A normal database also records every transaction but still lacks the feature of porvenance. Why?
A normal database can have a transaction history as well. But as you said below, we don’t want to trust them that they are speaking the truth.
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How does blockchain enable digital provenance?
Blockchain only allows things to be added but not removed. A network of computers use a public ledger to verify activities. -
Why doesn’t a normal database bring the same provenance?
Normal database is editable. -
Why is digital provenance such a great benefit to many businesses?
It eliminates the need for trust and rather relies on verification or real time auditing.
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1- By allowing real time track of transactions, removing trust and instead verify
2- Because database can be deleted, transactions can be removed in general normal database can be manipulated.
3- Because allow the business to track their transactions real time in one place (Transaction nr, payment nr, invoice …), they can track the provenance of their ingredients this will allow more transparency with their clients (exp. track Bio food or using animal provenance in clothing…etc)
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1 - It keeps and manages several equal copies of all the transactions, and compares all them using a formula to validate and add new transactions. The records are open and public, so they can all be traced back.
2 - A normal database does not have anything that prevents its alteration besides the goodwill of its owner. Therefore, it needs to be trusted and an additional person or entity usually verifies it to attest that it is authentic. In the end, the auditor has also to be trusted.
3 - It provides each on of the interested parties a way to verify the authenticity of the transactions themselves, because only valid transactions are registered. They are validated by a predetermined unchangeable method, eliminating the need for somebody to attest its veracity. The simple existence of the transaction means it is audited and true.
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1 - Blockchain allows the supply line of products to be traced.
2 - A normal database is not trustless. By using it you are trusting the party who controls it. Don’t trust. Verify!
3 - Digital provenance is such a great tool for many business’s, because they now have the ability to verify.
- You are capable of tracking and verifying every transaction
- A normal database involves big companys/government and can be manipulated
- Removes trust and are able to keep track of transactions efficiently
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Utilizing the blockchain public ledger, transactions and data can be verified and tracked due to the fact that blockchain is trustless and information once entered cannot be removed.
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A normal database is controlled and can be edited by a company or individual. This does not provide provenance to the degree that a trustless network provides.
3.Businesses wont have to rely on or outsource to a third party for accounting or auditing measures. This can save businesses a lot of money. Digital provenance also allows for a trustless source to refer back to for these accounting and auditing purposes.
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Thank you for having me and your response Felipe, I appreciate that! 
Have nice Weekend 
Tristan.
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How does blockchain enable digital provenance?
Because every part of a transaction or contract is etched in the stone of the Blockchain and not even details of the event can be changed by any party, because you can only add the the Blockchain. Therefore everything is digitally proved. -
Why doesn’t a normal database bring the same provenance?
All other databases keep the monetary transaction separate from what the contract says. Therefore every transaction is recorded in 2 parts, needing a 3rd party to audit or prove the transaction is true in all respects. -
Why is digital provenance such a great benefit to many businesses?
Because the Blockchain records only true events. Therefore a business can verify that he is not being lied to by a supplier, regarding the goods he receives. They do not have to trust that what they are receiving for their money is correct. They still act in good faith, but a wise businessman would now be able to check the Blockchain, to verify the truthfulness of his transactions.
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Hi there! But what feature makes blockchain able to be trace products?
By the way, welcome to the forum! We will be more than happy to answer any questions you have! Keep up the great work!
Felipe.
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Hi there! But what feature makes blockchain able to be trace products?
Not only because they involve this kind of parties, is just the nature of a normal centralized database, where data can be altered, or even lost!
So in the end, it also saves businesses some costs!
By the way, welcome to the forum! We will be more than happy to answer any questions you have! Keep up the great work!
Felipe.
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Blockchain enables digital provenance by using an open immutable ledger where data can be added but not removed. It enables all information to be tracked and traced from start to finish. In order to proceed in the blockchain data must be confirmed across the network to continue adding blocks to the chain. Therefore each step is tracked and traceable.
A normal database uses a centralized system in which data can be edited or removed. This is not the case with blockchain. Provenance also cuts out the need for third party auditing. Due to the ability to track and trace through provenance it is real time auditing and transparency for all to see.
Digital provenance is a great benefit to businesses because of its transparency. Provenance cuts out relying on trust to do business. Since everything can be tracked and traced from start to finish, businesses AND customers will know exactly where, how, when and who business was dealt with on an open ledger.
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This complete open ledger which can not be changed/altered once entered can accurately trace/track all relevant elements or process steps in real time for verification/auditing and is open to anyone who chooses to download their own copy of the blockchain.
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Non-blockchain databases are subject to centralized/controlled access, they can be altered or falsified, are not easily accessed or verifiable personally, and data may not be updated in real time leading to double-spending or other snafus.
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It can greatly enhance the reliability, accountability, and reputation of the provider in addition to being able to operate in real time all of which builds user access and trust.
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Blockchain is decentralized and immutable and traceable.
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Centralized databases in many cases are adjustable and trust is required that data was accurately reported and not modified.
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By being able to verify the origin trail both the business and the customer can be assured of the items origin. The benefit of real-time auditing is also a benefit to businesses.
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How does blockchain enable digital provenance?
it put together account layer and transaction layer to make easy access in real time -
Why doesn’t a normal database bring the same provenance?
Because a normal data base is centralised and can be changed by a single authority -
Why is digital provenance such a great benefit to many businesses?
Because it can be trust less and cab able to be tracked in real time
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Digital provenance is achieved because the verification of transactions is like writing on stone. It is in the Blockchain forever and things can only be added to the Blockchain but nothing can be erased or duplicated on the Blockchain and all the computers in the network must agree and verify that the transaction is true and correct.
And being that there is no 3rd party or centralized agency to go between there are less moving parts to worry about. -
The reason a normal database doesn’t bring the same providence is because you have a 3rd party or a middleman or woman who can change the data to skew facts and figures to their or their company’s advantage.
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Digital Providence can eliminate the need for businesses to hire outside auditors.
Thus, reducing costs and improving efficiency.
If I am wrong on any points feel free to correct me I am here to learn.
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- Provenance is enabled because all transactions are permanent and on all copies of the ledger.
- A “normal” database would not be compared to the other copies on a network for verification, so someone can alter it without being noticed.
- Auditing can be performed in real time on the network without the need for a person to inspect paper invoices/receipts.
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1. How does blockchain enable digital provenance?
All transaction within blockchain can viewed in real time, its a public ledger.
2. Why doesn’t a normal database bring the same provenance?
A normal database has a owner, who can manipulate data within the database.
3. Why is digital provenance such a great benefit to many businesses?
This way you can track your product, ingredients, material and so on. No Trust involved. all
verified.
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Blockchain updates ledger instantly once you do a transaction so you can verify the location (from who to whom) and amount of the transaction immediately. This can be verified by many computers as the transaction is broadcast and confirmed by many computers.
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A normal database is run centrally so it can be controlled by a small group or person. This means it can be altered by that person.
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This could be a great benefit to many businesses as they can do transactions for business and at the sametime they get audited. all transactions can be verified from the blockchain ledger. This is a lot faster than someone coming into do an audit and verification a lot more certain.
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- Blockchain enable digital provenance, because of its build structure with makes easy to verify data once block is accepted cannot be altered.
- Normal Database can be altered and corrupted. On blockchain all new information written on the block can never be changed with makes it immutable.
- Digital provenance is helping to make product transparent and allowed to track every stage of production with improves customer service and trust is no more needed because of full transparency.
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