Because a traditional database is centralized, it can be hacked and tampered with. Blockchain, on the other hand, is very difficult, if not virtually impossible, to compromise. So if you have sensitive data to store and require a database with high fault tolerance, blockchain is your best bet .
Read moreWhy should we use blockchain?
Blockchain helps in the verification and traceability of multistep transactions needing verification and traceability . It can provide secure transactions, reduce compliance costs, and speed up data transfer processing. Blockchain technology can help contract management and audit the origin of a product.
Read moreWhat is graph database good for?
Graph databases are purpose-built to store and navigate relationships . Relationships are first-class citizens in graph databases, and most of the value of graph databases is derived from these relationships. Graph databases use nodes to store data entities, and edges to store relationships between entities.
Read moreWhat are the disadvantages of graph database?
The general disadvantages of graph databases are:
Read moreWhy is graph database not popular?
Graph databases are not as useful for operational use cases because they are not efficient at processing high volumes of transactions and they are not good at handling queries that span the entire database .
Read moreHow do I save a document in blockchain?
The most efficient method is to store a document’s hash on-chain while keeping the whole document elsewhere. The document could be stored in a centralized database or on a distributed file storage system. You would put the document through a secure hash algorithm like SHA-256 and then store the hash in a block.
Read moreHow records are kept in a blockchain database?
Blockchain also uses a distributed record-keeping system called a ledger that keeps track of changes to assets within the chain. Unlike a bank or financial accounting system, the ledger isn’t centralized, but is distributed to all the computers in the chain.
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