How Will Blockchain Impact the Internet of Things? — Red Herring

According to Gartner, by 2020, the Internet of Things (IoT) installed base, excluding PCs, tablets, and smartphones, will reach 26 billion units, empowering a market worth of $3 trillion. By 2025, the total global worth of IoT technology could be as much as $6.2tr – most from devices in health care ($2.5tr) and manufacturing ($2.3tr). Another analysis estimates that blockchain will add $3.1tr in business value by 2030.


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