logo
FBI Warns About Danger In The Internet Of Things

FBI Warns About Danger In The Internet Of Things

Forbes16-05-2025

Internet of things (IOT), devices and connectivity concepts on a network, cloud at center. digital ... More circuit board above global Earth.
The Internet of Things is made up of a broad range of devices connected to the Internet including home thermostats, security systems, medical devices, refrigerators, televisions, smart televisions and toys. Our homes have become filled with these devices including Alexa and Siri. One device that people hardly give any thought to is your smoke detector. Newer, sophisticated smoke detectors have the capability to send data to your phone or the manufacturer which they do through your router and this makes them vulnerable to being hacked.
There has even been a trend in recent years in the sex toy industry to creating sex toys that, through the Internet of Things, connect to smartphones and computers through Bluetooth or Wifi technology that enables the sex toy to be controlled remotely. While this opens new vistas for consenting adults far away from each other, it also opens up frightening new opportunities for hackers. In 2017 Italian researcher Giovanni Mellini published his findings that he was able to remotely hack into and take control of a sex toy described by its manufacturer as "the world's first teledildonic butt plug."
The FBI has long warned consumers about the dangers presented by hacking the various devices that make up the Internet of Things. Cybercriminals hack into your devices that are a part of the Internet of Things to enable them to enlist your devices as a part of a botnet by which they can distribute malware while maintaining their anonymity. They also hack into your Internet of Things devices to access your home computers or cell phones to steal information for purposes of identity theft or to implant malware on your home computers and cell phones. The risks are extreme, but there are some basic steps you can take to protect yourself.
The key to protecting yourself is having a secure router. A router is a networking device that is used to transfer data between your computer and the Internet. Unfortunately,when they first install a router many people don't bother to change the default password on their router and therefore leave themselves extremely vulnerable to hackers who use default passwords which are readily available on the Internet to gain access to the router and the devices connected to it
The devices that make up the Internet of Things also come with preset passwords that can easily be discovered by hackers. Change the password as soon as you set up any Internet of Things device. Also, set up a guest network on your router exclusively for your Internet of Things devices. This is important so that you can keep the sensitive personal information you have on your computer or cell phone from being accessible through a hacking of any of your Internet of Things devices.
Recently the FBI issued a warning about 13 outdated, end-of-life routers that are no longer supported by their manufacturers with software updates and patches to fix vulnerabilities. Cybercriminals, particularly Chinese cybercriminals, according to the FBI, are exploiting the lack of security of these routers to gain access to your computers and other devices and install malware and make it part of a botnet.
Make sure your router will automatically download and install the latest security updates from its manufacturer. If your router is an older router that does not have this capability, you can check the manufacturer's website regularly for the latest updates, but frankly, you are probably better served by getting a newer, more secure router. Make sure you have a unique password for each of your Internet of Things devices and use dual factor authentication whenever you can for all of these devices.
In addition to replacing end-of-life routers with newer, more secure routers there are other steps you should be taking to provide better security. Disable remote management settings on your routers and make sure you are using a strong password as well as encryption.
Configure network firewalls to block traffic from unauthorized IP addresses and disable port forwarding. Make sure that you install the latest security patches as soon as they become available.
Finally, consider using your router's whitelisting capabilities which will prevent your device from connecting to malicious networks. Blacklisting is how most security software works; blocking malware that has already been identified; however, blacklisting does not protect you from malware exploiting zero day defects vulnerabilities which are vulnerabilities that have not yet been identified. Whitelisting prevents any software that you have not specifically approved from being downloaded through your router on to your computer, thereby providing much enhanced security from harmful malware.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Opera Limited (OPRA): A Bull Case Theory
Opera Limited (OPRA): A Bull Case Theory

