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What is Big data in simple words? Application and perspectives of big data



After 10 years, the world will move into a new era – the era of big data. Instead of a weather widget on the smartphone screen, he himself will tell you what is best to wear. At breakfast, the phone will show the road along which you will quickly get to work and when you need to leave.

Under the influence of Big Data, everything that a person does not touch will change. We will figure out what it is, and also consider the real application and prospects of the technology.

What is Big data?

Big data is an information processing technology that surpasses hundreds of terabytes and grows exponentially over time.

Such data is so large and complex that none of the traditional data management tools can store or efficiently process it. A person is not able to analyze this volume. For this, special algorithms have been developed that, after analyzing big data, give a person understandable results.

Big Data includes petabytes (1024 terabytes) or exabytes (1024 petabytes) of information that make up billions or trillions of records of millions of people and all from different sources (Internet, sales, contact center, social networks, mobile devices). As a rule, information is poorly structured and often incomplete and inaccessible.

How does Big-Data technology work?

Users of the social network Facebook upload photos, videos and perform actions every day for hundreds of terabytes. No matter how many people participate in the development, they will not cope with the constant flow of information. In order to further develop the service and make sites more comfortable – introduce smart content recommendations, display ads relevant to the user, hundreds of thousands of terabytes are passed through the algorithm and receive structured and understandable information.

Comparing a huge amount of information, it finds the relationship. These relationships are likely to predict the future. To find and analyze a person helps artificial intelligence.

The neural network scans thousands of photos, videos, comments – the very hundreds of terabytes of big data and gives the result: how many satisfied customers leave the store, whether there will be a traffic jam in the coming hours, what discussions are popular on the social network and much more.

Methods of working with big data:

  • Machine learning
  • Mood analysis
  • Social network analysis
  • Learning Rules Association
  • Classification Tree Analysis
  • Genetic Algorithms
  • Regression analysis

Machine learning

You look at the news feed, like Instagram posts, and the algorithm examines your content and recommends similar ones. Artificial intelligence learns without explicit programming and focuses on forecasting based on well-known properties extracted from sets of “training data”.

Machine learning helps :

  • Distinguish between spam and non-spam email
  • Explore user preferences and give recommendations
  • Identify the best content to attract potential customers.
  • Determine the probability of winning a case and set legal fees

Mood analysis

Mood analysis helps :

  • Improve hotel chain service by analyzing guest comments
  • Customize incentives and services to meet customer needs
  • Determine from opinions on the social network what customers are thinking.

Social Network Analysis

Social network analysis was first used in the telecommunications industry. The method is used by sociologists to analyze relationships between people in many fields and commercial activities.

This analysis is used to :

  • See how people from different population groups form relationships with outsiders
  • Find out the importance and influence of a specific person in a group
  • Find the minimum number of direct connections to connect two people
  • Understand the social structure of the customer base

Learning Association Rules

People who don’t buy alcohol take juices more often than lovers of strong drinks?

Studying association rules is a method for discovering interesting relationships between variables in large databases. For the first time, it was used by large supermarket chains to discover interesting relationships between products using information from supermarket outlet systems (POS).

Using association rules :

  • Place products closer to each other to increase sales
  • Extract website visitor information from web server logs
  • Analyze biological data
  • Track system logs to detect intruders
  • Determine if tea shoppers take sodas more often

Classification Tree Analysis

Statistical classification defines the categories to which the new observation belongs.

Statistical classification is used for :

  • Automatic assignment of documents to categories
  • Classification of organisms into groups
  • Developing profiles of students taking online courses

Genetic Algorithms

Genetic algorithms are inspired by how evolution works, that is, through mechanisms such as inheritance, mutation, and natural selection.

Genetic algorithms are used for :

  • Scheduling doctors for emergency departments in hospitals
  • Calculation of optimal materials for the development of fuel-efficient cars
  • Creating “artificially creative” content such as puns and jokes

Regression analysis

How does a person’s age affect the type of car he buys?

