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Blockchain IoT market size report predicts healthy growth with
The global Blockchain IoT market is expected to grow at a considerable CAGR of 49.2% during the forecast period. Companies operating in blockchain IoT would take advantage of flexible economic conditions, industrialization-motivated policies, political transformation, and increasing digitalization, which is expected to significantly impact the business community and drive the blockchain IoT market. Furthermore, many companies are collaborating to launch blockchain IoT. Some of the blockchain launch collaborations are listed below.
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• In January 2022, IBM partnered with Thai Reinsurance Public Company Limited (Thai Re) to launch Insurer Network, a reinsurance smart contract platform using IBM blockchain technology on IBM Cloud. IBM’s blockchain technology based on the highly secure IBM Cloud will enable Thai Re to gain efficiency and speed in reinsurance contract processing with a single secure version of truth documentation.
• In December 2021, AWS partnered with BMW Group to accelerate data alteration in the automotive industry. BMW Group’s PartChain platform purchases AWS services, such as Amazon Elastic Kubernetes Service (Amazon EKS), in line with open source blockchain management tools to discover automotive parts and raw materials across the automotive supply chain.
• In October 2021, R3 partnered with Mphasis. The aim of this partnership was to develop a blockchain-based payment and financing solution for global supply chains. R3’s blockchain platform, Corda, is being used by Mphasis to expand its portfolio of Trade Finance technology solutions.
Global Blockchain IoT Market Report Segment
For hardware
• IoT sensors
• Crypto wallets
For software and services
• Technology consultancy and consultancy services
• Deployment and integration services
• Support and maintenance
By application
• Smart contracts
• Safety
• Data Sharing/Communication
• Monitoring and management of resources
For verticals
• Energy and public services
• Transport and logistics
• Production
• Building management
• Health care
• Others (retail, wearable and mobile devices)
A comprehensive report on the IoT Blockchain market is available at https://www.omrglobal.com/industry-reports/blockchain-iot-market
IoT Blockchain Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the world
• Middle East and Africa
• Latin America
Company profiles
• Algorythmix Tech Pvt Ltd.
• Amazon Web Services, Inc.
• Ambrosus network.
•ArcTouch
• Atomomi, LLC
•Auxesis Services & Technologies (P) Ltd.
• Chronicled
• Huawei Technologies Co., Ltd.
• HYPR Corp
• IBM Corp
• Intel Corp
• IOTA Foundation
• IOTA Foundation
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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are to be analyzed.
3. Over 100 paid data sources mined for investigations.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f
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