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Blockchain enables digital provenance by having a network of computers independently verify blockchain transactions. All transactions are recorded and verified between computers.
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By definition, a database can add, delete, and modify records. The ability to delete or modify records compromises provenance.
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Digital provenance is a benefit to many businesses because it is trustless, meaning the process is verifiable independently (by computers) which saves time and money.
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1)Blockchain technology allows for provenance to track the origin of source of any type of data. Don’t trust - verify
2)A normal database has a company or certain authority controlling its database; so they can manipulate or even remove data.
- Businesses can audit in real time, remotely on an open public ledger blockchain.
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By making it a trust-less and decentralized.
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Because there is some centralized control that is trusted.
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There is a public ledger where anyone can see and they can’t be erased.
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1)Because it provides the complete history of ownership that has been authenticated.
2)Because data in a data base is centralized and it can be modified/changed with out controls. Whereas in the blockchain the data is written in stone and any changes must be authenticated by the network.
3) Because it removes blind trust and supplies verified trust instead. Example is in the food industry where the baker can have complete trust in his ingredients that are provided by his suppliers because of the complete origin trail from grower to distributor.
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How does blockchain enable digital provenance?
If everything will be noted from A to Z in the blockchain then will everything be traceable.
Why doesn’t a normal database bring the same provenance ?
I think the normal database is controlled by people, it’s maybe changeable by people. Blockchain is secure and transparent which each other.
Why is digital provenance such a great benefit to many businesses ?
It works much faster, more secure and transparent with each other.
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Blockchain enables digital provenance because it can track any transaction on the ledger space. Since any transaction is verifyable by anyone, this creates transparency in the transactions. Therefore, antyhing can be tracked and traced.
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a normal database does not bring the same provenance because a normal database does not have a real time tracking and verification that can be accessed anytime, anywhere. A normal database may also be held by an entity or group who has the access exclusively to the transaction.
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It is a great benefit because we remove the word trust from the equation, we only need to verify that the transaction was successfully made and it will be automatically reflected in the public ledger that can be verified in any moment.
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- Blockchain enables provenance by having automatically generated publicly viewable ledgers of every transaction.
- I think a normal database would typically run on a centralized server, and whoever is in charge of that server would have to be trusted not to alter data.
- In this modern world people are becoming more aware of the problems of simply trusting companies. People want to know what is in the products they are consuming and where they came from, and not to be lied to about this either. Customers will likely flock to companies that have public verifiable information about their ingredients/practices.
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Blockchain enables digital provenance through constant and consistent tracking and checking of every single transaction that has ever happened. Regular databases are centralized and usually under some sort of authority, easily being tampered with or modified without trace. Provenance becomes a huge boon through creating a trustless environment, you don’t have to earn you client’s trust, they can just check things themselves if they are so inclined.
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How does blockchain enable digital provenance?
Blockchain enables digital provenance through the public ledger which tracks and verifies each aspect of the network transactions. -
Why doesn’t a normal database bring the same provenance?
A normal database requires human oversight and the database is normally not decentralized for everyone to verify. -
Why is digital provenance such a great benefit to many businesses?
It allows for businesses to be able to track all of their inventory and assist with any supply/logistics related tasks in a way in which errors are eliminated through using the blockchain.
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1.Blockchain enables digital provenance by being able to keep track of all transactions on the chain that remain public to anybody who looks.
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A normal database can be altered by whoever runs the server which requires more trust than verification.
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Digital Provenance allows businesses to have transparency with its customers as well as conduct real time audits that link transactions with accounts.
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Blockchain enable digital provenance by using decentralised network of computers and replace trust with verification by this network. Blockchain is a public ledger, which means that anyone is able to audit everything, but is not able to change and remove any informations from blockchain.
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Normal database is different than blockchain, as it’s manually operated by people (auditors etc). Those people working for companies can add, change and remove informations from servers without verify by anyone else. Normal database can be easily hacked, manipulated by whoever. Each company sector has own database, so like accounting, financial etc and each of those database has own administrator, which are independent from each other and even if they will use same informations, they can put it in different way, when in blockchain everything is in one place, connected.
