Provenance means recording the history of data, from its inception to various stages of the data lifecycle. Provenance provides a detailed record of how the data was collected, where it was stored and how it is used. Blockchain holds complete provenance details of each component of data transfer. It is accessible to all the participants in a business network. It improves the system utilization and increases trust.
Question 2
Ownership or partial ownership of an asset can be tracked with which type of token?
Options:
A.
Equity
B.
Utility
C.
Ethereum
D.
Game-based
Answer:
B
Question 3
Which of these desired outcomes is best obtained through a Blockchain solution?
Options:
A.
Pending financial transactions need to be stored until completed and then should be deleted
B.
A website that shows current data from various stock markets
C.
A mobile app that displays information about today’s weather