Blockchain Data Analytics For Dummies. Michael G. Solomon
221
217 222
218 223
219 224
220 225
221 226
222 227
223 228
224 229
225 230
226 231
227 232
228 233
229 234
230 235
231 236
232 237
233 238
234 239
235 240
236 241
237 242
238 243
239 244
240 245
241 246
242 247
243 248
244 249
245 250
246 251
247 252
248 253
249 254
250 255
251 256
252 257
253 258
254 259
255 260
256 261
257 262
258 263
259 264
260 265
261 267
262 268
263 269
264 270
265 271
266 272
267 273
268 274
269 275
270 276
271 277
272 278
273 279
274 280
275 281
276 282
277 283
278 284
279 285
280 286
281 287
282 288
283 289
284 290
285 291
286 292
287 293
288 294
289 295
290 296
291 297
292 298
293 299
294 300
295 301
296 302
297 303
298 305
299 306
300 307
301 308
302 309
303 310
304 311
305 312
306 313
307 315
308 316
309 317
310 318
311 319
312 320
313 321
314 322
315 323
316 324
317 325
318 326
319 327
320 328
321 329
322 330
323 331
324 332
325 333
Introduction
Data is the driver of today’s organizations. Ignore the vast amounts of data available to you about your products, services, customers, and even competitors, and you’ll quickly fall behind. But if you embrace data and mine it like it contains valuable jewels, you could find the edge to stay ahead of your competition and keep your customers happy.
And the potential value you can find in data gets even more enticing when you incorporate blockchain technology into your organization. Blockchain is a fast-growing innovation that maintains untold pieces of information you could use to decrease costs and increase revenue. Realizing blockchain data value depends on understanding how blockchain stores data and how to get to it.
Blockchain Data Analytics For Dummies introduces readers to blockchain technology, how it stores data, how to identify and get to interesting data, and how to analyze that data to find meaningful information. You learn how to set up your own blockchain analytics lab and local blockchain to learn and practice blockchain analytics techniques. After you set up your analytics lab, you find out how to extract blockchain data and build popular analytics models to uncover your data’s hidden information.
About This Book
Blockchain technology is often described as the most important and disruptive technology of our generation. At its core, blockchain technology provides a novel way to add data to a ledger of transactions that is shared by other users whom you do not trust. Blockchain technology has the potential to change the way we conduct business at every level. And, while managing transactions between any two or more parties, any data related to the transaction gets stored on the shared ledger that can never be changed or deleted. The availability of unmodified history of transactions can be a huge advantage