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Gartner: 90% of IoT adopters plan to integrate blockchain

gartner blockchain iot
On 5 December, research firm Gartner published a report which found that blockchain integration is popular among adopters of Internet of Things (IoT) devices. A survey of over 500 U.S. companies found that 75% of IoT adopters had already implemented blockchain or were planning to by the end of 2020. Only 10% of the respondents said they had no plans for blockchain adoption. According to the Gartner 2019 Hype Cycle, blockchain is maturing and serious use cases are emerging, although blockchain on its own is in the “trough of disillusionment”. However, in combination, Gartner predicts that blockchain and IoT use cases will start to climb out of the trough into the ‘slope of enlightenment’. Gartner VP Avivah Litan states that the combination of technologies is “moving ahead at a much faster pace than expected, according to the survey.”

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Image Copyright: Gartner