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A recent study by Contrive Datum Insights estimates that the Blockchain Internet of Things (IoT) market is expected to reach $124.58 billion by 2030, with a compound annual growth rate (CAGR) of 93.4%. The Asia-Pacific region is expected to take the lead in the expansion of Blockchain IoT, followed by North America, where organizations are increasingly investing in Blockchain IoT systems due to concerns about data security. The study explains why the combination of IoT and blockchain can be a game-changer for organizations, as it can provide a secure, transparent, and immutable platform for data sharing and transactions.