Blockchain
Global Blockchain IoT Market Expected Grow at a CAGR of 91.5%, by 2026 – Research Dive
As per the study conducted by Research Dive, the Blockchain IoT Market size is anticipated to reach $5,802.7 million by 2026, with a CAGR of 91.5% over projected period.
Market Drivers and Retrains:
Rising adoption of Blockchain IoT due to the rapid growth in the IoT connectivity across the globe for data sharing is expected to drive the market growth. Additionally, increasing operational efficiency among the organizations for providing better data transfer security is another growth factor for blockchain IoT market.
Lack of awareness among the organizations is the key factor that may hinder the market growth over the forecast period. However, interoperability is another key challenging factor that may hamper growth of the blockchain IoT market.
Sample report reveals, Summary of global market dynamics including driving factors, Restraints and Investment Opportunities in Blockchain IoT Market https://www.researchdive.com/download-sample/45
Blockchain IoT Market Segmentation:
On the basis of offerings, the market is segmented into hardware, software and solutions. Hardware segment is anticipated to further drive the offerings segment in blockchain IoT market, owing to the growing demand for more secure data transferring among the people that are present in the same network.
Data security dominated the application segment owing to the growing demand for secure data transferring among the devices, and rising concerns for data theft due to the growing cyber-attacks. As per the study, data security segment is anticipated to reach $1,377.9 million by the year 2026 at a CAGR of 93.4%.
Based on end-use industries the market is divided into energy & utility, transportation & logistics, building management, manufacturing, healthcare, wearable & mobile devices, smart cities and retail among other. Smart cities segment is anticipated to dominate the market growth over the forecast period owing to the rising adoption of IoT integration with almost every aspect of day to day life.
Regional Insights:
Asia Pacific Blockchain IoT market is witness to grow over the forecast period, and anticipated to account for $1,459.8 million by 2026, growing at rate of 94.8%, due to the growth of the Blockchain IoT market in Asia Pacific region. Asia Pacific includes most developing nations such as China, India and South Korea among others, these economies are anticipated to adopt blockchain IoT on a wider range.
So, How North America and European Market Share to Global Blockchain IoT Market. https://www.researchdive.com/purchase-enquiry/45
Top Companies Profiled and Recent Developments:
Intel Corporation, Ethereum Foundation, KrypC, R3, Filament, Cisco Systems, IBM Corporation, and Microsoft Corporation among others. These manufacturers are continuously increasing their efforts on R&D activities, as it will help to increase their position in the global market. Recent developments in the Blockchain IoT market by Amazon.com joined hands with start-up called Kaleido in order to make it easier for users to place their services on blockchain.
SOURCE Research Dive
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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