At a basic level, regression analysis involves manipulating some independent variable (like background music) to see how it affects the dependent variable (time spent in the store).

Regression analysis is used to determine:

  • Customer satisfaction levels
  • How the weather forecast for the previous day affects the number of calls to support
  • How the area and size of houses affect the price of housing

Data Mining – how Big Date is collected and processed

Uploading big data to a traditional relational database for analysis takes a lot of time and money. For this reason, special approaches have appeared for the collection and analysis of information. To obtain and then retrieve the information, combine and place it in a “data lake”. From there, artificial intelligence programs using complex algorithms look for repeating patterns.

Storage and processing takes place with the following tools:

  • Apache HADOOP is a packet-oriented data processing system. The system stores and tracks information on several machines and scales to several thousand servers.
  • HPPC is an open source platform developed by LexisNexis Risk Solutions. HPPC is known as the Data Analytics Supercomputer (DAS), which supports data processing both in batch mode and in real time. The system uses supercomputers and clusters from conventional computers.
  • Storm – processes information in real time. Uses the open source Eclipse Public License.

The real application of Big Data

The fastest growth in spending on big data technology occurs in the banking, healthcare, insurance, securities and investment services, as well as in telecommunications. Three of these industries are in the financial sector, which has many useful options for Big Data analysis: fraud detection, risk management, and customer service optimization.

Banks and credit card companies use big data to identify patterns that indicate criminal activity. Because of this, some analysts believe that big data can benefit cryptocurrency . Algorithms will be able to detect fraud and illegal activities in the crypto industry.

Thanks to cryptocurrencies such as Bitcoin and Ethereum, the blockchain can actually support any type of digitized information. It can be used in the Big Data field, especially to improve the security or quality of information.

For example, a hospital can use it to ensure the safety, relevance of patient data and to fully preserve their quality. By placing health databases on the blockchain, the hospital provides all its employees with access to a single, unchanging source of information.

Just as people associate cryptocurrency with volatility, they often associate big data with the ability to sift through large amounts of information. Big Data helps track trends. A lot of factors influence the price and big data algorithms will take this into account and then provide a solution.

Prospects for Using Big Date

Blockchain and Big Data are two evolving and complementary technologies. Since 2016, blockchain is often discussed in the media. This is a cryptographically secure distributed database technology for storing and transmitting information. Protecting private and confidential information is an urgent and future big data problem that the blockchain can solve.

Almost every industry has begun investing in Big Data analytics, but some are investing more than others. According to IDC, they spend more on banking, discrete manufacturing, process manufacturing and professional services. According to Wikibon research, revenue from sales of programs and services on the world market in 2018 amounted to $ 42 billion, and in 2027 it will overcome the mark of $ 100 billion.

Neimeth estimates that the blockchain will account for up to 20% of the total big data market by 2030, generating up to $ 100 billion in annual revenue. This exceeds the profit of PayPal, Visa and Mastercard combined.

Big Data analytics will be important for tracking transactions and will allow companies using the blockchain to identify hidden schemes and find out who they interact with on the blockchain.

Big data market in Russia

The whole world, including Russia, uses Big Data technology in banking, communications and retail. Experts believe that in the future technology will be used by the transport industry, the oil and gas and food industries, as well as energy.

IDC analysts have recognized Russia as the largest regional BDA market. According to estimates this year, revenue will approach $ 1.4 billion and will account for 40% of total investment in the big data sector and business intelligence applications.

Publication date 08/22/2019
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TRON (TRX) cryptocurrency review – forecasts and prospects, current rate



5/5 (1 vote)

Cryptocurrency TRON (TRX) is a decentralized protocol based on blockchain technology designed to create a global entertainment network with free content.

In simple terms, TRON is a service similar to all well-known social networks and platforms where users have the opportunity to publish, view and use any available content for entertainment, for example, online games.

