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Because it´s fully decentraliszed and work like a digital stone where you can add information but never erase.
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Blockchain is runned by nodes who verify the data there for it can not be corrupt.
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Businesses will have data secured in the same un corrupted database where they can easily keep up of the supply chains. Most importently they won´t be needing expencive audits from third party companies because all the data is stored in the transactions.
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blockchain enables digital provenance by being immutable. Once a transaction is validated and put on the blockchain it can not be modified.
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A normal database usually a relational one can be modified by anyone who has the authority to do so.
3… It allows them to trust that the blockchain has not been tampered with and simplifies auditing,
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Digital provenance is possible using blockchain technology because of blockchain’s inherent feature of immutability . Utilizing a network of computers each with a copy of the same database, transactions can only be added/posted and cannot be altered or removed by any entity be it an individual or an organization such as a bank or government. Once a transaction is validated it can never be erased–only updated.
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A normal database cannot bring the same provenance because a normal database can be changed/altered by anyone who has access to that database. Transactions can be added AND removed in a normal database whereas a database on a blockchain is immutable and decentralized.
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Digital provenance is a great benefit to many businesses because it promotes clarity, efficiency, quality control, and upholds honesty. Businesses can make better decisions with all these factors in place.
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All the transactions are recorded into a digital database that can be added to but never removed. This means there is public history of transactions dating back from the beginning of the blockchain.
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Normal databases can be removed. For example, if I had a database with my music on my laptop hard drive and the laptop was destroyed, that data would be lost forever unless it was backed up elsewhere. This would not effect the blockchain provenance system.
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It’s a fantastic benefit as it gives everyone transparency which removes the human trust issues we commonly find
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I guess it is possible, but that would mean the company must be willing to pay a third party auditor to monitor the database 24/7, which would be expensive and we look at the Wirecard example unreliable anyway. 
Homework on Provenance - Questions
1 How does blockchain enable digital provenance?
It is enabled because it’s decentralised and allows for all transactions
to be recorded. This means that it is not controlled by Banks or the Government
It has been described as a secure ledger that can only be addded to and it will be complete
2 Why doesn’t a normal database bring the same provenance?
A normal database can be corrupted, manipulated or records deleted
or overwitten. It is also normally on a central Database server farm.
However, this is not the case with block chain. The transactions are secure,
recorded and cannot be edited.
3 Why is digital provenance such a great benefit to many businesses?
It is a great benefit to businesses because all transactions are recorded in real time
so there is no time wasted with waiting for the transaction to be verified. In terms
of payments, banks take days to process refunds amongst delays. There is no need for a
seperate audit to take place with regards accounts as this is all recorded at the same
time
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Answers:
- Because it’s a public and decentralized database that is “written in stone” in a lot of places (computers or nodes) that can track the entire history of something at any given time
- Because of its centralized nature, it’s vulnerable if someone attacks that single point.
- Because you don´t need to trust a third-party but verify the information you need.
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Homework on Provenance - Questions
- How does blockchain enable digital provenance?
Blockchain allows for a system of built in tracking for transactions and creates a “trust less” environment for its users. Activities and nodes in the transaction process are embedded on the blockchain. - Why doesn’t a normal database bring the same provenance?
Because they require third parties to create verifications. And even then, provenance is built on trust between users. - Why is digital provenance such a great benefit to many businesses?
It can eliminate third party verification entities from a business’s overhead. It can also allow business’s to track processes and product in a more effective manner.
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- How does blockchain enable digital provenance?
The data is like a digital stone, therefor all data is not editable. And it´s widely spred in the public ledger for several (all?) nodes in the network to verify.
- Why doesn’t a normal database bring the same provenance?
It´s rather owned of someone with a possible subjective interest and is therefore not trustworthy.
- Why is digital provenance such a great benefit to many businesses?
It´s time and effort efficient. And trustworthy so the accuracy is higher.
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Homework on Provenance
- How does blockchain enable digital provenance?
Blockchain enables digital provenance by keeping an immutable permanent record of transactions that is completely transparent to the public. Blockchain is transparent because it is decentralized in the fact that there are numerous nodes running around the globe that not one specific entity owns or controls.
- Why doesn’t a normal database bring the same provenance?
A normal database does not bring the same provenance because a large value is placed in trust instead of being able to back up transactions with clear transparent pathways involving who & what occurred during these transactions. In addition, the majority of the time most databases are no where near as decentralized as blockchain in which gives the opportunity to the centralized entity that controls the database to manipulate or change the database without other users being notified or have the way to double check a transaction for its validity.
- Why is digital provenance such a great benefit to many businesses?
Digital provenance is and will continue to be a crucial benefit to business because they will no longer be able to hide behind the steel nontransparent curtain of finance 1.0. For example, food manufactures will not have to wonder about where exactly their raw materials came from to produce their food. The work origin trails is doing will allow digital provenance between the farmer, manufacturer, and consumer. As an American tax payer I am absolutely tired and fed up with forking over 10s of thousands of dollars every year to a government that is not held accountable for the proper execution of these funds. Blockchain will allow for digital provenance in the future so that governments and large multinational corporations will be held accountable for their financial wrongdoings and games they love to play.
