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The combination of Blockchain and Internet of Things (IoT) technologies is revolutionizing business processes in a variety of ways. By integrating blockchain with IoT, organizations can create a secure and transparent environment for transactions, reducing the risk of fraud and increasing trust among partners. Examples of this integration include the supply chain industry, where IoT devices can record and send data about the item’s location, condition, and other relevant information, and the energy sector, where the combination of IoT and blockchain can work with the creation of decentralized energy markets.
