BLOCKCHAIN IN BUSINESS INTELLIGENCE - STRATEGIES FOR A DATA-DRIVEN FUTURE

ICTACT Journal on Data Science and Machine Learning ( Volume: 5 , Issue: 1 )

Abstract

Blockchain technology has emerged as a modern force inside the discipline of enterprise intelligence (BI), allowing companies to save, examine, and proportion information in an immutable and relaxed decentralized gadget. The center idea of block chain is a disbursed ledger era which enables the advent of a relaxed and transparent network for information control. This modern method of facts storage and processing can convert the conventional BI landscape by imparting greater efficient, correct, and dependable information evaluation. One of the key benefits of using block chain in BI is its capability to hold the integrity and authenticity of statistics via its decentralized and tamper-proof layout. It guarantees that statistics can be trusted and confirmed without the need for a government. In addition, using smart contracts in block chain permits for automated data processing, reducing human error in the analysis system.

Authors

V. Aravinda Rajan, T. Marimuthu
Kalasalingam Institute of Technology, India

Keywords

Intelligence, Dependable, Transparent, Disbursed, Blockchain

Published By
ICTACT
Published In
ICTACT Journal on Data Science and Machine Learning
( Volume: 5 , Issue: 1 )
Date of Publication
December 2023
Pages
565 - 568