the Bitcoin Blockchain

We use the Bitcoin Blockchain to send money from one address to another. With Ethereum smart contracts, individual addresses around the blockchain can call to get a function on a different address.

But still, the data is simply used for transactional or state-machine purposes.

What we willneed to be where is it going? Who is doing what? And what addresses can we identify as scammers or terrorist addresses -- hubs of this dark web?

Imagine if we could Tag those addresses. We could then generate a model to prevent money from going to an exchange or speech we understand to be the land of terrorists, drug dealers, or otherwise bad actors.

This would prove Useful for individuals, companies, and intelligence agencies. But such functionality would also allow us certain economic penetration, like the capability to forecast the price of a token over time, and that we can do by monitoring trends in speculation and motion.

Users can look in The blockchain and accessibility information pertaining to trades they and the people around them have left, but they can not do that on a broader scale or in a manner that's meaningfully visualized. Back in Ethereum, it's easy to monitor 1 consumer through ethers can, but not a lot of users

at once. This, obviously, prohibits us from doing potentially valuable things with that data, like tracking where money is moving.

1 reason for this is that the blockchain itself remains from the proof of concept stage. Its information structure has proven to be sound, but it has not evolved to the point at which it offers clear usefulness. It is still only a mechanism for storing data. But now that there is tons of data, it's the equivalent of the untapped gold mine.

But that will change soon. The information is there -- it is there to be used, and it's there to be experimented with.

In many ways, the Nascence of this blockchain looks like that of the net in its early stages.

After the Net First began, it was actually only a community of computers that were connected to one another.

But, when more and more people started using it, the number of data increased exponentially. People understood that when they were going to have the ability to use that info -- to learn from it, access it, read it, create more of it in a style that would enable different people to find it -- they would require some sort of improved search capability.

And that's one big Reason why search engines -- and later, social media platforms -- were created.

The blockchain is Due to get a similar reckoning.

On Ethereum and Bitcoin alone, millions of trades have been made. ICOs are created. We have entered a new era where this technology has been embraced on a scale similar to that of the internet in the early 90's.

This Type of Technology is already widely available in other sectors.

There are firms who collect and analyze data related to telephone calls, bank accounts, and messages, and supply that information to the FBI to aid in the hunt for suspects. Something similar could easily be constructed to monitor, analyze, and use data collected across the various blockchains.

All we need is an Interface laid in addition to this sort of philosophical base, together with software focused on answering questions such as, “What’s it I'm looking for? Which addresses am I searching for?"

It is only a matter of time before companies begin offering this type of functionality -- but the sooner, the better. Much value could be derived from the data on the blockchain; however, the blockchain can also be public and completely decentralized, meaning that anyone can do anything about it. Anybody can make an address and move money around.

Building mechanics to help us track and use information on the blockchain isn't only an opportunity. It is a means of maintaining our cash and our data -- safe. We could decentralize the storage and computation of the with jobs like Dxchain.

You will find numerous Big Data analytics improvements coming from this fact. For instance, fraud Avoidance, as the blockchain technology allows the financial Institutions check each trade real-time. Thus said, instead of assessing the records of this fraud which already happened, the banks can identify Risky or fraudulent trades on the fly and block the fraud entirely.

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