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Automotive Blockchain Market: Programmable Platforms Propel Valuation to USD 7722 Million by 2031| SkyQuest Technology

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WESTFORD, Mass., July 8, 2024 /PRNewswire/ — According to SkyQuest, the global Automotive Blockchain Market size was valued at USD 643 Million in 2022 and is poised to grow from USD 848 Million in 2023 to USD 7727 Million by 2031, at a CAGR of 31.82% during the forecast period (2024-2031).

With rising venture capital (VC) financing, new types of technology providers are expected to come into the market. On the other hand, it is anticipated that programmable blockchain technology platform of a new generation will be invented. Moving on to the prediction duration, we foresee that ICOs, Cryptocurrencies, and Blockchain-as-a-Service (BaaS) will drive market growth by providing immutability and transparency in any transaction held using the decentralized ledger technology as well as making businesses more efficient via benefits such as reduced lifetime costs and quick operations. This automotive solution which utilizes blockchain would securely and reliably connect end users, Car-sharing firms, with self-driving or artificially intelligent cars.

Download a detailed overview:

https://www.skyquestt.com/sample-request/automotive-blockchain-market

Automotive Blockchain Market Overview:

Report Coverage

Details

Market Revenue in 2023

$848 Million

Estimated Value by 2031

$7727 Million

Growth Rate

Poised to grow at a CAGR of 31.82%

Forecast Period

2024–2031

Forecast Units

Value (USD Million)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Application, Providers and Mobility Type

Geographies Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights

Enhance Experience in Supply Chain Management

Key Market Opportunities

Increasing Crypto Currency Market Capital

Key Market Drivers

Expansion of Automobile Industries

Segments covered in Automotive Blockchain Market are as follows:

ApplicationSmart Contract, Supply Chain, Financing, Mobility Solutions, and OthersProvidersMiddleware Provider, Infrastructure & Protocols Provider, and Application & Solution ProviderMobility TypePersonal Mobility, Shared Mobility, and Commercial Mobility

Request Free Customization of this report:

https://www.skyquestt.com/speak-with-analyst/automotive-blockchain-market

Reinventing the Automotive Industry with Enhanced Transparency and Efficiency

By improving transparency, security, and efficiency in a variety of applications, including supply chain management, car history tracking, and autonomous vehicle communication, blockchain technology is completely changing the global automobile industry. It is crucial for lowering fraud, enhancing data integrity, and stimulating creativity throughout the automobile industry.

Implementing blockchain technology into the automotive supply chain ensures traceability, transparency and trust among stakeholders through secure recording of transactions and data exchanges. Blockchain technology is necessary for cutting down on counterfeit car parts and making logistics more efficient as well as enabling sharing live information in the global automotive industry, amongst other things. This improves efficiency and satisfaction levels on behalf of clients.

Blockchain applications make vehicle sharing, ride-hailing and autonomous vehicle management that much simpler within automotive industry mobility solutions. The innovation effectuates lower prices and grants improved overall experiences in global mobility through enabling secure transactions, fostering data integrity and supporting seamless peer-to-peer interactions. Efficiency and trust between networked mobility providers is promoted by this.

View report summary and Table of Contents (TOC):

https://www.skyquestt.com/report/automotive-blockchain-market

Blockchain’s Role in Innovating Ride-Hailing and Autonomous Vehicle Solutions

Services such as ride-hailing, vehicle sharing, and autonomous vehicle management are made better by blockchain ensuring reliable transaction security and smooth interaction. If one needs to achieve an increase in novelty, reduction in costs with better consumer satisfaction and utilization of globally linked mobility solutions, then these elements must be considered.

Blockchain-enabled shared mobility maximises car-sharing services by guaranteeing safe transactions and open record-keeping. Adeptly facilitating effective resource utilization; enhances confidence between users and service providers and lowers operating expenses. this is an invention essential for making urban travel more sustainable and accessible hence influencing future global mobility solutions.

Blockchain technology is fueling the revolution of both logistics and fleet management through secure transactions, operational efficiency optimization, and enhanced data transparency in commercial mobility. It plays a crucial role in reducing costs, improving supply chain reliability, and meeting regulatory requirements, thereby transforming commercial transportation services globally with enhanced trust and accountability.

