Chapter 8
Leveraging Advanced Blockchain Analysis Models
IN THIS CHAPTER
Motivating participants to contribute data
Incentivizing blockchain participation
Increasing analytics value with relevant data
Creating teams for the greater good
A successful and productive data analytics project is more than just an understanding of statistics. You learned about some basic models in the previous chapter, but just covering models isn’t enough. Lots of resources can help you learn how to build basic and sophisticated data analytics models. This book is unique in that I cover how to use those models in a blockchain environment. But even aligning blockchain data with analytics models isn’t enough to justify the effort.
The true value of data analytics in any environment lies in the proper alignment of the chosen models and the data to satisfy business goals. Without high-quality current data, even a great model won’t deliver the best results. Even if you build the perfect model that delivers the highest accuracy, it will almost certainly degrade over time. You must perpetually retrain models ...
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