What is Big Data Block?
Big Data Block (BDB™) combines Big Data solutions and blockchain technology utilizing Ethereum’s smart contract and token capabilities. BDB™ democratizes Big Data for everyone. Combining the best of Big Data and the best of blockchain we remove the deep technical skills and costs needed to leverage a Big Data environment and becoming the first BDaaS (Big Data as a Service) on a blockchain. Introduction
PROBLEMS WITH BIG DATA
There are a multitude of issues currently with Big Data including but not limited to cost–it’s prohibitively expensive, accessibility–the vast majority of organizations in the world lack the capacity to implement any type of Big Data solution, and security–even the largest multi-hundred million dollar Big Data environments are susceptible to being hacked. Every day, we create 2.5 quintillion bytes of data. To put that into perspective, 90 percent of the data in the world today has been created in the last two years alone – and with new devices, sensors and technologies emerging, the data growth rate will exponentially accelerate.
We make Big Data computational analysis accessible, inexpensive, and more secure. Accessible–via a simple and streamlined GUI. Inexpensive–via our simple pricing tiers with 1000% annual savings over traditional Big Data. Secure–via BDB™ encryption. By using blockchain technology we spread the computing burden across a multitude of computing devices in the BDB™ global blockchain ecosystem. BDB™ is built and optimized to focus solely on Big Data analysis and removes all the associated headaches. In addition, in order to foster the sharing of knowledge, we’ve created the BDB™ Knowledge Exchange (KE), a portal that allows people with technical and/or data science skills to offer their services to anyone that needs this help. The marketplace matches our customers with technical support experts.