75% of US IoT adopters add blockchain

Most adopters of IoT tech across the pond are also taking blockchain and combining it with their IoT networks, according to a Gartner report.

“The integration of IoT and blockchain networks in the US is a sweet spot for digital transformation and innovation,” said Avivah Litan, VP at the industry researcher. “It is moving ahead at a much faster pace than expected.”

Three quarters of US IoT adopters have already added blockchain or are planning to adopt it by the end of 2020. Among the blockchain adopters, 86% are implementing the two technologies together in various projects.

“These results are significant and much stronger than we anticipated," added Litan.

"They emphasise that although both blockchain and IoT technologies are still in the early stages of adoption, coupled with the fact that blockchain technology is still immature itself, enterprises have started combining them to drive favorable business outcomes."

Related Topics

Share this story