Blockchain and Bigdata

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Blockchain Big Data

• www.bitdeal.net

2
Introduction

• Blockchain - A technology that becomes the big
  booster for digital transformation around the
  world. We all know blockchain has already started
  to disrupt, revamp and transform many major
  industries like banking, healthcare, Finance
  insurance, Supply chain, education, more and
  more.
• All these industries are focused to provide
  services for end-users. So, here the use cases
  and influence of blockchain can be easily
  identifiable as it tightens the security,
  transparency, and traceability while providing
  services to end-users.

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Blockchain

• " it's a distributed decentralized public ledger
  technology, which is solely invented for handling
  bitcoin transactions.
• By understanding the unique use cases,
  flexibility, security, and transparency,
  developers started molding it to adopt
  entrepreneur requirements on enhancing their
  business operations.
• This becomes the reason for the growth of private
  blockchain adoption across many industries,
  corporate, organizations, governments, and
  technology platforms.

4
Big data

• Just like the blockchain, big data is also
  standing as a backbone for many industries, as it
  handles the raw volume of data, and derives the
  best possible solutions to drive a business or
  project positively.
• Blockchain is just an infant technology, but big
  data is already having huge fame across
  industries especially businesses like Google,
  Apple, Facebook, Amazon won't be able to achieve
  success without the involvement of big data
  analytics. Big data is a rich concept, and
  slightly a complex whenever the data sets become
  unpredictable.

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Where Blockchain and Big Data Meets?

• These two big technology hands, will get
  connected whenever there is the flow of data
  becomes unstoppable and data processing to be
  held on time.
• We think blockchain completely differs from big
  data, but I can say, blockchain is another kind
  of data handling methodology but in a different
  manner.
• Blockchain and big data handles The Data, but
  are having different criteria, protocols and
  methodologies. Big Data Ensures Data Quantity and
  Blockchain Ensure the Data Quality.

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Risks and Challenges in Big Data

• Security
• Managing the Data Quantity
• Identifying and understanding malicious Data
• Speed
• Cost Management
• To know more read, How Blockchain Can Transform
  Big Data Industry ?

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Blockchain Use Cases in Big Data

• Ensures Trust hence Data integrity
• Predictive data analytics
• Real-Time Data analysis
• Manages Data sharing
• Prevents malicious activities

8
Bitdeal

• We a hub of blockchain solution company, widely
  provides blockchain solutions for around more
  than 20 corporate industries, businesses, and
  organizations. At bitdeal our blockchain
  developers enthusiastic about finding innovations
  in implementing blockchain technology's use cases
  for various industries. Currently we have
  successfully undergoing some unique projects
  which is based on blockchain in telecom, big
  data, and AI.
• Get a free consultation from Bitdeal Now !!