A report by SNS Insider predicts that the blockchain devices market will experience significant growth in the coming years, reaching $16.81 billion by 2032. This growth is attributed to government adoption of blockchain solutions, increased use in financial applications, and the migration of individuals to hardware wallets. The wireless segment of the market is expected to see a surge in demand due to the widespread use of 5G and Wi-Fi 6. While North America currently holds the largest market share, the Asia Pacific region is expected to threaten its dominance. Despite the optimistic predictions, the high cost of blockchain devices may slow adoption in developing regions.
In other news, Fujitsu and Yamato have announced plans to launch a new digital logistics company focused on sustainable operations. The platform, called Sustainable Shared Transport, aims to improve efficiency in the Japanese logistics ecosystem by allowing logistic firms to collaborate and share shipments. This solution addresses the issue of half-empty trucks on Japanese highways. The platform will leverage blockchain technology to provide transparent and immutable operations. The launch of the platform is expected on February 1, 2023.
Content Editor ( coingeek.com )
- 2025-02-06
Blockchain devices record surge; Fujitsu aims sustainable operations
