NEW YORK, June 14, 2022 /PRNewswire/ -- The blockchain technology market in the transportation and logistics industry segmented by Application (sea, land, and others) and Geography (North America, Europe, APAC, and South America) has been added to Technavio offerings. The blockchain technology market in the transportation and logistics industry's share growth by the sea segment has been significant for revenue generation. The increasing concerns in the shipping industry about security and transparency are encouraging the implementation of blockchain technology in the shipping processes, as blockchain technology works in a safe and programmed environment. As blockchain technology uses elaborate encryption procedures for data, it is impossible to hack or alter the data when it is present in a blockchain. This factor leads to the increasing adoption of blockchain technology in the shipping industry.
Technavio has announced its latest market research report titled Blockchain Technology...
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