Big Data Analytics with Blockchain

in bigdata •  7 years ago 

DATAVLT has come with an advanced data analytics platform to meet the business intelligence needs of every organization. The idea of combining Big Data and Artificial Intelligence and securing it with the Blockchain technology is a unique move to make sure the tool can be implemented to any organization, rather than the traditional Big Data which can be implemented by large corporations because of the hefty investment requirement.

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DATAVLT – What does it do?

DATAVLT primary focus is on consumer behavior that draws basic data using parameters derived from fields such as economics, sociology, and anthropology. Correlating the data with behavioral inputs like profiling, tonality, and sentiment allows for deeper and more meaningful analysis of the data because these parameters have the potential to create an infinite number of analytical scenarios that go beyond primary utility tracking.

Some real-world applications that can benefit from the insights drawn using behavioral analytics are:
• Tailored consumer experiences
• Highly targeted communications
• Focused and efficient resolution of customer service issues
• Risk management: Threat and Potential challenge detection
• Intimate understanding of customers/consumers for segmentation
• Insights into consumer preferences for different types of products and services

Why Blockchain Technology?

DATAVLT acknowledges the potential polymorphic capabilities of the Blockchain technology and will be leveraging its decentralized framework mainly on data exchanges to ensure auditable and accountable processing trails. The utility of this approach is scalable and can support volumes from small to large businesses and organizations.

Blockchain technology allows for disinter mediation, enhanced security, efficiency, and scalability because
It is immutable – meaning – a third party cannot make any changes to data.
It is secure – With no central point of failure and secured with cryptography, applications are well protected against hacks, attacks, and fraudulent activities.
It has Zero Downtime – Apps can never go down and can never be switched off.

Using blockchain technology has many advantages and it makes the entire platform completely secure and tamper-proof.

Find out more about us:

DATAVLT Website — http://datavlt.com/

DATAVLT Telegram — https://t.me/datavault

DATAVLT Twitter — https://twitter.com/datavlt

DATAVLT Facebook– https://www.facebook.com/datavlt

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