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Blockchain and IoT in commercial transportation
The sustainability of commercial transportation companies depends heavily on their ability to adapt to consumer needs. Investing in new technologies helps increase their operational efficiency and lowers the cost of shipping. In recent years, disruptive technologies — such as the Internet of Things (IoT), augmented reality (AR), virtual reality (VR) and blockchain technology — has emerged as solutions in the world of transportation and logistics. They are filling the gaps of the major inefficiencies that have been plaguing this industry for decades. But, unsurprisingly, blockchain technology has been the most mass adopted technological disruption in the transportation and logistics industry.
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