Meaning ● Blockchain Data Lineage, in the context of SMB growth strategies, is a comprehensive, auditable record of data’s origin and transformations across a blockchain network. This provides SMBs with unparalleled transparency and traceability. For automation, it enables reliable and verifiable data for smart contracts and business process optimization. Its implementation within an SMB ensures compliance with evolving regulatory requirements, mitigating risks associated with data breaches and enhancing stakeholder trust. Verifying data integrity through an immutable ledger, blockchain lineage provides evidence of data consistency to auditors and external regulators.
