Applying Blockchain Technology into Big Data: Advantages and Challenges
Hamed Taherdoost, Nazanin Moosavi, Nachaat AbdElatif Mohamed, Inam Ullah Khan · Procedia Computer Science · 2024
Big data and its analysis are crucial for other applications like the Internet of Things (IoT), data mining, cloud computing, etc. The volume of data is expanding along with the internet and other digital technologies. Traditional systems, however, cannot process this volume of data. Analyzing this much data will take a lot of work. However, there are several difficulties in assuring data security and privacy, such as safeguarding against data leakage and security breaches, flaws in open databases, and third-party data sharing, among others. This paper's goal is to analyze the benefits of blockchain in big data as well as its drawbacks and identify potential future approaches.