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Hype for blockchain-based data management is creating myths around how the technology will replace traditional data management technologies. Data and analytics leaders must understand these myths, and the realities behind them, to manage business expectations and temper vendor enthusiasm.
Table of Contents
Myth 1: Blockchain Will Replace Existing Data Management Technologies
- Data Manipulation
- Throughput and Scalability
- Data Integrity
- Data Integration
Myth 2: Blockchains Are Inherently More Secure Than Alternative Data Stores
- The Magic Token
- The Data Vault
Myth 3: Emerging, Vertical-Specific Blockchain Data Platforms Simplify Vendor Selection
- Myth 1: Blockchain Will Replace Existing Data Management Technologies
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