as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is a nosql database?
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nosql databases are non-relational databases that are often used for storing large amounts of data. they provide an alternative to traditional sql databases which require a predefined schema and are optimized for handling structured data. nosql databases offer greater scalability and flexibility than traditional sql databases, and are often better suited for applications that require a distributed architecture and/or require high availability.
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