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As I already mentioned in question 2, the biggest benefit is having everything in one place. In this option all informations are public and transparent and than company use verification instead of trust, which is great for their customers as its making them more reliable. It’s simple like Ivan said: Don’t trust, verify!
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- Blockchain enable digital provenance because the data stored in it cannot be modified, erased or tampered
- A normal dfatabase is not as secure because it is stored in a central location rather than being distributed among other computers
3.More efficiency and costs reduction by the control of the supply chain. traceability is a growing value in todays society
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1- Blockchain enables digital provenance by communicating with other computers and verifying transactions through the network.
2 - A normal database doesn’t bring the same provenance because things can only be added to the blockchain, not deleted.
3 - Digital provenance is a great benefit because it allows instantaneous verification and security, cutting down cost,
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1.Blockchain allows you to track a digital ledger that is open to the public to see. In doing so, it provides greater transparency to whatever the process is.
2.Because basically all databases are centralized, meaning 1 entity controls the inflow of data in and out and so it is much harder to build trust in the network.
3.The reason it is a great benefit to many businesses is because it can save on costs, increase transparency with consumers, and provides a trackable, immutable ledger.
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How does blockchain enable digital provenance? - By providing a decentralized network of computers that retain a global copy of the blockchain/ledger that is public, traceable and trackable. Data can be written and not removed so all transactions can be verified.
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Why doesn’t a normal database bring the same provenance? Blockchain is decentralized, a normal database is centralized therefor all data on a blockchain can be viewed by the public as opposed to a normal database.
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Why is digital provenance such a great benefit to many businesses? Businesses are able to layer transactions with accounting, transactions are auditable and traceable all in real time. Blockchain creates transparency in tracking and use allowing accurate verification of information, product etc…
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By creating a ledger of transactions that can be verified.
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A normal database relies on trust. The blockchain is verified by the users to create an accurate trail of transactions.
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It gives the business accurate knowledge of where and what their product has been
and is. It leaves out the guesswork of every transaction that their product has navigated. It simply tracks the history of an asset.
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- How does blockchain enable digital provenance?
Answer: You cannot remove anything, you can only add, so previous transactions are always available to see. - Why doesn’t a normal database bring the same provenance?
Answer: In a normal Database, you can add and delete records at will - Why is digital provenance such a great benefit to many businesses?
Answer: It is a trustless model and thus brings confidence on the part of the consumers using
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1: By being a trustless, immutable and distributed public ledger.
2: Normal databases are not tamper-proof in the same way that blockchains are. Normally centralized, there are a number of inherent risks that blockchain and a distributed approach is resistant to.
3: The ability to verify and audit transactions without the need for a third party has a whole host of benefits from cost and security to transparency and traceability.
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Blockchain, like the ancient Viking runestones, allows information to be added and saved forever - and never changed or removed. This trait enables blockchain to possess digital provenance, where the record of origin and ownership can be authenticated.
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A normal database, unlike blockchain, allows for information to be changed or removed. Consequently, the record of origin is vulnerable to manipulation/duplication/counterfeiting/etc. and can’t be truly authenticated.
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Because the record of origin/ownership is open and immutable, trust in a third party authenticator is not necessary, resulting in greater efficiency (faster and cheaper).
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By being an open ledger, and therefore allowing all data to be openly stored and read without the option of removing them from the database, people and businesses have secure digital access to informations such as the provenance of certain items or transactions.
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On a “classic” database, it’s not always possible to verify the truth of certain informations and sometimes the lack of digitalisation could cause the loss of important data. A Blockchain is not at risk of database crash or hacking attacks.
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It removes the “trust” aspect of things. Informations and data is clear, available, visible to everyone. So, summarized, blockchain allows you or your buiness to verify rather than trust.
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