Sentences with phrase «traditional databases»

A way of partitioning data into subsets that takes its inspiration from traditional databases, the idea is that each node will only have to store a small chunk of the total network.
The mijin blockchains can replace traditional databases used in creating point systems, payment services, online games, airline mile programs, logistics, insurance and financial systems.
Unlike traditional databases, the blockchainis a distributed ledger with information replicated across a number of sources.
On the one hand, Big Data is an emerging paradigm for large scale distributed data management that aims at being able to process large amounts of data beyond the possibilities of traditional database technologies.
I've not really been convinced why this type of data needs to be stored on a blockchain or why it is suitable for this purpose compared to traditional database replication techniques.»
This New York City - based start - up — whose name is a play on the word humongous — processes huge data sets in a fraction of the time it takes traditional databases.
These highly sophisticated investors could not risk making billion - dollar decisions with models built on traditional databases like Compustat or Capital IQ.
Traditional database tools can not handle the complexity, and manual attempts to combine the databases would be prohibitively expensive.
Big data refers to the increasing interconnectedness of data, the melding of large, complex information sets that are nearly impossible to process using traditional database management and processing tools.
We spoke about how Snowflake differs from traditional database and BI vendors such as Amazon Redshift, Microsoft SQL Azure Datawarehouse, Google BigQuery, as well as old school companies like Teradaya, Oracle, Vertica, IBM Netezza and Hadoop installations.
Then there is a longer - term, and more theoretical, scaling idea that borrows from the world of traditional databases.
He asserted that he is not convinced of the applicability of blockchain technology in e-governance or why it is better than traditional database replication techniques in the management of votes, land registry and digital identifications.
This group of banks believe they can tremendously benefit from systems that rely on distributed ledgers as opposed to traditional databases used today.
Hurd said that customers of Oracle's traditional databases aren't going to move that work over to AWS» competitive services.
In - memory databases have gotten a lot of traction over the years with data experts because they can process data much faster than traditional databases and are good for analyzing information in real time.
We also learned how search Topsy keyword searches can lead to discovery of further useful hashtags and tweeters, in the same way that traditional database or catalogue searches will reveal informative authors.
«A private blockchain is hardly different from a traditional database.
The inherent redundancy of duplicating the entire ledger on every node of the network removes the single point of failure common to traditional databases.
In stark opposition to traditional databases, blockchains can be viewed as promoting a new paradigm for data storage, that is based upon:
- They tend to be decentralized, meaning there's no central authority behind them — unlike a traditional database, which can be shut down or censored at the will of its owner.
The information is stored on each computer, or «node», meaning it's decentralized and controlled by no one, unlike a traditional database.
PayPal's Harper Reed has dismissed «boring» Blockchain technology, choosing to stick to the traditional databases.
Overall, it promises greater security and lower costs than traditional databases.
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