The TRON project is currently developing the idea of joint consumption, which is that on a single global platform, users will be able to share entertainment content.

Official TRON cryptocurrency website:

Analysts call this platform the broadcast of the modern entertainment industry. In general, the functioning of this system is as follows:

  1. The author or copyright holder publishes the result of his intellectual work on the official website. You can download anything from literary novels to an author’s song or art on a specific topic. Next, the participant uploads information about how his creation can be used (as an accompaniment to another work or as an independent product). Nearby, he indicates the price of his work.
  2. Another user who is interested in this work acquires it for the local currency Tron (TRX). However, users should remember that it is impossible to purchase this or that product on this resource using fiat money (dollar, euro, rubles, etc.). The system has its own cryptocurrency , which must be purchased at exchangers or exchanges in order to complete a transaction.
  3. As soon as the interested user has acquired the result of intellectual work, the amount indicated by him is transferred to the author’s account. The author can use the tokens at his discretion – purchase a work from another author, simply save money in his account, or exchange it for another cryptocurrency or fiat funds.

About what TRX is, initially interested in all users who are just starting their activities on the site. This resource uses several types of tokens for different purposes:

  • Tron (TRX) . This is the main currency of the system. For this currency you can buy or sell the results of your intellectual work. If necessary, the owner of a certain amount in this currency can exchange it for fiat money or other cryptocurrency.
  • Tron Power It is impossible to purchase or exchange other money for a given currency. The only way to get them is to secure the TRX currency on the site platform. In this case, they are converted to TR. The presence of such tokens gives advantages to their owner. For example, the holder of a TR has the right to vote for one or another change in the system, or to oppose them.
  • TRON 20 . Coins owned by developers. With the help of them, they create new full-fledged blockchains with new tokens.

The TRON cryptocurrency issue is limited, 100 billion coins have been issued at present. However, it is worth considering another point – starting in 2018, tokens begin to be burned (they are meant to be forwarded to an address known only to developers). The last major burn was in June last year, but how often such procedures will be carried out is currently unknown.

project team

The team of this project has on its side professionals working in various fields. The founder of the platform and the creator of TRX Coin is Justin Sun , who also created a social network with an audience of 10 million people. In 2017, Forbes magazine included Justin on his list as one of the most successful entrepreneurs, who was not yet 30 years old.

The technical director of the project is Lucien Chen , who has extensive experience in working for large Internet companies. He is perfectly versed in blockchains and the principles of functioning of cryptocurrencies.

Deus Yu , responsible for quality control, has been working in the computer games industry for a long time. According to Justin Sun, the experience of Deus will come in handy a little later, when the platform gains even greater popularity.

Charles Zhang , an adviser who is well versed in a business not related to cryptocurrencies and blockchains. He has repeatedly lectured on the basics of entrepreneurship, with which he was invited to many universities. Charles made a huge contribution to the promotion of the platform at the initial stage.

Blockchain Browser

Block Explorer is a search tool that allows you to view the addresses of wallets involved in the system, blocks, as well as data of transactions completed or committed. It can be compared with standard browsers, with the help of which an ordinary user searches for the information he needs on the Internet.

For each cryptocurrency, a personal Block Explorer is created that shows the network status for a given period of time. For the Tron cryptocurrency, such a Block Explorer is called TRONSCAN , where users can get all the information they need ( ).

How to mine Tron?

The developers of the platform did not provide for mining the Tron cryptocurrency , since they had already created all the necessary coins. In addition, the creators talked about the scheme according to which their cryptocurrency will work:

  1. 40% of the total number of coins will go on sale to enable the project to develop further.
  2. 15% of the remaining amount is allocated for acquisition by investors. Investors are players who, after the main sale of coins, will be ready to purchase tokens further.
  3. The remaining funds are “frozen” and remain in the accounts of the company owners.

Justin Sun explained that perhaps mining will be provided in the future when the company gains the necessary popularity.

