User Identities and Authentication: Storing user profiles, KYC details, and authentication credentials, where data accuracy and immediate consistency are non-negotiable.
Account Balances and Ledgers: Ensuring precise, atomic updates for every deposit, withdrawal, and trade, guaranteeing that user funds are always accurately reflected and auditable.
Order Management Systems: – from creation to execution or cancellation – maintaining strict integrity for active trading.
Compliance and Audit Trails: Providing immutable, timestamped records of all financial transactions, essential for regulatory reporting and internal auditing.
NoSQL Databases: These offer immense flexibility, horizontal scalability, dubai business fax list
and superior performance for unstructured or semi-structured data, and for handling massive streams of rapidly changing information. Various NoSQL solutions (e.g., Redis for caching, Cassandra for distributed data, specialized time-series databases) are likely utilized by bitFlyer for:
Real-time Market Data Feeds: Ingesting and serving high-frequency tick data, live order book snapshots, and streaming price updates, where speed and massive data ingestion are critical.
Historical Data Warehousing: Storing vast archives of historical trade data, candlestick patterns, and platform usage logs, optimized for quick analytical queries and big data processing rather than individual transactions.
Session Management and Caching: Providing ultra-low latency access for frequently requested data (e.g., popular trading pairs) and managing active user sessions to reduce load on primary databases.
This intelligent combination allows the "bitFlyer database" to simultaneously guarantee the absolute integrity of financial records while also delivering the blistering speed and massive scalability required for a top-tier cryptocurrency exchange.