We have studied what a database and blockchain are, and have also compared the two. Henceforth, let’s emphasize understanding by discussing the implementation of these two data storage technologies. This information is expected to help you be wiser in deciding whether to use a database or blockchain.
Database implementation and use case
Databases can be the right solution for the mechanism of storing and processing company or network data. Database superior in terms of stability to the entire network. Its use is relatively easy and is supported by several popular management systems for developers and administrators.
The company and network that we mean, for example, website. The database is still relied upon to store, process and present content. Forbes is one of the best examples of websites that use databases in conjunction with high-end systems.
Scalability is another advantage of the database, so many companies and networks use it. This aspect is also a mainstay of the stock business that uses databases for fast operations in the data flow.
Even so, blockchain use cannot be underestimated in writing and reading data on corporate networks. But if you need to store large amounts of numerical information is used regularly, Blockchain is indeed not recommended. In other words, you are better off choosing a database for this kind of case.
The database is also considered superior to the Blockchain because when storing data, we don’t need to go through the verification stage. This will undoubtedly save time and energy. On the other hand, the database is still widely chosen because it is much lower than the Blockchain.
If it must be described, the database has advantages over the blockchain when viewed from the following aspects.
- The application or system utilizes a continuous data flow.
- Able to store confidential information.
- Able to process online transactions quickly.
- It does not require verification when writing data, so it saves time and effort.
- Present relational data.
Use cases and Blockchain Implementation
When the database excels on one side, the blockchain excels on the other. Because the purpose of using this technology is far different from the database.
In essence, any system that requires verification is very appropriate when using a blockchain and become a bitcoin billionaire—the closest example of using blockchain in B2B transactions or business to business. The deal includes recording the supply chain, inventory management, and distribution. Also you can read more about history of virtual currency
The use of blockchain for various transactions will be safe and reliable because the system is transparent. This allows businesses to follow every move without having to go through a lot of hassle. As mentioned earlier, blockchain is still a new technology and is still in the development stage. So, for now, the use of blockchain on a large scale will slow down the system.
The next blockchain implementation can be seen in Bitcoin. One of the most popular digital currencies is it allows anyone to send assets from one place to another without revealing their identity. Bitcoin can also ensure there are no potentially harmful double transactions.
Further implementation of the blockchain can be found on specific networks that are permitted, such as voting. A decentralized approach to the blockchain will bring trust and transparency to the entire voting system. Even so, the use of blockchain must be adjusted to the needs. It is essential to underline that the blockchain is non-relational, so it is not ideal for systems that rely heavily on relational information.
If it must be summarized, the advantages of blockchain compared to the database seen from its implementation are as follows:
- Clear transfer value.
- Suitable for monetary transactions.
- Trusted data verification.
- The election system can be transparent and reliable.
- The application is decentralized so that it is accessible to everyone.
Although the two are often equated, it seems that these two technologies are far different in terms of performance, function and implementation. If you need a trusted and transparent transaction, use blockchain. But if you need fast and optimal performance, then you can choose from a database.
In the end, it all depends on the needs and effectiveness of performance. Even so, you still have to prioritize choices based on knowledge so that business steps can always be practical.