In many of my earliest videos (and actually in a monograph I’ve written) I’ve proposed that the next evolution in structured data analysis is like a search engine, but one which performs calculations, which creates metrics: a Metric Engine. Each URL in a search engine is more like a “transaction” than a balance. Search engines do not calculate balances. If they show a balance, it … Continue reading Blockchain, Metric Engines and the Coming Social Commerce Platform

This week’s episode points out that Analytical processes start with balances. We don’t open a bank statement and look at transactions, and ATM’s don’t have menu options that show us the last 300 transactions: we start with a balance. Blockchain does not really solve posting problems, which are at the heart of analytical needs for the coming social banking/commerce platforms. Posting turns transactions into balances, … Continue reading Analytics, Blockchain and the Coming Social Commerce Platform