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Organizations are forecast to spend nearly $6.6 billion on blockchain solutions this year, an increase of more than 50% compared to 2020. According to a new update to the International Data Corporation (IDC) Worldwide Blockchain Spending Guide, blockchain spending will continue to see strong growth throughout the 2020-2024 forecast period with a five-year compound annual growth rate (CAGR) of 48.0%.
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As governments around the world crack down on companies whose supply chains are linked to forced labour and other unethical and unsustainable practices, clothing retailers that have not considered introducing blockchain technologies to help provide them with supply chain transparency stand to lose out, says GlobalData.
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New survey reveals that 48% accelerated automation projects as a result of the pandemic, with cost savings, customer satisfaction, and employee productivity as primary drivers.
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With use of blockchain now moving beyond Bitcoin into banking and the wider business arena, a new service will help users ensure the security and integrity of their systems.
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International Data Corporation (IDC)has publishd its worldwide information technology (IT) industry predictions for 2021 and beyond.
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Platform to simplify the commodity supply chain and enable growth of the logistics-heavy decentralized LNG-for-trucks business.
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