Homework on Provenance - Questions

Blockchain and Bitcoin 101
#5444

1 immutable digital real time record
2 corruptable, expensive, delayed
3 trustless, fast, private and public access

1 Like
#5445
  1. By not allowing transactions to be copied or deleted through a decentralized blockchain system.
  2. A normal data base can be manipulated by an the authority that enters the data. One has to blindly trust the data.
  3. Since all the data entered into blockchain transaction has been documented, the blind trust issue has been eliminated by verification.
1 Like
#5446

1 The blockchain transaction verifies multiple transaction in one transaction.
2 In normal database you can edit, delete a transaction in blockchain you can not do it.
3 It simplifies complex transactions and the it is always transparent.

1 Like
#5447
  1. How does blockchain enable digital provenance?
    • Blockchain enables users to verify if a transaction is true or false.
  2. Why doesn’t a normal database bring the same provenance?
    • Normal database doesn’t bring the same provenance because the information on a database can always be change/edit. Where as in a blockchain structure, the data is set in stone.
  3. Why is digital provenance such a great benefit to many businesses?
    • Digital provenance is a great benefit to many businesses by allowing them to audit each transaction in real time and that the data is readily available.
1 Like
#5448

Hi, the thing I can not grasp yet is this. If some “bad butcher” wants to hide the truth behind his meat, what is stopping him to put a lie in the “stone”. So everybody who tries to trace the meat on the fork is being deceived by the lie created by the “bad butcher”.

#5449
  1. How does blockchain enable digital provenance?

Blockchain is a digital database where data can be added but can not be subtracted from it. Therefor any information that has been on it can not be erased. Furthermore it is verified by a public decentralized network of computers so you cant create false entries or commit any type of duplicates that dont exist - the blockchain will not verify it

  1. Why doesn’t a normal database bring the same provenance?

A normal databse can be edited. Information can be removed or changed. Also a normal databse is usually not decentralised meaning who ever controls the database can change the rules or tamper with the data as they see fit

  1. Why is digital provenance such a great benefit to many businesses?

It creates transparency. Businesses will be able to track what ever it is they are using via the blockchain, be it money or goods, and know exactly what came from where and when. It also eliminates the need for things like audits. If everyone can see what is happening via the block chain then you wouldnt need financial audits, to show recipets etc. It is all freely and rediably avaliable thus cutting out wasted time and making the processes more streamlined

2 Likes
#5450

I feel ya on the thought but let us think for a moment and visualize the network he would be dealing with if he was a part of the blockchain. we would be able to trace where he bought the meat, who slaughtered it, and who received it. Then i guess id like to know what kind of facility he had, what his power consumption for the coolers and operation have been. How much meat he has acquired vs. his sales. I’m sure I am missing an avenue or two but since, figuratively, it is all done on the blockchain with crypto exchanges and logging… there would be no way for him to not be found out and since the information would be available to everyone… he would lose the majority of his business. therefor he is incentivized to play by the rules and being a bad butcher would not serve a sustainable purpose.

1 Like
#5451

Consensus is what keeps the bad butcher from trying to adding a lie to the stone

#5452

  1. How does blockchain enable digital provenance?
    Blockchain is a permission-less ledger that allows users to add information. This stored information can be accessed and verified by anyone. This stored information cannot be deleted, manipulated, distorted in any kind of way. It is permanently engraved in the blockchain, therefore a part of history that everyone has access to, which can be traced back to the beginning of its existence. This eliminates the need to rely on a “trusted 3rd party” (or and institution) to do verification/auditing. When one allows an institution to handle the stored information, one is essentially centralizing the stored information, therefore reducing the the transparency and bringing forth the opaqueness of whether or not the institution is performing good faith business practices.

  2. Why doesn’t a normal database bring the same provenance?
    Normal databases are liable to change (mutable). Blockchain databases are unchanging over time (immutable). With normal databases information changes over time, therefore making it flexible. This flexibility allows stored information to be subjected to tampering, bad business practices, opaqueness, etc. Additionally, since it is centralized, it is also subjected to compromised security and other forms of malicious intent.

  3. Why is digital provenance such a great benefit to many businesses?
    Digital provenance is a great benefit to many businesses because of the traceability and audit-ability of the blockchain. No “trusted 3rd party” are needed to oversee the validity of the transaction, supply chain, raw materials, information, etc. Due to its decentralized nature verification and transparency is accessible to all involved parties. Therefore, making stored information trustable. Its automated accounting process eliminates the “trust” factor and replaces it with verifiable evidence, taking the human factor out of the equation.