Venture Capital’s Influence, the Rise of Transparent and Securing Efficient Mobility Solutions

By improving transparency, security, and operational efficiency across a range of applications like supply chain management, vehicle history tracking, and mobility solutions like ride-hailing and autonomous vehicle management, blockchain technology is revolutionising the global automotive sector. In the car industry blockchain reduces fraud, improves data integrity and boosts innovation via safe transactions and transparent record-keeping. The results it yields vary from fewer fake parts, shorter supply chains through to improved customer service and sustainable urban mobility. Venture funding is expected to drive the development of innovative blockchain solutions, leading to further breakthroughs that will transform the global vehicle management, sharing, and operation landscape.

Related Report:

Blockchain Market

Blockchain as a Service Market

Blockchain in Healthcare Market

Cryptocurrency Market

Blockchain In Manufacturing Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg

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Madison Liquidators Launches Office Essentials to Highlight Necessities Nationwide

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MADISON, Wis., Jan. 7, 2025 /PRNewswire/ — Madison Liquidators, a trusted name in online office furniture solutions, is excited to announce the launch of its Office Essentials campaign, a targeted initiative to help businesses and individuals create productive, ergonomic, and stylish work environments. The Office Essentials campaign focuses on providing high-quality, affordable office furniture basics tailored to the needs of modern workplaces. Madison Liquidators aims to simplify the shopping experience for office must-haves while delivering exceptional value to customers.

Some of the major highlights of the Office Essentials Campaign will include curated product lines, special promotions, as well as expert guidance. Curated product lines feature handpicked selections of office desks, chairs, storage solutions, and accessories from top brand partners. Expert guidance will be the crowning force in the essentials campaign as Madison Liquidators has always prioritized customer service. With this in mind, the expert guidance focus of the campaign offers personalized support from the company’s customer support team to help shoppers find the perfect solutions for their space and budget.

The Office Essentials campaign is an excellent time for businesses large and small to optimize their office space with everything they need to create a productive office space. This means the campaign will feature common items such as l-shape desks, ergonomic office chairs, storage cabinets, and conference tables. This will provide offices not only an incentive to update their spaces with quality office furniture but also to help new businesses understand other items necessary to office productivity like monitor arms, laptop stands, desk accessories, and keyboard trays.

The Office Essentials campaign is live now, with new products and deals updated on the Madison Liquidators website. The homepage has a tab dedicated to Office Essentials for shoppers to quickly navigate the essentials.  Since 2015, Madison Liquidators has been a leading provider of office furniture and solutions, offering a vast inventory of high-quality products to businesses and individuals nationwide. Known for its dedicated customer service, Madison Liquidators is dedicated to enhancing workspaces with furniture that marries efficiency with employee comfort and well-being.

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SOURCE Madison Liquidators

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BSI Financial Services SVP Allen Price Joins IMN Home Equity Investment Advisory Board

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IRVING, Texas, Jan. 7, 2025 /PRNewswire/ — BSI Financial Services, a national mortgage fintech platform, today announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board. Price, who serves as senior vice president of sales, client and transaction management at BSI Financial Services, is the first mortgage servicing executive appointed to the Board.

The IMN Home Equity Investment Advisory Board is comprised of thought leaders and key stakeholders from servicing, capital markets, HEI originations and rating agency organizations who are dedicated to advancing the primary and secondary markets through innovation and strategic collaboration. Price’s position on the Advisory Board reflects BSI Financial’s growing prominence in the HEI space. BSI is a rated servicer that provides both full and backup servicing and asset management for rated and non-rated HEI backed securitizations, as well as non-securitized HEI assets. BSI Financial also services traditional home equity lines of credit (HELOC) and closed-end second lien loan products.

“I am deeply honored to join the IMN Home Equity Investment Advisory Board and to collaborate with such an accomplished group of mortgage and capital markets professionals,” Price said. “This opportunity allows me to continue to provide thought leadership and innovation to this very important and growing sector while bringing to the table BSI Financial’s unique perspective and expertise in servicing HEI assets.”