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1.Because all transactions that are stored on the blockchain cannot be removed therefore all transactions are verifiable by using the decentralized network of computers.
2.Because it is not decentralized so anyone can go in and alter or change it.
3.Blockchain removes the need for an audit. By having Provenance accounting layer and transactional layer are available in one place.
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By keeping track of all the data in the transaction, and following it on the blockchain from start to finish. It is also decentralized, which makes it so no central authority can have control over it.
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Because of the fact that the accounting part and the financial transaction part is separate, it makes normal databases very simple and clunky to manage and audit. Where as with blockchain, audits can be run any time, accurately and efficiently.
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Because it eliminates the need for auditors and rugged book keeping. The automation part of the process frees up resources like time and money that can be better spent otherwise. Businesses also have a very good way to keep track of their supply chains and make sure the data is correct.
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Provenance verifies transactions through math and algorithms to create trustless peer-to-peer transactions. It is a real time audit in tracking financial transactions and products in a supply chain while making sure you keep in line with your company’s mission and goals.
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How does blockchain enable digital provenance?
If all parties in a specific supplychain upfront agree among each other to use a blockchain solution then digital provenance is possible. Thus enabling for everyone involved real-time tracking and verifiying of the transaction information (goods or data). -
Why doesn’t a normal database bring the same provenance?
A normal database can be edited and wipe out the previous values in that part of the database. An in-build audit-trail-functionality will makes it harder to cover up. At a blockchain you can only add, thus the original value will always be visible (immutable).
Although I think there is perhaps one exception to this I think as far as my understanding goes: when the majority of the blockchain-network will agree somehow to the purposed new (false) value (a 51%-attack) -
Why is digital provenance such a great benefit to many businesses?
If a business is relying on mix of partially on trust and partially on control. Digital provenance will generate ‘knowing’ instead of trust: they can rely on the data. There is also less effort involved: instead have of check the ledger (control), they can rely on the data.
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- It enables digital provenance as it’s decentralized so every transaction is recorded (public ledger), so information can’t be manipulated.
- Because normal databases are centralized so the information can be tampered with, therefore they can’t really be trusted like blockchain can.
- Because businesses will be able to prove to customers their credibility, whether or not it’s ingredients or whatever, this makes them trustworthy, so their customers will be satisfied as well.
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Blockchain enables digital provenance by being a decentralized database that is immutable, it acts like a digital stone where data can be added but not removed or altered.
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A normal database will have some form of centralised control. It is not trustless. Information could be changed or manipulated.
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It is trustless and allows for real time audit of transactions. It is a great benefit to supply chains, for example, buyers buyers know they are purchasing authentic goods so can help to combat counterfeiting.
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Homework on Provenance - Questions
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How does blockchain enable digital provenance?
The blockchain is a public ledger. Everybody can get a copy and check it out. -
Why doesn’t a normal database bring the same provenance?
If normal DB is defined as non-public DB the difference is obvious as a non-public DB is not accessible to EVERYBODY. -
Why is digital provenance such a great benefit to many businesses?
It is capable of tearing down silos.
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How does blockchain enable digital providence?
By the orignal block on the chain being agreed too, verified added too encrypted and each addition then
further written in digital stone. -
Why doesnt a normal data base bring the same provenance?
Provenance is non existent in any and every business interest driven activity. Federal, local
Governments, companies and so called trusts are driven by the bottom line all the while covering up
discrepancies which masy affect reputations and votes. -
Why is digital provenance such a great benefit to many busineses?
Creative abilities are suppressed where no trust exists. Therefore individuals who make up
businesses learn how to not create. A business run on blockchain creates the foundation for a perfect
relationship built on value and reflected in its transactions for all to see, and improve on, and for all to
disprove, or reject before entry is supported and verified.
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1.How does blockchain enable digital provenance?
Blockchain information cannot be altered once data is added into the public ledger which enables digital transactions in the Provenance Industry to achieve trustlessness. Blockchain provides transparency making sure all transactions are correct through verification.
- Why doesn’t a normal database bring the same provenance?
The normal database is centralized & doesn’t provide real-time auditing and Blockchain executes transactions fast and doesn’t requires trust for verification which normal database is struggling with. Data tampering occurs in the Normal database and this doesn’t occur in the Blockchain database.
3.Why is digital provenance such a great benefit to many businesses?
Benefits: 
- System Upgrade from a normal database to Blockchain database
- Seamless Verification
- No Trust required is key
- Transparency and Traceability of transactions
- Real-Time Auditing
If that makes sense 
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1.It’s a public ledger, all transactions can be traced and tracked in real time.
2.Transactions can be modified, deleted or moved and you have to trust the source.
3.It is trustless and it brings more value, transparancy and efficiency.
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