TRX Token Wallets

The user can choose one of two options for storing Tron coins (TRX):

  • Storage of tokens on the exchange;
  • Creating your own crypto wallet.

With proper use, wallets provide a higher level of security. All types of wallets for Tron (TRX) are described in detail in this review .

Buying and selling TRX coins

You can buy a Tron on popular crypto exchanges , we recommend that you use the first 15 exchanges, and do not forget to install additional account protection. On the selected exchange, you must go through the registration procedure, after which you will be given a personal wallet, as well as its address.

The most popular and safe exchangers where you can buy and sell Tron:

The exchange rate of the Tron cryptocurrency against the ruble as of October 28, 2019 is 1.29 rubles per 1 coin. For a detailed analysis of the course and chart of coins, we recommend that you look at the Coinmarketcap website.

Development Perspectives and Company Roadmap

A distinctive feature of the project is its roadmap, which is scheduled until 2027. It is divided into several stages:

  1. Exodus It lasts from 2017 to 2018 and is considered officially completed. During this period, information about the project was actively disseminated, as well as developers were engaged in improving tools for using the site.
  2. Odyssey . Accounted for 2019-2020. During this time, developers will pay special attention to the economic development of the platform.
  3. Great Voyage . Captures July 2020 and ends in July 2021. Implementation of a personal ICO system, and third-party developers will have the opportunity to launch their own ICOs.
  4. Apollo It lasts from March 2021 to March 2023. Creating a decentralized exchange platform.
  5. Star Trek . It begins in April 2023 and ends in September 2025. Creation of a decentralized platform for the development of any computer games.
  6. Eternity . It starts in September 2025 and ends in September 2027. Platform users will have the opportunity to create their own playgrounds.

The developers mentioned that if these plans are implemented, a new roadmap will be created in the future, which will begin in 2028.

When analyzing the active nodes of the Tron cryptocurrency, you can notice the scale of the development of the project, where the majority of servers are located in the USA, China and Germany.

The forecast for Tron cryptocurrency from leading analysts suggests that, taking into account the current features of the crypto asset, in the future the project can absorb the entertainment market. And this means that in 2020 the value of one coin is able to stand on one level with the dollar.

Main competitors Tron

The project has two main competitors – Qtum and Ethereum . Each competing company has its own advantages, for example, the first has a more advanced platform in terms of technology, and the second wins due to smart contracts and fame.

Analysts are confident that the Tron platform will still have to fight for its users, since the developers are aimed at a specific audience. However, the Throne does not have special advantages that would distinguish the project from its competitors, which could become a serious problem in the future.


Tronix cryptocurrency has good prospects for further development, since the project itself is one of the most ambitious among others. However, at present it is not in demand. Investing in such a project will bring quite large risks, however, long-term investments can bring the investor good profit.

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The largest exchange Binance has the opportunity to deposit / withdraw deposits in rubles



5/5 (1 vote)

The Binance cryptocurrency exchange this Wednesday activated the possibility of making deposits in Russian rubles.

According to the instructions provided on the website, deposit / withdrawal of funds is carried out through the AdvCash payment system , including using bank cards. The commission for the deposit in this case is 3%, for the withdrawal – 2.5% plus 50 rubles.

To deposit / withdraw assets in rubles, you need to go to the “Buy cryptocurrencies” tab in the upper control panel or select the “RUB” currency in the user's wallet, then indicate the desired direction of payment and other necessary data.

Trading pairs for exchanging the ruble for cryptocurrencies on the Binance platform have not yet been presented.

Earlier today, CoinDesk published excerpts from a conversation with Binance CEO Changpen Zhao during his visit to Moscow last week.

“We are always looking for partners in any community, especially in Russia. Russia is a key market for us, it is one of the most active markets in the global blockchain space, ” he said then.

Zhao also confirmed that Russia is included in the Venus project, in which Binance intends to launch several regional stablecoins.