BSI Financial’s proprietary technology stack, including Libretto and BSI ASSET360, differentiates the company from other servicers. Libretto automates daily quality control, reducing processing errors and identifying potential issues before they impact customers. BSI ASSET360 provides lenders and investors with real-time visibility into asset status and performance. These systems help build consumer, originator, regulatory and investor confidence in the growing HEI sector.

BSI Financial has experienced substantial growth in its servicing portfolio of HEI assets. The company now services approximately $2.1 billion in unpaid principle balances across 22,000 units, establishing itself as a servicing industry leader in the home equity investment asset class.  

“Building world-class servicing operational processes to support the unique and bespoke nature of HEI assets that will provide homeowners with greater financial flexibility is exactly what BSI is all about,” said Harold Lewis, President and COO of BSI Financial Services.

For more information about BSI Financial Services and its contributions to the HEI market, visit https://bsifinancial.com/lender_landing_hei.html.

About BSI Financial Services 
BSI Financial Services is leading the evolution of mortgage servicing for originators, investors, and homeowners using a mortgage fintech platform. The company brings together a talented team with long mortgage industry expertise, scalable digital capabilities, and deep regulatory understanding. BSI Financial is one of the fastest-growing mortgage servicers across the industry and currently services nearly $50 billion in mortgages. The company is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, and USDA, approved as an issuer by Ginnie Mae, and rated by S&P, Fitch and DBRS as a servicer. For more information, visit www.bsifinancial.com

PRESS CONTACT FOR BSI:
Mary McGarity
Strategic Vantage Marketing & Public Relations
203-260-5476
MaryMcGarity@StrategicVantage.com

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SOURCE BSI Financial Services

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BLAZE® POS Integrates with Sage to Streamline Accounting for Enterprise Cannabis Retailers

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Streamlining Cannabis Retail Accounting with Automation and Real-Time Financial Insights

LOS ANGELES, Jan. 7, 2025 /PRNewswire/ — BLAZE®, a leading cannabis software platform, announces its integration with Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. This integration enables efficient accounting workflows and enhanced financial visibility across several retail locations.

With this integration, cannabis retailers can complete daily accounting tasks with just a few clicks. The integration, facilitated by Alembic Computer Services, Inc.’s software connector, also provides detailed, store-level financial data across multiple states, empowering enterprise retailers to make informed decisions and scale effectively.

Completed purchase orders are seamlessly converted into vendor bills, with new vendors automatically added to the system. Daily sales and COGS data are mapped by product type and synced directly to Sage Intacct, ensuring accurate financial records while saving time and reducing errors.

Key Benefits of the Integration:

Simplify Daily Accounting: Automate transaction postings and reconciliations to streamline workflows.Location-Based Insights: Offers detailed views of financial performance across individual stores.Compliance-Ready Reporting: Ensures accuracy and meets regulatory requirements.

“Cannabis retail enterprises face unique accounting challenges as they scale,” said Chris Violas, CEO of BLAZE. “Our integration with Sage Intacct is a key part of our vision to empower enterprise cannabis retailers with seamless tools for managing their bookkeeping. By implementing automation, we’re providing businesses with a faster, more efficient way to close their books, enabling them to focus on growth and delivering exceptional customer experiences.”

This collaboration highlights BLAZE’s commitment to providing innovative tools that meet the evolving needs of the cannabis industry.

For more information, visit the BLAZE + Sage Integration Page

About BLAZE®
Founded in 2015 by technology and cannabis entrepreneurs, BLAZE powers cannabis retail operations with intuitive technology solutions. The award-winning BLAZE software suite provides point-of-sale, delivery, e-commerce, mobile apps, and integrated payments to cannabis retailers across North America. Built for enterprise-level retailers, BLAZE continues to set the gold standard for customer service and innovation. BLAZE has ranked in the Inc. 5000 Fastest Growing Private Companies in 2023 and 2024 and recently received the Kind Award for Best POS in Canada and a Cannatech Innovation Award for Scan to Shop.

Contact: Press@blaze.me

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SOURCE BLAZE

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