Yahoo

time26 minutes ago

  • Yahoo

Opera Limited (OPRA): A Bull Case Theory

We came across a bullish thesis on Opera Limited on Shareholdersunite Essentials' Substack by Shareholders unite. In this article, we will summarize the bulls' thesis on OPRA. Opera Limited's share was trading at $18.17 as of June 24th. OPRA's trailing P/E was 19.54 according to Yahoo Finance. A wide angle view of a bustling cityscape, capturing the potential of the consumer internet. Opera (OPRA), a Norwegian browser innovator majority-owned by China's Kulun Tech, has built a compelling niche in a highly competitive market through constant innovation, product diversification, and a sharp focus on AI integration and user engagement. While much smaller than rivals, Opera has carved out a significant global presence, with over 293 million average monthly active users (MAUs) across its suite of products. Flagship offerings include Opera One, a desktop browser redesigned around AI with the Aria assistant at its core; Opera GX, a gamer-focused browser with deep customization and high engagement; Opera Mini, a lightweight data-efficient browser thriving in emerging markets; and Opera Air, a mindfulness-centric product targeting Western audiences. Opera's strategy has emphasized early adoption of transformative technologies like AI and Web3, embedding features such as crypto wallets and stablecoin-based MiniPay directly into its platforms. Aria, built on Opera's modular Composer AI engine, connects to multiple large language models (LLMs) and enables on-device local LLM use, supporting privacy and versatility. Opera is also developing the Browser Operator—an AI agent that automates web tasks on users' behalf. Meanwhile, Opera Gaming (via GameMaker and GX Games), Opera News (a personalized AI-driven content platform), and Opera Ads (a growing in-house advertising network) complement the core browser ecosystem. Revenue growth has been driven by advertising, notably in e-commerce, and ARPU has surged due to a strategic pivot to high-monetization Western markets. Supported by major partners like Google, ASUS, and regional OEMs, Opera combines solid financials, shareholder returns, and expanding AI infrastructure, positioning it for sustained growth in browser-based digital ecosystems. Previously, we covered a on Opera Limited by Welfare Capital in March 2025, which highlighted the company's strong browser business, Opera GX growth, and capital returns. The company's stock price has depreciated by approximately 1% since our coverage. This is because the thesis has yet to fully play out. Shareholdersunite shares a similar view but emphasizes Opera's AI and Web3 integration. Opera Limited is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held OPRA at the end of the first quarter, which was 16 in the previous quarter. While we acknowledge the risk and potential of OPRA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Connectez-vous pour accéder à votre portefeuille

Institutional investors have a lot riding on Ceconomy AG (ETR:CEC) with 50% ownership
Institutional investors have a lot riding on Ceconomy AG (ETR:CEC) with 50% ownership

Yahoo

time27 minutes ago

  • Yahoo

Institutional investors have a lot riding on Ceconomy AG (ETR:CEC) with 50% ownership

Institutions' substantial holdings in Ceconomy implies that they have significant influence over the company's share price A total of 3 investors have a majority stake in the company with 57% ownership Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Every investor in Ceconomy AG (ETR:CEC) should be aware of the most powerful shareholder groups. With 50% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And things are looking up for institutional investors after the company gained €230m in market cap last week. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 12%. In the chart below, we zoom in on the different ownership groups of Ceconomy. View our latest analysis for Ceconomy Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Ceconomy does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Ceconomy's historic earnings and revenue below, but keep in mind there's always more to the story. We note that hedge funds don't have a meaningful investment in Ceconomy. The company's largest shareholder is Convergenta Invest und Beteiligungs GmbH, with ownership of 29%. Meanwhile, the second and third largest shareholders, hold 17% and 11%, of the shares outstanding, respectively. After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. We note our data does not show any board members holding shares, personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid. With a 16% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Ceconomy. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. Our data indicates that Private Companies hold 28%, of the company's shares. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. We can see that public companies hold 6.7% of the Ceconomy shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Blockchain Technology Market Size Projected to Reach USD 1,879.30 Bn By 2034
Blockchain Technology Market Size Projected to Reach USD 1,879.30 Bn By 2034

