By Jen Massing Harris, Co-Founder and Marketing Operations 

There’s no doubt that there is a lot of buzz around blockchain among those involved in the supply chain and trade finance world. We know this from the many conferences, seminars and other events that Chain Business Insights' Co-Founders and Research Principals have been asked to participate in during the past few months. We like to get out as much as we can to engage with the community and find out in person what their interests, questions and concerns are regarding this transformational technology. Below are some key memories and takeaways from recent events.
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World Trade Council, Austin Chapter– We presented an introduction to blockchain to this group that focuses on international trade. While most of the attendees were very new to blockchain, we were impressed by how quickly they caught on. One person picked up on blockchain’s immutability aspect, asking how the “right to be forgotten” aspect of Europe’s General Data Protection Regulation (GDPR) would work in a blockchain world. The answer of course is to combine the functionality of traditional databases and blockchain, and to ensure only a subset of data is stored in the latter. ​