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Overview of Blockchain Platforms and Big Data

An emerging trend in industry and research is the need to deal with increasing complexity and volume of data when performing analytics. This has led to the rise of the topic of ‘big data’ systems within the financial technology sector, which we explore in this paper within the context of emerging blockchain technologies. Both big data and blockchain technologies have witnessed significant innovations, emerging new concepts, and use cases in a relatively short time. We discuss in this article these technologies in general, survey some projects and products that combine the two areas, and present a use case for these technologies in coming regulatory requirements for auditing and reporting under MiFID II.