Yahoo

timean hour ago

  • Yahoo

Blockchain Technology Market Size Projected to Reach USD 1,879.30 Bn By 2034

According to Precedence Research, the global blockchain technology market size is calculated at USD 41.15 billion in 2025, and it is projected to reach approximately USD 1,879.30 billion by 2034, with an impressive CAGR of 52.90% from 2025 to 2034. Ottawa, June 27, 2025 (GLOBE NEWSWIRE) -- The global blockchain technology market was valued at USD 26.91 billion in 2024 and is expected to grow from USD 41.15 billion in 2025 to approximately USD 1,879.30 billion by 2034. Over the forecast period of 2025-2034, the global market is projected to grow at a robust compound annual growth rate (CAGR) of 52.90%. The strong influence of blockchain on finance, healthcare, supply chain management, and government services raises its importance across the globe. The Complete Study is Now Available for Immediate Access | Download the Sample Pages of this Report@ Blockchain Technology Market Key Highlights: By region, the North America blockchain technology market accounted for the major revenue share of 46% in 2024. By region, Asia Pacific is expected to grow at the fastest CAGR during the forecast period. By region, Europe is considered to be a notably growing area in the market in 2024. By type, the public cloud segment contributed the highest revenue share of 61% in 2024. By type, the private cloud segment is growing at the fastest CAGR from 2025 to 2034. By component, the infrastructure and protocols segment recorded the biggest revenue share of 63% in 2024. By component, the middleware segment is expected to grow at the fastest CAGR from 2025 to 2034. By application, the payments segment held the largest revenue share of 45% in 2024. By application, the digital identity segment is expected to grow at the fastest CAGR in the market during the predicted timeframe. By enterprise, the large enterprises segment accounted for the biggest revenue share of 68.5% in 2024. By enterprise, the small and medium enterprises segment is expanding at a notable CAGR from 2025 to 2034. By end use, the financial services segment held the major revenue share of 39% in 2024. By end use, the healthcare segment is expected to grow at the fastest CAGR between 2025 and 2034. View Detailed Insight@ Market Overview and Industry Potential What is the Importance of Blockchain in Various Sectors? The blockchain technology market has transformed data security into digital transactions. This innovative technology helps the government, corporates, and individuals to resolve the risks of fraud. It ensures the connection between previous transactions and each new transaction which remains encrypted and linked with each other. This forms the chain of blocks which is immutable and holds the integrity of the data. This invention is the foundation of diverse applications, including financial transactions and secured medical records, which create trust in digital interactions. It plays a vital role in healthcare in securing patient records, improving the exchange of medical information, ensuring data integrity, and enhancing patient privacy and security. Also Read: How Digital Transformation Is Reshaping Global Industries – Key Insights from Precedence Research Blockchain for Supply Chain Solutions by IBM, the Leading Market Player Sr. No. Solutions Features 1) IBM Supply Chain Intelligence Suite Automated data capture Supplier engagement and analysis tools Data quality management Comprehensive visualization of scope 3 performance Enterprise ready performance dashboard 2) Order Management System Accelerated plug-and-play innovation Expanded choice of user experiences Industry-leading performance Low code or no code UI experience Transparent AI to drive trusted actions Sustainable commerce 3) Supply Chain Transparency Distributed ledger technology Immutable records Smart contracts Public key cryptography 4) Blockchain for Food Greater trust Enhanced security Better traceability Increased efficiency Automated transactions 5) Supplier Management Records transactions as blocks Connects blocks together Builds an irreversible blockchain Ensures trust and immutability What are Major Trends in the Blockchain Technology Market? Government Measures and Technological Projects: The acceptance of blockchain by governments enhances public security and governance. The implementation of various national blockchain strategies enhances the transparency, efficiency, and security of government operations. There is an integration of blockchain by the public administration of India for local and state initiatives. These efforts enhance certificate issuance and data management. Great Adoption and Impact on Supply Chain Processes: This innovative technology transformed supply chains by addressing challenges with traceability. The leading companies like IBM and Maersk adopted it to streamline operations, ensure product reliability, and reduce paperwork. It allows the records and verification of every transaction, which