Homework on Provenance - Questions

[VincentSoons]

1. Blockchain technology empowers advanced provenance by making the blockchain decentralized and disseminated across an organization of hubs (PCs, thusly; computerized provenance). Since it’s decentralized, there is no compelling reason to trust anybody; you can essentially check yourself. In case it was not decentralized, the single “authority” could control the blockchain for its own advantage, and you would need to depend on the confidence in this power, to trust the “idea”.

(Unless a solitary authority is keeping up with more than 51 % of the all computing power in the network, which would be a profoundly impossible task)

2. As to some degree referenced in answer 1, an ordinary, incorporated data set wouldn’t give a similar provenance since you’d need to depend on trust in the position that is keeping up with the information base. Since blockchain innovation is utilizing a decentralized method of putting away the information, you don’t need to trust any position. You can simply confirm facing the organization, since no single authority*1 can wreck the information.

3. Once more; trust is actually the foundation of any local area, society, business or potentially trade of products/administrations. Each time one gets defrauded, submits misrepresentation or anything like that, everything comes down to somebody trusting the fraudster. In the event that we can accept the reliance based on previous experience out of the trading of merchandise/administrations (by exchanging trust with unquestionable status) we could take out a great deal of misrepresentation, debasement, give more straightforwardness to society and so on and so on.

[Assentis77]

1 - Blockchain digital provenance is possible, because all entries are stored chronological, replicated across multiple nodes and cannot be altered once it is accepted in the database.

2 - Provenance does not exist in a normal database, because the entries are not permanent or immutable and could be changed or deleted by the owners of the database. It is also not reliable because the database access may be interrupted, whether it’s a central or distributed database.

3 - Digital provenance is a great benefit to many businesses because they do not have to rely on third parties to audit or access records or transactions – all the data is available openly in the blockchain. This transparency can also fight corruption and tax evasion, and improve supply chain operations.

[amorghem01]

1- by making everything public and easy to review and audit, which increases the trust and transparency.
2- because in the blockchain you only can add but not remove anything and everybody can review that. this will make the blockchain unique from other database.
3- because it is faster, trusted way to deliver work.

[darylA]

1. How does blockchain enable digital provenance?
2. Why doesn’t a normal database bring the same provenance?
3. Why is digital provenance such a great benefit to many businesses?

1, by being able to track items, transactions digitally anywhere in the world.
2. It’s easy to get data into the database, but march harder to maintain and document each data acuratly, and in a timely manner.
3. This allows businesses to be more transparent with the quality and where their items are being produced. This also allows business to track their shipments with more acracy and in a faster time frame.

[alhabi]

1.) Whenever a good is put on the blockchain, it can be followed and traced. Therefore, it enables digital provenance, IF there is no trust problem in the process , where it gets registered on the blockchain.
2.) The database is constantly fed by a trusted third party.
3.) Because they get freed from the necessity to trust, and can verify instead.

[problock101sjk]

1. How does blockchain enable digital provenance?

Ans :

• All activity held over/via blockchain are on-chain (live), it store the records in public ledger and it can’t be edit or delete the transaction/activities.
• So all the transaction/activities can view by everyone. It’s a trust-less and verified. These enable blockchain as a digital provenance.

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

Ans :

• Normal database are control by the human. So there are some negative possibilities -
• Activities are not on-chain. not in-time
• If Mistake happen, it create problem on both side. So need to trust each other

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

Ans :

• Trust-less
• Verify
• All activities are traceable in live

[problock101sjk]

1. How does blockchain enable digital provenance?

Ans :

• All activity held over/via blockchain are on-chain (live), it store the records in public ledger and it can’t be edit or delete the transaction/activities.
• So all the transaction/activities can view by everyone. It’s a trust-less and verified. These enable blockchain as a digital provenance.

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

Ans :

• Normal database are control by the human. So there are some negative possibilities -
• Activities are not on-chain. not in-time
• If Mistake happen, it create problem on both side. So need to trust each other

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

Ans :

• Trust-less
• Verify
• All activities are traceable in live

[tonylombardo13]

1:

The word provenance means “the place of origin or earliest known history of something” Blockchain enables provenance by showing the entire history of something on the block chain from creation, through production to cinsumption. As per the food example, you would be able to go back and see the where the ingredients were sourced, produced etc and track it every step of the way fro source to your table.

Now, you don’t need to trust the food manufacturer, in that you can go back and verify what they are saying is true. This is rather significant as now we are removing trust. This is one of the many examples of how Blockchain Tech enables Provenance.

2:

A normal centralized data base cannot and will never have be able to bring the same provenance as blockchain in that if information is controlled on a centralized server, the person(s) in control of that data have the ability to modify, change, or corrupt the data to show what they want to show while hiding the truth of something that could damage their reputation, product confidence or consumer confidence.

A centralized data base can can claim that they have transparency but that has not always been entirely true and there are many case samples of that. Amazon, Apple, and Google are not at all transparent when it comes to reporting financial details about their operations OUTSIDE of their home countries. That is because the above listed companies do not list that information on a public ledger and can alter, change or just not show whats really going on and where money is really going to the public.

3:

Many businesses will greatly benefit from digital provenance as their consumers (tribe) can now verify if their products are really eco friendly. Many companies claim that they are but fall short of this in their production.

Now you can see and track the production of a product or products used in a service on a public ledger that we can use to verify the truth behind what the company is saying or marketing.

