Question one: Blockchain has features of real time sourcing from the beginning of a transaction to present verifying as the work progresses. Blockchain is transparent as a public ledger with ongoing auditing in real time and that makes it efficient. Receipts do not need to be kept, filed and audits need not be in person by an auditor.
Question two: Normal databases are less efficient than digital blockchain transactions due to their provenances lacking real time. Normal databases take more time to maintain for the same reason. Paper trails, provenance may be lost over time and difficult to validate. These databases may be private, viewed or audited by permission, and or by selected viewers. Whereas, blockchain is concurrently updating its audits.
Question Three: Businesses can benefit by digital provenance in ways perhaps not yet discovered. The sky could be the limit for marketing, advertising, day to day assignments and work loads, human resource development, and contracts (legal aspects, contracts with employee, co-owner relationships, unions, and clients). By managing aspects of business with blockchain efficiencies, more time for may be spent on optimal financial ventures rather than be bogged down with old time problems of business.
- Because all transactions on chain are verified in a trust-less manner
- Because there is no verification/proof with a normal database
- Can allow people trust the organization based on the transparency achieved with blockchain solutions.
- How does blockchain enable digital provenance? because the data stored on the blockchain network are immutable so we can track all the way down every transaction that ever happened in the recorder history.
- Why doesn’t a normal database bring the same provenance? Because traditional databases are mutable and modifiable. So it easily lost to track the source of the very beginning of all transactions.
- Why is digital provenance such a great benefit to many businesses? This can lead to distributed and trust-less digital ledger, no single point of failure, and public and open-source.
- Blockchain enables digital provenance by being ‘unchangeable.’ Because things cannot be removed or edited, it is a reliable way to track the history of things, such as currency or physical items.
- With normal databases you have to trust a central entity to manage/store the data. With decentralized networks, ‘trust’ isn’t necessary - everything is audited by a sea of individuals within the network and confirmed to be factual.
- Digital provenance is such a great benefit to many businesses because it allows for infinite auditing and creates a reliable ‘trail’.
I saw you were one of the few other girls on here and then realized we also have almost the exact same username, lol. So hi !!
hey sis!! haha i know there seems to be less of us here- actually both of my parents are software engineers and I remember my mom told me that when she was in college they had industry recruiters who went to her campus to convince women to get involved in in the engineering/programming field. and that was back then!
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Blockchain enables provenance with transparency and immutability. All transactions are on the public ledger/
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A normal database can be altered and information can be hidden.
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Digital provenance is a great benefit because it provides transparency and eliminates the need for trust.
Feel free to let me know if I got it wrong 
In blockchain you can trust the provenance of any product and data can’t be manipulate.
Normal database can be manipulate, data can be lost difficult trace back transactions.
Because businesses can trust provenance and provides real time auditing.
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How does blockchain enable digital provenance?
Each transaction is stored on the blockchain. The blockchain is immutable and every transaction be traced back to it’s origin. -
Why doesn’t a normal database bring the same provenance?
Any Transaction can be edited of removed by anybody who gets access. It’s more difficult to trace back a transaction because there is no built-in chaining architecture. They are centralised, you have to trust a 3rd party. -
Why is digital provenance such a great benefit to many businesses?
Every transaction is tracable and therefore auditable. Trustless. This opens up a wide range of possible uses and applications.
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How does blockchain enable digital provenance?
Every entry can be tracked and traced by the network. Can only add entries in chronological order. Can not delete transactions. -
Why doesn’t a normal database bring the same provenance?
Normal databases can be manipulated because they are centralized. They are not trustless. -
Why is digital provenance such a great benefit to many businesses?
They are trestles and much more efficient because of this. Can be audited in real time.
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The public ledger allows all transactions to be instantly accessible.
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A normal database isn’t public. The transactions are also privately regulated.
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People desire transparency from the places they do business with. It also allows people to verify information personally as opposed to needing to put their trust in a specific organization.
1.One of the basic peculiarity of the blockchain is immutability, therefore data of each transaction are recorded forever.
2. Because traditional database can be manipulated
3. Traceability, control of the supply chain, cost efficiency and quality control
1.first of all most B.C is a D.B wich you can only add transaction therefore all the transaction are stored like a runestone and man cannot remove anything from it,plus it’s a public ledger which makes auditing even more trustworthy.
2.in a normal D.B you can add and remove data which makes manupilation much easier,and it’s centralised,that means a third party is interventing like the goverment or a tech company…And it can put boundaries to whom can access to it.
3.because there is no need to a third party to make the transaction trusworthy which save a lot of money
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How does blockchain enable digital provenance?
Blockchain enables digital provenance in the way that it establishes a permanent digital data structure that is decentralized yet trackable. Thus it makes the entries accountable and accessible. -
Why doesn’t a normal database bring the same provenance?
A normal database does not bring the same provenance because of its centralized nature. The imprecise/inaccurate data entered is weak in its accountability and therefore not entirely traceable. Hence, the users can only base the accuracy of the entry on trust and blind faith. -
Why is digital provenance such a great benefit to many businesses?
For many businesses, the accurate entry of data is imperative because it establishes high quality control and accountability. As a result, it presents a verifiable product for its customers and a great reputation for the company. As well, even if errors occur in products with digital provenance, the traceability of the data allows for accurate remedies because of its trustlessness by providing precise information necessary for research and development solutions.
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Blockchain enables digital provenance by providing an immutable cryptographically verified self referencing series of data blocks hence ‘blockchain’. The validity of the transaction records is maintained via consensus algorithm operating across the blockchain network nodes. Further the stored records are open to manual audits.
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Regular databases tend to lack immutability, require the owner to be trusted and lack real-time auditing.
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Digital provenance allows for real-time audits and minimises trust requirements.
- How does blockchain enable digital provenance?
No permission required. Permission less. The only real risk is the internet or tech completely going down. - Why doesn’t a normal database bring the same provenance?
Normal database are not built on a blockchain. Normal database can be compromised. - Why is digital provenance such a great benefit to many businesses?
Those who have the $$$ make the rules. Blockchain helps build the bridge to everyone. This tech, applied intelligently, will change the world. It just takes the imagination of business and people everywhere to build it.
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allows every part of a transaction to be auditable and verifiable. for example, ingredients in food can be tracked and verified during every stage of production.
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lacks visibility and requires trust of third party. also, accounting works different as blockchain allows complete verifiability of the entire layer of a transaction. normal databases dont have this option.
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allows for easy audibility of the transactions through every stage in a supply chain. accounting changes as well, makes auditing transactions significantly easier.
1- You can only add not delete, you have clear trace of all the transactions.
2 - Normal Database is local and can be manipulated by Admins
3- There is no middle person and every transaction is verified. You will trust the data not Orgs/Countries.
- How does blockchain enable digital provenance?
by acting as a database which cannot be falsified through any personal interest.
- Why doesn’t a normal database bring the same provenance?
a normal database is not immutable, decentralized, or transparent.
- Why is digital provenance such a great benefit to many businesses?
allows for transparency and a trust-less exchange of information.
1.How does blockchain enable digital provenance?
By mean of a public ledger, by traceability of all transactions, by removing centrilized control of any transaction.
2.Why doesn’t a normal database bring the same provenance?
Traditional database allows you to manipulate the entries by not only adding them but removing and editing as well, in a blockchain you can only add but not remove the blocks
3.Because you can always trace whole way the transaction take, from the subsupliers all the way down to the final destination, as there is no third party you do not need to trust any one and due to bitcoin whitepaper you use math to verify the transaction is valid or not, trustless is the key here.