enhances visibility and reduces the risk of fraud. Also Read: How Blockchain is Supercharging the Internet of Things Products of IBM Supply Chain Order Management System Sr. No. Name of the Product Features 1) IBM Sterling Order Management To manage omnichannel order fulfilment from a single point 2) IBM Sterling Intelligent Promising To gain instant visibility into inventory levels and deliver flexible purchasing options 3) IBM Sterling Configure, Price, and Quote To streamline the buying process for complex products Growth Factors in the Blockchain Technology Market The growing maturity of technological adoption and the increased focus on sustainable and ethical applications drive the expansion of the blockchain technology market. Advancements in scalability and the growing integration with artificial intelligence support the growth. The expanded use of this invention in non-financial sectors witnesses significant growth. The introduction of national and global regulatory frameworks showcases the transformative potential of blockchain. How can Artificial Intelligence Improve the Blockchain Technology Industry? The fusion of blockchain and artificial intelligence (AI) can redefine various industries. Blockchain uses the analytical power and automation capabilities of AI to introduce enhanced data security, operational efficiency, and data privacy. These technologies enable automated, transparent, and secure transactions without the need for intermediaries. The AI algorithms can automate smart contracts and make them intelligent and adaptable to complex scenarios. Also Read: How Artificial Intelligence Is Redefining Biotechnology Innovation Opportunities in the Blockchain Technology Market How is the Opportunistic Rise of the Distributed Ledger Technology? According to Deloitte research in March 2025, the projected global infrastructure operational cost savings are approximately USD 15-20 billion annually for the U.S., Europe, and other major markets. This data is projected by considering the integration of smart contracts and automated processes within clearing and settlement activities. In October 2024, the survey report for the 6th annual global crypto hedge fund for the year 2024 stated that about 47% of its funds had exposure to digital assets, which are increased from 29% in 2023. In October 2024, VanEck Ventures announced the launch of a $30 million fund to support innovations in Fintech, AI, and Crypto. Also Read: Blockchain Beyond the Hype: Powering the Future of Cryptocurrency Limitations and Challenges in the Blockchain Technology Market What are the Vast Challenges associated with Technological Solutions? Scalability and Interoperability: The technological solutions are aiming to expand the capabilities of technologies to handle large volumes of transactions. They also aim to allow seamless interaction between different blockchain systems. Technological Complexity: The key challenges such as scalability issues, regulatory uncertainty, and the need for standardization hinder the adoption of blockchain in supply chains. Blockchain Technology Market Report Coverage and Key Metrics Report Attribute Key Statistics Market Size (2024) USD 26.91 Billion Market Size (2025) USD 41.15 Billion Market Forecast (2034) USD 1,879.30 Billion CAGR (2025–2034) 52.90% Base Year 2024 Forecast Year 2025-2034 Growth Drivers - Increased venture capital investments- Adoption in financial services- Utilization of smart contracts and digital identities- Government initiatives supporting blockchain integration Challenges Regulatory uncertainty hindering adoption across sectors Segments Covered Type, Component, Application, Enterprise, End-Use, and Region By Type (2024) Public Cloud: 61% Revenue Share By Component (2024) Infrastructure & Protocols: 63% Revenue Share By Application (2024) Payments: 45% Revenue Share By Enterprise Size (2024) Large Enterprises: 68.5% Revenue Share By End-Use (2024) Financial Services: 39% Revenue Share Regions Covered Asia Pacific, North America, Europe, Latin America, Middle East and Africa North America Market Share (2024) 46% U.S. Market Size (2024) USD 8.70 Billion U.S. Market Size by 2034 USD 619.28 Billion U.S. CAGR (2025–2034) 53.19% Set up a meeting at your convenience to get more insights instantly! How Did North America Dominate the Blockchain Technology Market in 2024? North America dominated the blockchain technology market in 2024. The North American governments and public sectors have adopted blockchain technology due to the emerging needs for building trust among the citizens, protecting the data, and reducing modern technological integration introduced lower prices and improved efficiency in verifying transactions within minutes. It has enormous potential to reduce financial infrastructure costs by $20 billion. There are various applications of this technology in the government sector and public services, which include smart cities, educational reforms, payroll tax, central banking, tracking, digital identity, and procurement. How