Technology

Blockchain/IoT integration accelerates, hits a 'sweet spot'

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Three-quarters of companies implementing IoT have already adopted blockchain or plan to use it by the end of 2020, an indicator of the growing connection between the two, according to a survey of 500 U.S.

companies by Gartner.While the marriage between the two technologies has been expected to be crucial for industry digital transformation, the adoption rate is happening at a &much faster pace than expected,& Gartner said.&Among the blockchain adopters, 86% are implementing the two technologies together in various projects,& Avivah Litan, a Gartner vice president and report author, wrote in a blog.

She called IoT integration "a sweet spot" for blockchain, the much-hyped distributed ledger technology.




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