This video shows why middleware and streaming analytics is relevant for any blockchain project. It discusses how to leverage stream processing and how to integrate with blockchain events. The focus was on integration of TIBCO StreamBase and Ethereum Blockchain. But the same can be done easily for any Hyperledger Blockchain like IBM’s Fabric, IROHA or Intel’s Sawtooth Lake, or others like R3 Corda or Ripple. For smart contract deployment, I use Browser Solidity and MetaMask. But the same can be achieved with TIBCO StreamBase (or BusinessWorks, too). The live demo can be watched on Youtube.
The outlook includes some upcoming topics like
– Live Visualization for Real Time Monitoring and Proactive Actions
– Cross-Integration with Ethereum and Hyperledger Blockchains
-Data Discovery for Historical Analysis to Find Insights and Patterns
– Machine Learning to Build of Analytic Models
– Application Integration with other Applications (Legacy, Cloud Services, …)
– Native Hardware Integration with Internet of Things Devices
Some use cases / real world examples:
– Banking: Data Discovery for compliance issues, fraud or other anomalies
– Stock / Energy Trading: Subcribe to events (e.g. price went over a threshold) – event correlation and proactive live UI
– Manufacturing / Internet of Things: Supply chain management with various partner companies (maybe even various blockchains)
– Many other use cases…
Thanks to my colleague Steven Warwick for implementing the StreamBase connectors and demo!
For more information about blockchain + middleware + analytics, go to https://community.tibco.com/wiki/blockchain-combination-integration-event-processing-and-analytics