is Blockchain Technology Utilized to Transform North American and U.S. Public Services? The U.S. has taken sponsored initiatives to transform the country using blockchain that have immense potential to streamline government processes. There is an extensive utilization of blockchain by accounting firms in the U.S. to manage extensive tax collections. According to the U.S. Department of Homeland Security, blockchain introduced enhanced transparency and auditing of public service operations. It has also presented greater supply chain visibility and automation to improve the delivery of products and services. In January 2025, the Department of Government Efficiency of Elon Musk announced exploring initiatives towards the use of the blockchain invention to enhance U.S. federal operations like data tracking, spending, and data security and storage. Source: What is the size of the U.S. Blockchain Technology Market? According to Precedence Research, the U.S. blockchain technology market size is predicted to surpass USD 619.28 billion by 2034 up from USD 13.33 billion in 2025 and is poise to grow at a solid CAGR of 53.19% from 2024 to 2034. This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Access the Full Report Sample Instantly@ How Asia Pacific is Rapidly Growing with Massive Technological Advancements? Asia Pacific is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. The innovative solutions across this region are emerging through various technologies like blockchain, Internet of Things (IoT), artificial intelligence, cloud data architecture, and geospatial technologies. The digital transformation and climate change are reshaping the Asian Pacific economies and societies. These digital technologies are strong pillars of climate action which also drive economic growth in this region. They allow practical policies and strategies to come to the forefront of society. The digital advanced and high-income countries are experiencing remarkable growth. Also Read: What made Singapore and the Republic of Korea the Most Digitally Advanced Countries? According to the Economic and Social Commission for Asia and the Pacific (ESCAP) index, the most digitally strengthened countries are Singapore, Nordic countries, and the Republic of Korea. These countries have been able to achieve their economic growth while reducing carbon emissions per capita and having a strong adaptive capacity. With the rise in GDP, there has been a significant reduction in greenhouse gas emissions per capita. The rapid industrialization and urbanization drive the need to establish extensive infrastructure. In June 2025, Blockchain Alliance International (BAI) announced the launch of the Asia-Pacific Digital Economy Initiative in Hong Kong. Source: Browse Our Subscription Plans@ What made European Markets the Leading Innovators of Modernization? Europe is seen to grow at a notable rate in the blockchain technology market in 2024. According to the European Commission, the European Union wishes to become a leader and a major innovator in blockchain or web3 technology. The European values and regulations for this invention are enhanced trust services, environmental sustainability, data protection, digital identity, cybersecurity, and interoperability. The European public sector is dedicated to establishing its own pan-European blockchain infrastructure with the help of European Blockchain Services Infrastructure. How does France Lead as the Pioneer in Adopting Blockchain for Legal Purposes? France collaborates with other European leading countries, like Germany, the United Kingdom, Sweden, and Estonia, to adopt this innovative solution. Estonia adopted blockchain to secure national data, smart devices, and e-services across the public and private sectors. The various sectors, including healthcare, business, succession registries, property, etc. encompass these vast systems. The German Federal Government focuses on using these services and applications to provide secured data to courts or official verification bodies. Sweden conducted a trial of a land registration system that uses blockchain through its land ownership authority. In July 2024, Ferrari announced the extension of cryptocurrency payment system to Europe after its launch in the U.S. Source: Blockchain Technology Market Segmentation Analysis By Type Analysis How Public Cloud Segment Dominated the Blockchain Technology Market in 2024? The public cloud segment dominated the blockchain technology market in 2024. The public cloud systems offer cost optimization, quick and easy set-up, and cloud scaling. Public cloud computing holds immense potential to turn global in minutes, achieve success through business innovations, and deliver improved security. They can optimize the budget of IT staff, offer shorter project delivery times, achieve high stability, and maximize uptime and zero risk failure. The private cloud segment is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. The principal types of private clouds, such as on-premises