@Nilo Welcome to forum 
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1- Data provenance is a historical record for any piece of data. Data provenance is “showing your work”, which means that in the case of digital currency it is possible to track the currency through the blockchain, because transactions are recorded at the blockchain, so by tracking many many many blockchain ledgers all around the world are verifying a transaction, blockchain enable digital provenance, because all these ledgers got to verify this specific transaction digitally .
2 - Why doesn’t a normal database bring the same provenance?
Because a blockchain is digital verified and stored, once it was written, it can not be changed or modified or erased or deleted or edited.
3 - Why is digital provenance such a great benefit to many businesses?
Because it allows us to be decentralized, when business can pay and receive payments safely without the permission of the swift system, then it means that a huge advantage/benefit is given to enlarge businesses all around the world.
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How does blockchain enable digital provenance?
The blockchain’s public ledger is distributed to all nodes on the network. Since every transaction is verified, its origin is publicly available and traceable.
Why doesn’t a normal database bring the same provenance?
A normal database is typically centralized, requiring connecting clients to trust the origin and validity of its data. Data can be added and removed without leaving a paper trail for clients to review.
Why is digital provenance such a great benefit to many businesses?
Digital provenance is extremely important to business so that they can track exactly where their money is going and how it is being spent. This also allows business to verify how their partners are utilizing sent and received goods and services.
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- By using a verified distributed ledger to verify transactions. The blockchain uses cryptography to solve mathematical algorithms.
- A normal database is not a distributed ledger,is not verified and does not use cryptography.
- It enables a verified, digital record of transactions and eliminates the need for an external human verification.
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1 - All transactions in blockchain can be verified and can not be changed. Your immutability and safer techinical structure allows it
2 - A normal database is centralized(can be attacked much more easily) and can be changed(its not possible to be verified with safety)
3 - Because its allows many different business to track the path of a certain product in a safier, cheaper, and efficient way. Can be applied in many different kind of business
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How does blockchain enable digital provenance?
We have all nodes in a block chain network, with a copy of a concise copy of the ledger, that is audited in real time. All entries are written, and can’t be altered , and after consensus, all nodes are have a propagated copy for public record, that shows who made record and when, that can’t be altered.
Why doesn’t a normal database bring the same provenance?
A normal data base is controlled in a centralized manor, where the owner can adjust entries if he sees fit. Data could be deleted, altered, as the owner sees fit, and provenance cannot be easily verified
Why is digital provenance such a great benefit to many businesses?
With up to date records, that are self audited, the distilled data fetched can be extremely accurate, reported in very short order. This data could be used to bring integrity to many processes.
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[quote=“ivan, post:1, topic:8423”]
- How does blockchain enable digital provenance?
Blockchain enable digital provenance because you don’t have to trust anything, you can verify and validate by yourself. - Why doesn’t a normal database bring the same provenance?
A regular database doesn’t offer the same provenance because you need to trust the database owner - Why is digital provenance such a great benefit to many businesses?
Digital provenance is a great benefit because it brings a better customer experience and total transparency
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The blockchain creates a recorded history of the passage of transactions regarding an asset that tell an accurate story of how that asset came to be what it is and possibly of what it is comprised.
A traditional databases is merely one entities record of information. That information is from only a single source, and is housed in a single location. the iformation has not been verified by other parties necessarily, nor does it necessarily record all of the nuance that may have interacted with or participated is nthe creeation or evolution of the that information or product.
The “trustless knowledge” that the blockchain provenance brings creates a verifiable history that translates into an authenticity and genuineness that ohter systems before have yet to be able to provide.
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- By recording all transactions in an unalterable digital ‘stone’ that is completely transparent.
- A normal database can be modified, and lacks transparency.
- At a minimum it removes the need for audits and simplifies the tracking of a supply chain/product/transaction. In that same vein, it brings transparency to the consumer and frees them of having to trust a third party at their word.
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There we go. Can’t wait to read other perspectives
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1: blockchain allows you to track all transactions made so you can see exactly where your product has come from
2: normal databases don’t bring the same provenance as record can be altered, changed or even lost due to either human error or to environmental factor such as a power outage
3:It shows real time audits and and accurate locations on where there products have been
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- Blockchain is immutable, all data that is saved can be seen by anyone interested and can not be changed afterwards.
- Data can only be accessed by authorized persons, and the saved data can be manipulated.
- Because it creates transparency and trust between business and client.
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Blockchain is a ledger whereby all data is stored. Data cannot be added or changed. Provenance is putting accounting and transactional layers together. This means being able to track and trace the transactions.
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A normal database is controlled whereby provenance allows verification.
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It creates verification rather than trust in terms of ingredients and involvement. Businesses are able to track and trace.
How does blockchain enable digital provenance?
Blockchains can trace/track all transactions and verify them with network.
Why doesn’t a normal database bring the same provenance?
A normal database isn’t distributed across a network that can verify its transactions.
Why is digital provenance such a great benefit to many businesses?
Digital provenance takes away the burden of having to pay to have your business audited because you can now do it in real-time.
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1.)
All transactions are unchangeable stored on the blockchain and can be viewed publicly at any time.
2.)
a normal database is the opposite. They are centralized and cannot be viewed openly. The audit is more expensive an time consuming. The stored data can also be manipulated.
3.)
Makes a real time audit possible, Data cannot be changed or manipulated (Trustless), The supply chains can be traced.
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1.entries on the blockchain can’t be altered and are tracable
2.info can be changed,hidden,deleted
3.improves trust,auditing,efficiency
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- Able to Track and trace, combines acc and transaction as 1.
2.Because a normal database is controlled by an organization
3.It creates verification instead of trusting
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great explanation…Now, I understand…
1.block chain is a open Leger where every transaction can be verified
2.a normal data base is centralized where we have to trust that the data will not be manipulated
3.products can be traced and verified
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