No problem Eric. I am glad I could help you understand more. Thanks for good wishes, I have some room redecorating this weekend.
Haha, good one. Blockchain does not change its mind, like us.
Hi Izumi. Welcome to the community. Great answers.
How does blockchain enable digital provenance?
Digital provenance is achieved because the ledger is verified by decentralised consensus and maths.
A blockchain is a public ledger (database) which can only add data, data cannot be removed or edited.
Everything on the ledger is secured and verified by a decentralised network of computers, these computers keep an individual track record of the entire blockchain to maintain consensus.
Why doesn’t a normal database bring the same provenance?
Normal databases can be manipulated because the data itself can be edited, and there is only one central authority, this means there is a lot of trust that is involved with a traditional database structure.
Why is digital provenance such a great benefit to many businesses?
Because it can remove trust between all parties to allow for more secure and efficient operations regarding supply chain management and quality control.
Merging the accounting layer with the transaction layer also allows for transparent and trust-less accounting.
Not immutable is a double negative. Blockchain transactions are immutable. I am sure it was just a type mistake, since the rest of the answers are correct and on point.
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How does blockchain enable digital provenance?
The enablement of digital provenance comes through the capability of the blockchain, where transactions are irremovable, bringing transparency and the ability to check information which is already verified. -
Why doesn’t a normal database bring the same provenance?
Simply due to the fact that information can be altered. Additionally, normal databases are not distributed but rather centralised. -
Why is digital provenance such a great benefit to many businesses?
It is beneficial to businesses facilitating the ability to manage the supply chain in a more efficient way and stimulating ethical conduits across all involved parties. Both transparency and traceability create a better environment for customers and ultimately for businesses too.
Thank you Mauro, exactly i meant otherwise, typing error.
Because it is a decentralised public ledger were you can only add information and not remove them.
Through its centralised nature information can be manipulated very easily. You need to trust the owner and can’t prove if the information is correct.
Digital provenance enables to verify the origin of information. Trust is removed between parties.
- How does blockchain enable digital provenance?
The design of a block chain or chain of cryptographically linked and signed blocks provides immutability.
- Why doesn’t a normal database bring the same provenance?
Normal database only usually contain individual records and is not structured as a ledger, a distributed ledger is a traceable series of records that brings digital provenance.
Individual records in normal databases can also be removed or changed by persons with administrative access or even hacked.
- Why is digital provenance such a great benefit to many businesses?
Digital provenance builds on the zero trust mechanism, it reduces and removes the need to do verification manually for all users along the value streams.
- Each node on the blockchain stores the public ledger which is accessible to anyone at anytime.
- Normal database can be trust-less due to human factors.
- Businesses do not have to put their trust in anyone, instead they can trust that the computer will either verify or deny.
- The blockchain will unable the traceability of the products and eliminate false information during production of something from the components.
- Normal data base can be manipulated and wrong information can be inserted. with blockchain the information will be checked for correctness.
- it is possible to trace elements of production to the source and identify true information being used.
- How does blockchain enable digital provenance?
It enables digital provenance by making transactions trustless. - Why doesn’t a normal database bring the same provenance?
It is centralized therefore an authority figure controls transactions. That means you would have to trust the authority to make transactions. - Why is digital provenance such a great benefit to many businesses? It helps the business have real time audit. Plus, it helps business with tracking items such as clothes, food, and perfume bottle.
- How does blockchain enable digital provenance?
It provides an ability to ensure that transactions are trustless i.e. they do not rely on third parties to validate - Why doesn’t a normal database bring the same provenance?
A database can be changed once data is written to it, the blockchain does not allow this to occur - Why is digital provenance such a great benefit to many businesses? Many businesses can demonstrate without question how their product or service can be trusted, the ability of continuous audit which is visible is also of great benefit
How does blockchain enable digital provenance?
The blockchain is immutable, once the validators agree on which blocks should be added transactions can be traced through any number of times giving the same result.
Why doesn’t a normal database bring the same provenance?
Normal DB’s allow for modifications, the changes have to be made by trusted users. Blockchain is trust less so this isn’t a problem.
Why is digital provenance such a great benefit to many businesses?
It allows the truth to be found without trusting anyone, for instance scanning the blockchain to find a supply chain for food ingredients.
-Blockchain enables digital provenance by verifying transactions, upholding data integrity and making it transparent via the public ledger.
-Normal database can have data overwritten/modified unlike blockchain; therefore data in storage cannot be trusted.
-Digital provenance allows businesses like wine companies to be more effective in their supply chain by being able to track their goods, verify, and account for them at all times.
- How does blockchain enable digital provenance?
Because once added to the Blockchain ledger the data can’t be deleted or manipulated. - Why doesn’t a normal database bring the same provenance?
It can be easily manipulated. - Why is digital provenance such a great benefit to many businesses?
Because it provides transparency and therefore more trust.
Because it creates a permanent record of each transaction.
Because they can be altered.
Because it reduces the need to trust a 3rd party.
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Blockchain provides a secure means of enabling secure traceability of certifications and other salient information in supply chains. This provenance enables every physical product to come with a digital ‘passport’ that proves authenticity (Is this product what it claims to be?) and origin (Where does this product come from?), creating an auditable record of the journey behind all physical products.
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A normal database can have columns/roes added deleted or modified whereas in blockchain, once an item is added, it cannot be removed (or altered in anyway).
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Digital provenance is such a benefit to many businesses as it removes the need for a third party effectively making us work in a trustless (verifiable) operating model.
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All transactions are permanent (verifiable) on a decentralized ledger and publicly traceable, hence making it “trustless”.
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Normal databases are centralized and you are dependent on the source, hence if corrupted data will be lost for ever. The risk is greater since this system is based on you trusting a third party with the power to corrupt.
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You can track transactions in real time, all the time and in a unlimited scope of time from origin to date. Great for accounting in real time, content of materials tracing and supply chain logistics.
- Blockchain enables provenance as it is a public ledger that records transactions that are verifiably tracked as they cannot be edited.
2.A normal database does not bring the same provenance because transactions can be removed or edited with such database as it is not decentralized.
- Provenance is a great benefit to many businesses as products and transactions are verifiable through it. Businesses can track their products, all materials or ingredients via the manufacturing process, shipping, inventory, and sales. Provenance can also benefit businesses with company financial obligations such as audits. Accounting and transactions are verifiable on the blockchain database.