The company who comes to clean your offices carpets claims to use eco friendly products. Before they were hired, we researched where their products were sourced and verified that they indeed are using eco friendly products because they are listed in the blockchain ledger.

This will make business much more transparent in the future and ensure customer satisfaction and confidence in products and services.

[Manny]

1. The blockchain is a ledger that allows the public to verify, instead of simply trusting a centralized source. For example, if a restaurant is really serving organic ingredients; instead of simply trusting the restaurant’s word, the ingredients can be tracked and verified on the blockchain.
2. A normal database is usually not available for public view and only accessible by a centralized source.
3. Digital provenance allow businesses to be more transparent. A business such as restaurant would be able to prove to their customers that their ingredients are really organic.

[MrMilix]

1. Every transaction can be tracked. We don’t have to trust the middlemen. The ledger will verify it.

2. Because a normal database is not public and you can add and remove data. In a blockchain, you can only add but not remove.

3. Its a great benefit because costumers don’t have to trust the company. The blockchain verify that the information is true.

[Scholtz]

1. How does blockchain enable digital provenance? : In BlockChain we don’t have to Trust transactional Data, we can Verify the Data through Mathematical or Logical Functions. This is because all Transactional data is stored on the BlockChain in the form of a Public Ledger that is verified by a decentralized network of Computers and there is end to end visibility of the transactional data as well as the trail of inputs to each Block.
2. Why doesn’t a normal database bring the same provenance? : I think the value lies in the Public and Decentralized verification of the Transactions. In a normal database we do not have this broad base of verification available to the public user because the verification and responsibility over the accuracy of data lies with one Party.
3. Why is digital provenance such a great benefit to many businesses? : It create a trusted source of data through decentralized verification and public visibility. There are also tools available to verify and audit the data in real time without human or single party intervention.

[MattiasH]

Homework on Provenance - Questions

How does blockchain enable digital provenance?

By being unchangeable, and only being able to add new information.

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

A normal database is centralized and more easily changed,

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

There would be no need to trust other business, you can check what you want to know instead of asking. This also would be a benefit to the end consumer.

[Kaleb_Rupe]

1.) Blockchain enables digital provenance through an immutable public ledger that can only be added to and not manipulated.
2.) Current databases are centralized and can be manipulated at any point by adding or removing data.
3.) This kind of tech can revolutionize the shipping & tracking industry showing proof of origin/ history of ownership.

[Jesus_Munoz_Castano]

1. By recording all the transactions on a database decentralized that can be verified by anyone.

2. Because that database is owned by a company and can by modified. In blockchain you can add only.

3. Because it will allow to keep record of all different trasactions, simplify auditories and keep track of different phases of a process

[jon_dog]

How does blockchain enable digital provenance? - digital ledger

Why doesn’t a normal database bring the same provenance? digitally distiributed consenus mechanism

Why is digital provenance such a great benefit to many businesses? proof of orign

[calene_seow]

1. How does blockchain enable digital provenance?

Blockchain is a database whereby it only can add data but cannot remove data. Which mean you can trace and verify all the transaction in the database as all the information in Blockchain is open to everyone that using it.

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

The transaction in a normal database can be removed and if the database collapse, all the transaction will be gone. This will eventually allow cheating and duplication to occur and when this happen, the transaction that obtained might not be accurate or sufficient.

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

Digital provenance allowed businesses to trace and verify all the transaction in real-time. No waiting period required. Which make it more efficient and accurate.

[Dre040]

Blockchain enables digital provenance by a shared permissionless immutable digital ledger which is accessable for everyone , and decentralized , so that digital assets and transactions can be tracked backed to prove the provenance of the goods or assets.
Because the blockchain is decentralized and owned and operated by everyone, everyone can add transaction which must be confirmed by the rest of the group, a normal database in contrary is controlled owned and operated by a single person, and can be tampered with by erasing data , on blockchain you cant not erase the data, immutable.
Another problem is these databases are not linked together like blockchain to work together as a trustless system because all the databases are individually centrally controlled, working for their own individual interest and not that of the group.
So the benefits to businesses are they can track the origins and authenticity of the materials and goods, with blockchain this happens fast and trustless.

[takeshiCovac]

1. The ability to add to the blockchain combined with the inability to subtract from the blockchain allows for an immutable historical record of transactions.
2. A normal database would be mutable and faulty at proving the origin and ownership of transactions.
3. Digital provenance allows for the combination of accounting and auditing to take place in real time.

[aldensanchez]

1. How does blockchain enable digital provenance?
   It enables digital provenance as it uses a set of computers to validate, confirm, track and register all transactions in the technology called blockchain. Also, data cannot be removed from the blockchain.

2. Why doesn’t a normal database bring the same provenance?
   There few main differences including but not limited to: Because a database is a set of rows and columns while a blockchain is not. Also, a database does not keep track of changes through out its history, while the blockchain keeps track of historical data and it keeps adding to it and it is not possible to remove data from it.

3. Why is digital provenance such a great benefit to many businesses?
   Because it allows to trace, keep records and confirm transactions, all of this in real time and without the need to ask permission from a bank or any other similar institution. This also helps to avoid duplicates.

[Daniel_Howard]

1. Blockchains are decentralized immutable ledgers. There are multiple copies that cannot be changed.
2. Normal databases can be altered and are usually centralized.
3. Digital provenance can be used for a variety of applications like proving supply chain honesty at every step, or proving availability of funds in a cryptocurrency.