“We are working with potential issuers of stablecoin tied to fiat currency. We do this in all jurisdictions, in Russia in particular, we are looking for partners, ” he added.

Last week, Binance listed its first cryptocurrency pairs on its main platform, starting with Nigerian naira. The exchange also supports fiat trading at selected sites in Uganda, Singapore, the United States and Jersey.

Publication date 10/30/2019
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Technical analysis: the cryptocurrency market is ready for a new growth wave



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RoboForex lead analyst Dmitry Gurkovsky talks about further possible scenarios of the price movement of bitcoin and several popular altcoins .

Buyers managed to show a good bounce up. At the moment, assets such as Bitcoin and Bitcoin Cash look very interesting in the context of continued growth. Moreover, if the BCH / USD chart shows the formation of a reversal pattern of the inverted “Head and Shoulders” in favor of growth, then BTC is just getting ready to leave the channel and continue a confident upward movement.

Unfortunately, the assets of Ethereum, Litecoin and EOS are still under pressure. There are several signals from daily charts in favor of moving down. However, if the bulls manage to break through the next resistance levels, then these assets will be ready to move to the phase of sustainable growth.

In general, the cryptocurrency market looks ready for the start of a new wave of recovery. The bulls can only hold the current levels and rise a little higher to deprive the bears of all chances to continue the downward correction.

Bitcoin (BTC)

Quotes showed an aggressive rebound from the support level. However, the price tested resistance in the form of a downtrend near the $ 9800 area. To continue the rise by the buyer, it is important to “push” prices even higher.

A good signal in favor of a likely continuation of growth is the breakdown of a downward trend line on the RSI indicator. In most cases, a return to the broken line occurs, after which we should expect continued growth. As the main trading idea, you can take a slight correction to the level of $ 7700, after which you can talk about a rebound and upward movement.

Cancellation of this option will be a fall in the quotes of the digital asset below the level of $ 6875, which will indicate a breakdown of the lower boundary of the channel and continued decline.

On the 4-hour chart, cryptocurrency quotes were able to leave the limits of the short-term downward channel. Such a signal is the first sign of a potential reversal of the current downward correction. However, confirmation of the completion of the fall will be a strong growth with consolidation above the level of $ 10,995, which will indicate a way out of the downward channel. In this case, the target of the movement will be the area of $ 12,405.

The values of the RSI indicator again pushed off the resistance level, so we should expect a decrease and a test of the broken channel boundary. After this movement, we can talk about the beginning of growth towards the goal at the level of $ 10,995.

Ethereum (ETH)

Ethereum buyers also managed to keep quotes in the support area, which is located at $ 147. At the moment, the price has once again returned to the area between the moving averages, which may provoke an attempt to further decline.

In favor of this option is a rebound from the downward resistance line on the RSI indicator. As the main idea, we should expect a rebound from the lower border of the rising channel and the continuation of the fall to the first target at $ 147. Its breakdown will open the way for the movement of quotations to the level of $ 100. Cancellation of the negative option will be a breakdown of the Moving Averages and the consolidation of ETH / USD above the level of $ 239. In this case, we can talk about continuing the rise to the goal at the level of $ 280.

On a 4-hour chart, quotes are clamped in a downward channel. The values of the RSI indicator are testing the resistance line again, so we can expect a rebound and fall in the quotes of the digital asset to the level of $ 150.

In favor of this option, a test of the upper boundary of the downward channel will also come forward. Cancellation of the proposed forecast will be a breakdown of the resistance level and consolidation above $ 202, which will indicate the exit of quotes beyond the rising channel. In this case, the target of the rise will be the level of $ 239.


Forecasts of financial markets are the private opinion of their authors. Current analysis is not a guide to trade. RoboForex is not responsible for the results of work that may arise when using trading recommendations from the submitted reviews.

Publication date 10/30/2019
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Name Price24H (%)
Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
Stellar (XLM)
Litecoin (LTC)
Cardano (ADA)
Tether (USDT)
Monero (XMR)


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