private cloud, virtual private cloud, hosted private cloud, and managed private cloud, are ideal because all resources are isolated and operated exclusively for one organization. Private cloud computing offers on-demand access to computing resources such as data storage, cloud servers, automation, software, networking capabilities, and data analytic tools. Also Read: High-Performance Computing-as-a-Service: Fueling AI, Big Data, and Beyond By Component Analysis What made Infrastructure and Protocols the Dominant Segment in the Blockchain Technology Market in 2024? The infrastructure and protocols segment dominated the blockchain technology market in 2024. The blockchain protocols offer a set of rules regarding data records, data storage, and data security within a blockchain network. These protocols represent the foundation of network operations for which developers need a suitable platform. The blockchain protocols offer an essential infrastructure and services to create and run applications within the blockchain ecosystem. The middleware segment is expected to grow at the fastest CAGR in the blockchain technology market during the predicted timeframe. Middleware is a transformative solution to fill the gaps between tools, applications, and databases that will deliver high-quality services to users. It can enhance the supply chain technology stacks by focusing on communication and data integration. Middleware platforms can enhance secure and efficient communication between different members in the supply chain network. Also Read: Supply Chain Gets Smarter: How Analytics Is Powering Global Logistics By Application Analysis How did the Payments Segment Dominate the Blockchain Technology Market in 2024? The payments segment dominated the blockchain technology market in 2024. The advantages of blockchain in payments include automation with smart contracts, elimination of intermediaries, safe and quick border payments, and transparency. Blockchain payment systems can settle transactions easily and can maintain the reliability of transactions. The transactions made via a blockchain network are immutable, stored in blockchain, and visible to everyone. The digital identity segment is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. There are wide advantages of digital identity for companies, IoT devices, and individuals where blockchain identity management systems can be used to resolve complex issues regarding inaccessibility, data insecurity, and fraudulent identities. The various components like decentralized identifiers, identity management, and embedded encryption allow blockchain technology to help users create and manage digital identities. Also Read: How Digital Payments Are Reshaping Global Commerce By Enterprise Analysis How Large Enterprises Segment Dominated the Blockchain Technology Market in 2024? The large enterprise segment dominated the blockchain technology market in 2024. Large enterprises enable users to experience streamlined cross-border payments and improved supply chain management. They offer enhanced security and privacy along with increased transparency and accountability. There is a great positive impact of adopting large-scale enterprises of blockchain technology. The small and medium enterprise segment is expected to grow at the fastest CAGR in the blockchain technology market during the predicted timeframe. The blockchain technology is revolutionizing small and medium enterprises by enhancing transparency and security. The SMEs are experiencing smart contracts, streamlined loan applications, and approval processes. They are enabled for efficient loan disbursement and repayment through the integration of blockchain services and solutions. By End Use Analysis What made Financial Services the Dominant Segment in the Blockchain Technology Market in 2024? The financial services segment dominated the blockchain technology market in 2024. The integration of blockchain in finances introduces transparency, trust, privacy, high-performance, scalability, and programmability. The digitization of financial services presents streamlined processes, economic benefits, and authenticity. Many use cases of blockchain in financial services include capital markets, lending, banking, asset management, payments, trade and finance, and insurance. The healthcare segment is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. The major blockchain use cases in digital healthcare include supply chain transparency, patient-centric electronic health records, smart contracts for insurance, medical staff credential verification, and IoT security for remote monitoring. These capabilities deliver several benefits, such as cost efficiency, security, traceability, and business process speed. The blockchain helps digital health companies with ensuring the security of remote monitoring devices. Related Topics You May Find Useful: The global FinTech blockchain market size was calculated at USD 0.48 trillion in 2024 and is predicted to hit around USD 21.59 trillion