Blockchain technology will fundamentally change how we live and work in the future . The Global Blockchain Market is expected to reach USD 34 billion by 2026, with a growth rate of 45%.
Read moreWhat is the difference between blockchain and big data?
Blockchain ensures data storage and privacy to increase the data integrity, whereas the big data deals with data ensuring the data quantity, velocity, and variety to deliver better predictions .
Read moreHow is blockchain used in data science?
The relationship between Blockchain and Data Science For starters, both blockchain and data science deals with data — data science analyses data for actionable insights, while blockchain records and validates data . Both make use of algorithms created to govern interactions with various data segments.5 Oca 2019
Read moreIs blockchain part of data science?
While blockchain validates and records data, data science focuses on deriving meaningful insights from data for problem-solving . Both of these technologies employ algorithms to control interactions with different data segments. In crux, data science is for predicting and blockchain is for validating data.15 Mar 2022
Read moreWhich is better big data or blockchain?
Blockchain ensures data storage and privacy to increase the data integrity, whereas the big data deals with data ensuring the data quantity, velocity, and variety to deliver better predictions . The combination of these technologies is unbeatable.
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