IoT-Driven Big Data Analytic to Automate Blockchain Adaptation
Keywords:
IoT, Big data, Automate, Blockchain adaptation, NFTAbstract
The convergence of Internet of Things (IoT), big data analytics, and blockchain technology presents a transformative paradigm for automating and enhancing blockchain adaptation. By leveraging IoT-driven big data analytics, organizations can seamlessly integrate and analyze vast volumes of data generated by interconnected devices. This wealth of data provides valuable insights into real-world processes, enabling informed decision-making and precise identification of areas where blockchain can bring significant benefits. The interconnected nature of IoT devices facilitates the creation of a transparent and secure data ecosystem, and the data generated becomes the fuel for blockchain adaptation. Through sophisticated analytics, patterns, trends, and anomalies within the data can be identified, informing the development of smart contracts and decentralized applications (DApps) tailored to specific use cases. This approach not only automates the integration of blockchain but also ensures its optimal utilization, addressing challenges such as scalability and interoperability. As a result, the synergy between IoT, big data analytics, and blockchain fosters a dynamic environment where decentralized systems can evolve organically, driven by real-world data insights and adaptive to the evolving needs of diverse industries. Present research is considering total supply, brand, stacking cost and royalty during big data analytic to automate the adaptation of blockchain.
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