Which type of analytics is commonly performed with IBM Blockchain?

Smart contract analytics is a crucial component when working with IBM Blockchain, as it focuses on the performance and optimization of transaction flows within blockchain networks. By analyzing smart contracts, organizations can identify patterns, assess efficiency, and understand how transactions are processed. This allows for the optimization of the execution of transactions, leading to improved operational performance and reduced costs.

The emphasis on optimizing transaction flows is particularly important in blockchain technology where transparency and efficiency can significantly affect performance. Analyzing smart contracts helps to ensure they are functioning as intended, identifies bottlenecks, and promotes best practices.

While other forms of analytics, such as financial auditing for compliance, predictive analytics for market trends, and risk analysis for potential fraud, are valuable within broader business contexts, they do not specifically pertain to the unique capabilities offered by IBM Blockchain related to smart contracts. This focus on smart contract analytics distinguishes it in the context of blockchain technology and highlights its importance for organizations looking to leverage blockchain effectively.