Big data and blockchain

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 #How Blockchain Will Improve Your Big Data?
Introduction
Cryptocurrencies on the Internet, cryptocurrencies, or virtual currencies (VC), are digital representations of value that can be transferred, stored or traded electronically. Although it is a form of currency, it is not accepted by the central government or public institutions. However, it is a method of payment that people can admit. Currently, the most popular virtual currency is Bitcoin which depends on the concept of Blockchain. Blockchain is a distributed and shared ledger technology in which all transactions are securely recorded. Therefore, allowing any participant in a business network to see and check the validity of a transaction. 
Content
The application of blockchain in financial services will be highly benefiting from big data analysis. Thousands of blockchains interactively identify malicious users and malicious uses through big data analysis programs. At the same time, it is also possible to cluster and classify the data of the blockchain to evaluate the credibility or feasibility of this banking model, operators, and financial services. This technique can analysis algorithms that can be used in Blockchain analysis may represent a significant added value through which knowledge benefits can be extracted from a large number of blocks available. In particular, distributed techniques and models for data stream mining must be investigated and evaluated for real-time Blockchain analysis. With the advanced development of technology, more and more new fraud tactics have emerged. Big data analysis must be able to identify people who attempt to use Bitcoin as a channel for fraud. Therefore, the protection of safety mechanisms and solutions will become increasingly important. If the company can ensure safe use on security trading, it will help to improve the user's trust in the safety and legality of the company's financial transactions.

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