Databases
Data collection has become one of the biggest trends in almost any industry. So-called Big Data is what many business people see as the basis to make well-informed decisions.
Challenge
The problem is that such databases are constantly growing in size. This leads to overcomplication and makes retrieving actionable insights from the data extremely difficult and time-consuming, which makes managing the database inefficient.
Current centralized solutions are fast and usually support business needs, but require database administrators and other maintenance costs to keep them running. Centralization also means that the system may have a single point of failure, or be the single point of failure.
What Aleph Zero is doing
While blockchain databases are considered inefficient also due to their transaction and mining fees, Aleph Zero is completely mining-free. It could lay the foundation for minimal-fee decentralized databases.
Likewise, not every database should be redesigned as distributed ledger, but migrating them to Aleph Zero could bring many benefits to their owners. A decentralized ledger located on servers in multiple geographic locations is more difficult for cyber terrorists to attack. Additionally, there is no need to consider everything “decentralized” as “public.” Aleph Zero is able to run in public or private environments while its interoperability allows for a seamless integration of businesses operating on different types of blockchain.