@ crypto-djent76 Great response!
- Blockchain enables digital provanance by capturing all transactions and ensuring those transactions can’t be modified or deleted
- A normal database can’t achieve the same 100% provenance because they allow for data to be modified
- Digital provenance is of real benefit to business, because they can fully rely on the information being presented to them
- The blockchain sets up a decentralized governance system to where a single entity can’t delete or change the data.
- A normal database is easily manipulated in any way because of centralized ownership.
- Digital providence can bring trustless verified data to a business. Giving them peace of mind.
1.The blockchain is a decentralize database which you can add data but not remove or manipulated. You can tracking or auditing in real time.
2. The normal data is not enable to provide such a provenance because simply it is centralized. The data, records can be changed , edited and manipulated
3. Digital provenance is brining fresh solution to the businesses by the enable to accountability, traceability of certain products or assets and information storage.
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How does blockchain enable digital provenance?
Blockchain allows information to only be added and not removed preventing changes being made.
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Why doesn’t a normal database bring the same provenance?
Normal databases can be edited by adding and removing information, which can lead to misinformation being published.
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Why is digital provenance such a great benefit to many businesses?
Digital provenance can enable businesses to disclose exactly what the consumer is receiving without being partially correct or second guessing. It allows the business to look at the specified product and disclose exactly what the customers want to hear.
- Blockchain enables digital provenance due to its transparency, reliability and immutability.
- A normal database can’t bring the same trust because it is not immutable.
- A lot of businesses are reliable on trust, hence creating a lot of uncertainty. Using digital provenance enables the businesses to look at the facts and verify.
1.- Because the blockchain are open and public. So, anyone can access and verify every transaction recorden in to the blockchain
2.- In a normal data base you can add, remove, copy or modify de information. Instead, in blockchain you only can add information, because every transaction is recorded on it.
3.- In many business you need to trust if they are doing a good job o if they really do it. In the blockchain you just can verify if this is truem because the have recorded every transaction.
- Blockchain enables digital provenance through a public ledger system.
- A normal database is centralized and not public, therefore it is not transparent and can be hacked or altered.
- Digital provenance is such a great benefit to many businesses because it takes away the need for trust and allows a trustless verification process.
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How does blockchain enable digital provenance?
Blockchain creates a way to track transactions at real time and cannot be altered or edited. Real time audits are constantly being done, this creates trustworthy transparency. -
Why doesn’t a normal database bring the same provenance?
Audits need to be completed to gather accurate information. Databases can be altered. -
Why is digital provenance such a great benefit to many businesses?
We are no longer forced to trust, provenance provides instant verification.
1-Blockchain facilitates the inputting of data and at 5he same time prevents any alterations of data that means once transaction completed it cannot be manipulated by a central governance system
2-it can be manipulated, edited and it relies on trust and reputation
3-as it verifies all transactions, origins and eliminates the need for trust into the parties involved. Transparency via verification
- How does blockchain enable digital provenance?
By keeping a ‘forever’ record that can not be changed or modified, thus taking out the trust needed and replacing it with verification. - Why doesn’t a normal database bring the same provenance?
Normal databases can be owned. Whomever owns them can modify them however they see fit. In these cases you have to trust the database owners are giving all the information and that it is all correct and unmodified. - Why is digital provenance such a great benefit to many businesses?
It all comes down to tracking. When a business can see an entire supply chain, for example, they know exactly where everything has been and where it all came from. They can track all aspects of everything in that blockchain from the beginning. This is a great benefit because they can say things are verified and can back them up with proof.
1) Blockchain can provide ledger or database-like storage of data pertaining to the origin and history of an artifact in an immutable fashion, providing not only a faithful history of transactions but one that is "trustless," or at least based on an OBJECTIVE trust in the network itself, as opposed to a subjective trust of unknowable parties.
2) A traditional database is built to allow for mutability and even removal of data. And just as the particular data itself, the transactional chronology is also subject to modification. Such a system cannot be inherently trusted.
3) Digital provenance in the form of a blockchain not only provides for this trustless, immutable transactional history, but it does so in real-time and can simultaneously provide for real-time auditing of the same, removing the need for the third parties traditionally relied upon to meet this need.
- How does blockchain enable digital provenance? Blockchain creates a trustless system, in other words, it eliminates the need for the middleman in a transaction.
- Why doesn’t a normal database bring the same provenance? A normal database is not typically open and accessible to the general public, normally would have to access thru protected/authorized accesses/permissions. As a result the same type of oversight afforded by blockchain, where everyone can see and validate the contents, is not feasible.
- Why is digital provenance such a great benefit to many businesses? It will eliminate significant inefficiencies in all business operations by eliminating the need for trust based systems, which require significant oversight - the best of which are highly prone to errors and fraud.
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Blockchain enables digital provenance because all the transactions are being recorded and saved on the ledger. No one can change it or erase it.
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The normal database can be corrupted and can’t be really trusted. You can’t track the actual information on a normal database.
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It takes out the guessing game. Instead of guessing and assuming you can check and verify the facts
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Blockchain enables digital provenance by making a transaction easy by being traced and verified, compared to big corporate on waiting periods and when it arrives.
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With a normal database there’s delays on verifying a transaction that could take a few business days compared to provenance, one can see all the information in real time and get their results with no third party.
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Because the transaction will be quick and show where the information is coming from in real time making it great for the business and customers.
- Blockchain enables digital providence by giving real time auditing on a public ledger, allowing trustless transactions.
- A normal database is just one source, subject to error, edits, or tampering, whereas blockchain is like digital stone.
- In addition to having trustless, real-time auditing, businesses will be able to give their clients and customers authenticity that can be verified.
- The blockchain is immutable which means every transaction is recorded and cannot be removed. All the transactions are also open for everybody to see which provides provenance basically an instantaneous audit. 2. A normal database has potential users controlling the database and could manipulate the data or even remove transactions. It requires trust where the blockchain the protocol ensures the integrity of the data.3. Everybody can verify public chains and the transaction and audit is simultaneous and continuous.
1.Blockchain is likened to a digital stone and enables digital provenance by storing all transactions within a database that is shared across a network of computers. It can only be added to and never subtracted from. The network stores the transaction and verifies that the transaction makes sense. The network serves as a public ledger, meaning anyone can take a look and see the transactions taking place in real time.
2.A normal database can be copied or altered. It may not provide encryption or will not be shared across a network. Therefore, it can be corrupted and counterfeit.
3.It enables all transactions to be efficiently tracked in real time, ie “real time auditing” and accessibility. It links the accounting layer and the transactional layer saving a lot time and keeping everything in one place. Provenance also provides tracking and verification within supply chains for total accountability and virtually creating “trustlessness”.
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It is a ledger that cannot be corrupted since the transactions cannot be changed or manipulated in any way. It can be audited in real time as well by all in the blockchain network, therefore it is decentralized and not controlled by any one person or entity.
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Normal database can be manipulated, corrupted, changed, controlled by one person or organization. It has to be audited by one person/entity in which case you have to trust them to perform the audit - easily corrupted or prone to errors, etc
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Traceability, accountability, transparence, accuracy, trust-less relationship, immutable.