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RESEARCH
Blockchain in Analytics & Graph Analytics however predicts, the use of analytical graphics ANALYSIS
processing and graphics databases to grow by 100% TRENDS
The promise of the blockchain is gigantic: it contains annually in the next two years, which allows carrying
cryptographically protected data that cannot be out complex data science much faster. A special
changed. The data can only be shared and application of Graph Analytics (graphic-capable
supplemented by a network of participants, so that semantic knowledge graphs. like the well-known
everyone always has the latest data/information at the ‘Google Knowledge Graph’) forms the basis for many
same time. Of course, this is extremely complex. Even natural language processing / conversational analytics
so, blockchain technology has long been considered data structures and enormously enriches many data
one of the technologies that will revolutionize retail. processes. Generally, graph analytics describe several
Analytics use cases would be, for example, fraud analytical techniques that make it possible to
analysis, auditing processes or data sharing between investigate relationships between organizations,
different organizations. However, due to the blockchain people, and transactions. ◊
-based applications that have so far not been
convincing, many experts label this trend as hype. Well, By Daniela La Marca
we will see how it develops over the long term. Gartner
7 May 2020: Natural language processing & conversational analytics: data quality beyond reproach