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Analysing data from a bunch of transactions (block of a blockchain) can lead to optimisation of business decisions

Author

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  • Zoannos M. Nikolaos
  • Assimakopoulos Nikitas

Abstract

Business intelligence (BI) is a technology-driven process for analysing data and presenting reports, which helps managers and executives to make better business decisions. In order to achieve a proper data analysis and an optimised visualisation, a variety of tools, applications and methodologies can be used. Those analytical results consist of the driving force of business decision-making process that is why the methodologies that are going to be used in each case must be chosen carefully. Systems science provides methodologies suitable for data analysis. So, the main purpose of our study is to present to you how the systems thinking and systemic methodologies like DCSYM, systems dynamics, etc., can be applied on blockchain technologies (BT). Also, through the different sections of this study we will present a stage of a multi-methodology that we are developing for the systemic management of blockchain technologies.

Suggested Citation

  • Zoannos M. Nikolaos & Assimakopoulos Nikitas, 2022. "Analysing data from a bunch of transactions (block of a blockchain) can lead to optimisation of business decisions," International Journal of Applied Systemic Studies, Inderscience Enterprises Ltd, vol. 9(3), pages 293-304.
    • Handle: RePEc:ids:ijassi:v:9:y:2022:i:3:p:293-304
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