1 Like
#5453

Damn man, thank you so much for the clarification, it was very helpful and expanded my perspective a lot. This was my first interaction on the forum, you made my day!

#5454
  1. How does blockchain enable digital provenance?
    -Blockchain enables digital provenance by allowing all transaction stored on the blockchain to be tracked by users and it also enables provenance by not allowing information stored on the blockchain from being deleted or altered.
  2. Why doesn’t a normal database bring the same provenance?
    -Data on a normal database can be altered and or deleted which makes it less trustworthy. Also regular databases may have access restriction for users to view data making them less transparent.
  3. Why is digital provenance such a great benefit to many businesses
  • Digital provenance is a great asset for many business because it allows real-time auditing and easy tracing of transactions.
2 Likes
#5455

1 - It tracks & traces all data/info all the way back to the source
2 - A normal database does not have the abilities to track all of the info/ingredients
3 - There is no question as to where the source information came from, and where transactions happened, along the way

2 Likes
#5456
  1. How does block chain enable digital provenance?

Block chain enable digital provenance through irremovable public ledger.

  1. Why doesn’t a normal database bring the same provenance?

In a normal database, data can be removed or erased due to various reason. So, finding an information is very difficult, sometimes even it is not found. Since normal database is centralized, so most of the time information are depending on trust. It does not have simplicity like blockchain.

  1. Why is digital provenance such a great benefit to many businesses?

Digital provenance gives a great confidence to clients which is vital for any business. In digital provenance no data is removed. Client can find any data easily from this public ledger. Moreover, auditing is very easily done at any time.

1 Like
#5457

you are so more than welcome. I am also new to all of this and I’m not gonna lie… its a bit intimidating. I’m just super stoked i could help… that right there let me know we are in the right spot. Don’t stop expressing your concerns… you don’t know how many people are too scared to say something…you give them courage to keep pushing forward.

1 Like
#5458
  1. By doing it trust less, without a government controling/interacting with it.
  2. Because in a normal database there is always one person/company that has access to modify/control it.
  3. because you dont have to trust what they say but can actualy verify it yourself.
1 Like
#5459

  1. Blockchain enables one to trace the origin of immutable data thus provenance on a distributed ledger and follow the transactional path of that data thus traceability. This can be performed by anyone looking into the digital ledger.

  2. Normal databases does not bring the same level of trust to provenance as the data can be manipulated and is often housed in a central platform where only a few people have access to verify, and trace the data. The data itself can also be manipulated/changed by the centralised entities which therefore makes the data harder to trust.

  3. It is a huge benefit to be able to track, trace and know the origin of data in a trust-less manner to bring operational efficiencies into businesses that operate with numerous stakeholders. In particular the supply chain where different entities can take advantages of the opaqueness of the sector and manipulate the data that they share. In order to stop this and bring more equitable and fair use of the data, to not give certain parties an unfair advantage digital provinance is of huge benefit.

2 Likes
#5460

  1. Blockchain enables digital provenance by providing a real time record that traces all aspects of it’s transactions that cannot be manipulated.

  2. A normal database cannot bring the same provenance as blockchain as it can be manipulated and corrupted.

  3. Digital provenance such a great benefit to many businesses because it brings with it efficiency, accountancy and accountability in real time.

1 Like
#5461

  1. Blockchain enables digital provenance by providing a real time record that traces all aspects of it’s transactions that cannot be manipulated.

  2. A normal database cannot bring the same provenance as blockchain as it can be manipulated and corrupted.

  3. Digital provenance is such a great benefit to many businesses because it brings with it efficiency, accountancy and accountability in real time.

1 Like
#5462
  1. How does blockchain enable digital provenance?

By being an irreversible ledger, blockchain enables anyone to trace a transaction from nose to tail.

  1. Why doesn’t a normal database bring the same provenance?

A normal database can be edited and therefore requires trust in those that have access to it.

  1. Why is digital provenance such a great benefit to many businesses?

It bakes the accounting right into the transaction, and eliminates the need for external “trusted” accounting firms.

It also allows anyone to trace the sourcing of any product on the chain.

Digital provenance also enables instant and trustless verification of product claims. Examples would include claims that a product is organic or that it does not come from a conflict zone.

1 Like
#5463

Q1~tracking origini

of

Q1~TRACKING AND VERIFY ORIGIN
Q2~CAN BE ALTER / CHANGE
Q3~TRANSPARENCY AND CAN BE VERIFY

1 Like