- How does blockchain enable digital provenance?
All transactions are trackable in real time. Every data is public. Not necessarily all the information (ex. encryptions).
- Why doesn’t a normal database bring the same provenance?
Because it’s centralized.
- Why is digital provenance such a great benefit to many businesses?
Accounting and transactions are on the same layer.
Good technology for tracking the flow of anything. Ex. goods and services. No need to trust third parties.