by 2034, expanding at a notable CAGR of 46.31% from 2025 to 2034. The global blockchain in energy market size is calculated at USD 2.07 billion in 2024 and is projected to surpass around USD 636.87 billion by 2034, growing at a CAGR of 77.34% from 2024 to 2034. The global blockchain AI market size was USD 445.41 million in 2023, calculated at USD 550.70 million in 2024 and is expected to reach around USD 3,718.34 million by 2033. The market is expanding at a solid CAGR of 23.64% over the forecast period 2024 to 2033. The global blockchain in healthcare market size was accounted for USD 9.56 billion in 2024 and is anticipated to reach around USD 193.43 billion by 2034, growing at a CAGR of 35.08% from 2025 to 2034. The global AI in supply chain market size accounted for USD 7.15 billion in 2024 and is predicted to increase from USD 9.94 billion in 2025 to approximately USD 192.51 billion by 2034, expanding at a CAGR of 39.00% from 2025 to 2034. Competitive Landscape in the Blockchain Technology Market Coinbase: Coinbase Global, Inc. is leading in the American cryptocurrency exchange and is the biggest bitcoin custodian in the world. Binance: Binance Holdings Ltd. is the prominent cryptocurrency exchange company and is well-renowned developer of high-frequency trading software. Ripple: It empowers financial institutions through its payments, custody, and stablecoin solutions for the integration of blockchain and digital assets into their businesses. MARA Holdings and Riot Platforms: These companies collaboratively implement sustainable practices in bitcoin mining. Bybit and Upbit: They represent dynamics in their deposit methods, supported cryptos, fees, user scores, trading types, and several other features. IBM: The American multinational technology company is leading from next-generation artificial intelligence (AI) to cutting-edge hybrid cloud solutions. R3: It is enabling trusted digital economy through digitization of financial services. Core Scientific: It delivers high-density computing solutions through a vast data expertise. Block: The American technology company and the leading player in the U.S. market in point-of-sale systems. Chainlink Labs: It is leading with a deep expertise in cryptography and decentralized systems. Hiro Systems: It is renowned to accelerate the development of bitcoin applications through Hiro platforms. Chainalysis: The American blockchain analysis firm, driving actionable results in bitcoin tracing and crypto challenges. Coinme: It provides a secure online platform to buy and sell crypto or bitcoin instantly by using debit or cash. Robinhood: The American financial services company dedicated towards advanced trading tools and commission-free investments. What is Going Around the Globe? In September 2024, the Government of India announced the launch of Vishvasya-Blockchain Technology Stack to provide Blockchain-as-a-Service with a greatly expanded infrastructure in one of the programmes held at the Ministry of Electronics and Information Technology (MeitY). This launch will support various blockchain-based applications. Source: In December 2024, Nazara Technologies Ltd reported the signing of a letter of intent (LoI) with Lysto to boost the development of a Growth Protocol, a blockchain-based infrastructure, especially designed for digital marketing and growth applications. Source: The Blockchain Technology Market report is categorizes into the following segments and subsegments: By Type Public Cloud Private Cloud Hybrid Cloud By Component Application & Solution Middleware Infrastructure & Protocols By Application Digital Identity Payments Exchanges Supply Chain Management Smart Contracts Others By Enterprise Large Enterprises Small & Medium Enterprises By End-Use Financial Services Healthcare Government Media & Entertainment Transportation & Logistics Retail Travel Others By Region North America U.S. Canada Mexico Asia Pacific China Singapore Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa South Africa UAE Saudi Arabia Kuwait Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or Asia Pacific. Immediate Delivery Available | Buy This Premium Research Report@ You can place an order or ask any questions, please feel free to contact at sales@ | +1 804 441 9344 Stay Ahead with Precedence Research Subscriptions Unlock exclusive access to powerful market intelligence, real-time data, and forward-looking insights, tailored to your business. From trend tracking to competitive analysis, our subscription plans keep you informed, agile, and ahead of the curve. Browse Our Subscription Plans@ About Us Precedence Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. Web: Our Trusted Data Partners: Towards Healthcare | Towards Packaging | Towards Automotive | Towards Chem and Materials | Towards FnB | Towards Consumer Goods | Statifacts | Towards EV Solutions | Towards Dental | Nova One Advisor Get Recent News: For Latest Update Follow Us: LinkedIn | Facebook | TwitterError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store