How 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

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Is blockchain a flop?

Big business is adapting to blockchain There have been flops . … The Australian Securities Exchange ASX has been planning to replace its clearing system with a blockchain-based system. It has been in development since 2015; the latest estimate for its deployment is spring 2021.

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Does blockchain have a future?

It is expected that blockchain will expand its scope of usability in many more sectors including finance, data analysis, and the Internet of Things with the advent of 5G . Usage of the Blockchain system in different sectors apart from cryptocurrencies and NFTs can easily save time, money and solve many problems.

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