Data Science Techniques For Cryptocurrency Blockchains

This book brings together two major trends: data science and blockchains. It is one of the first books to systematically cover the analytics aspects of blockchains, with the goal of linking traditional data mining research communities with novel data sources. Data science and big data technologies can be considered cornerstones of the data-driven digital transformation of organizations and society. The concept of blockchain is predicted to enable and spark transformation on par with that associated with the invention of the Internet. Cryptocurrencies are the first successful use case of highly distributed blockchains, like the world wide web was to the Internet. The book takes the reader through basic data exploration topics, proceeding systematically, method by method, through supervised and unsupervised learning approaches and information visualization techniques, all the way to understanding the blockchain data from the network science perspective. Chapters introduce the cryptocurrency blockchain data model and methods to explore it using structured query language, association rules, clustering, classification, visualization, and network science. Each chapter introduces basic concepts, presents examples with real cryptocurrency blockchain data and offers exercises and questions for further discussion. Such an approach intends to serve as a good starting point for undergraduate and graduate students to learn data science topics using cryptocurrency blockchain examples. It is also aimed at researchers and analysts who already possess good analytical and data skills, but who do not yet have the specific knowledge to tackle analytic questions about blockchain transactions. The readers improve their knowledge about the essential data science techniques in order to turn mere transactional information into social, economic, and business insights.

Get ahead of the curve—learn about big data on the blockchain Blockchain came to prominence as the disruptive technology that made cryptocurrencies work. Now, data pros are using blockchain technology for faster real-time analysis, better data security, and more accurate predictions. Blockchain Data Analytics For Dummies is your quick-start guide to harnessing the potential of blockchain. Inside this book, technologists, executives, and data managers will find information and inspiration to adopt blockchain as a big data tool. Blockchain expert Michael G. Solomon shares his insight on what the blockchain is and how this new tech is poised to disrupt data. Set your organization on the cutting edge of analytics, before your competitors get there! Learn how blockchain technologies work and how they can integrate with big data Discover the power and potential of blockchain analytics Establish data models and quickly mine for insights and results Create data visualizations from blockchain analysis Discover how blockchains are disrupting the data world with this exciting title in the trusted For Dummies line!

This book focuses on using artificial intelligence (AI) to improve blockchain ecosystems. Gathering the latest advances resulting from AI in blockchain data analytics, it also presents big data research on blockchain systems. Despite blockchain's merits of decentralisation, immutability, non-repudiation and traceability, the development of blockchain technology has faced a number of challenges, such as the difficulty of data analytics on encrypted blockchain data, poor scalability, software vulnerabilities, and the scarcity of appropriate incentive mechanisms. Combining AI with blockchain has the potential to overcome the limitations, and machine learning-based approaches may help to analyse blockchain data and to identify misbehaviours in blockchain. In addition, deep reinforcement learning methods can be used to improve the reliability of blockchain systems. This book focuses in the use of AI to improve blockchain systems and promote blockchain intelligence. It describes data extraction, exploration and analytics on representative blockchain systems such as Bitcoin and Ethereum. It also includes data analytics on smart contracts, misbehaviour detection on blockchain data, and market analysis of blockchain-based cryptocurrencies. As such, this book provides researchers and practitioners alike with valuable insights into big data analysis of blockchain data, AI-enabled blockchain systems, and applications driven by blockchain intelligence.

As technology continues to revolutionise today’s economy, Big Data, Blockchain and Cryptocurrency are rapidly transforming themselves into mainstream functions within the financial services industry. This book examines each concept individually, analysing the opportunities and challenges they bring and exploring the potential for future development. The authors further evaluate the fusion of these three important products of the FinTech revolution, illustrating their combined influence on the digital economy. Providing a comprehensive analysis of three innovative technologies, this timely book will appeal to scholars researching innovation in the finance industry and financial services technology more specifically.

