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Question 129 - CBSA discussion

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Blockchain provenance is defined as _______________?

A.
Information sent to the blockchain and written to the blockchain.
Answers
A.
Information sent to the blockchain and written to the blockchain.
B.
Recording the history of data, from its last block to various stages of the data lifecycle
Answers
B.
Recording the history of data, from its last block to various stages of the data lifecycle
C.
Recording the history of data, from its inception to various stages of the data lifecycle.
Answers
C.
Recording the history of data, from its inception to various stages of the data lifecycle.
D.
Once a transaction has been written and committed to the ledger it cannot be changed.
Answers
D.
Once a transaction has been written and committed to the ledger it cannot be changed.
Suggested answer: C

Explanation:

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.

asked 16/09/2024
Romsat Sertec
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