Product Provenance

Definition ∞ Product provenance refers to the documented history and origin of a digital asset or a product represented on a blockchain. It provides a verifiable record of an asset’s creation, ownership transfers, and any modifications or associated activities. This data chain confirms the authenticity and integrity of the item.
Context ∞ Product provenance is a significant topic in discussions regarding supply chain management, digital collectibles, and the authentication of luxury goods within the digital asset sphere. Its ability to provide immutable records is seen as a key differentiator for blockchain applications in these sectors.