Present book covers new paradigms in Blockchain, Big Data and Machine Learning concepts including applications and case studies. It explains dead fusion in realizing the privacy and security of blockchain based data analytic environment. Recent research of security based on big data, blockchain and machine learning has been explained through actual work by practitioners and researchers, including their technical evaluation and comparison with existing technologies. The theoretical background and experimental case studies related to real-time environment are covered as well. Aimed at Senior undergraduate students, researchers and professionals in computer science and engineering and electrical engineering, this book: Converges Blockchain, Big Data and Machine learning in one volume. Connects Blockchain technologies with the data centric applications such Big data and E-Health. Easy to understand examples on how to create your own blockchain supported by case studies of blockchain in different industries. Covers big data analytics examples using R. Includes lllustrative examples in python for blockchain creation.

Blockchain technology facilitates a decentralized database where business is rendered transparent without the involvement of middlemen. The first use of this technology was its application in digital currency (bitcoin). However, other potential uses of blockchain are yet to be explored. It is expected to have a major impact on cyber security, the internet of things, supply chain management, market prediction, governance, information management, and financial transactions, among others. Blockchain has redesigned the way in which people deal with their money due to its effectiveness, especially in terms of security. Therefore, from the data analytics point of view, investigation of the application of blockchain technology in a wide range of domains is crucial. In this context, this book provides a broad picture of the concepts, techniques, applications, and open research directions in this area, and will serve as a single source of reference for acquiring knowledge on this emerging technology.

Get ahead of the curve—learn about big data on the blockchain Blockchain came to prominence as the disruptive technology that made cryptocurrencies work. Now, data pros are using blockchain technology for faster real-time analysis, better data security, and more accurate predictions. Blockchain Data Analytics For Dummies is your quick-start guide to harnessing the potential of blockchain. Inside this book, technologists, executives, and data managers will find information and inspiration to adopt blockchain as a big data tool. Blockchain expert Michael G. Solomon shares his insight on what the blockchain is and how this new tech is poised to disrupt data. Set your organization on the cutting edge of analytics, before your competitors get there! Learn how blockchain technologies work and how they can integrate with big data Discover the power and potential of blockchain analytics Establish data models and quickly mine for insights and results Create data visualizations from blockchain analysis Discover how blockchains are disrupting the data world with this exciting title in the trusted For Dummies line!

Learn how to use AI and blockchain to build decentralized intelligent applications (DIApps) that overcome real-world challenges Key FeaturesUnderstand the fundamental concepts for converging artificial intelligence and blockchainApply your learnings to build apps using machine learning with Ethereum, IPFS, and MoiBitGet well-versed with the AI-blockchain ecosystem to develop your own DIAppsBook Description AI and blockchain are two emerging technologies catalyzing the pace of enterprise innovation. With this book, you’ll understand both technologies and converge them to solve real-world challenges. This AI blockchain book is divided into three sections. The first section covers the fundamentals of blockchain, AI, and affiliated technologies, where you’ll learn to differentiate between the various implementations of blockchains and AI with the help of examples. The second section takes you through domain-specific applications of AI and blockchain. You’ll understand the basics of decentralized databases and file systems and connect the dots between AI and blockchain before exploring products and solutions that use them together. You’ll then discover applications of AI techniques in crypto trading. In the third section, you’ll be introduced to the DIApp design pattern and compare it with the DApp design pattern. The book also highlights unique aspects of SDLC (software development lifecycle) when building a DIApp, shows you how to implement a sample contact tracing application, and delves into the future of AI with blockchain. By the end of this book, you’ll have developed the skills you need to converge AI and blockchain technologies to build smart solutions using the DIApp design pattern. What you will learnGet well-versed in blockchain basics and AI methodologiesUnderstand the significance of data collection and cleaning in AI modelingDiscover the application of analytics in cryptocurrency tradingGet to grips with open, permissioned, and private blockchainsExplore the DIApp design pattern and its merit in digital solutionsFind out how LSTM and ARIMA can be applied in crypto tradingUse the DIApp design pattern to build a sample contact tracing applicationGet started with building your own DIApps across various domainsWho this book is for This book is for blockchain and AI architects, developers, data scientists, data engineers, and evangelists who want to harness the power of artificial intelligence in blockchain applications. If you are looking for a blend of theoretical and practical use cases to understand how to implement smart cognitive insights into blockchain solutions, this book is what you need! Knowledge of machine learning and blockchain concepts is required.