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.
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.
By Pete Harris, Co-Founder and Research Principal
It’s already time for the June Chain Business Insights’ Blockchain/Supply Chain Management Vendor Focus Note. (We skipped our May note to focus on our trade finance research brief and to fulfill a number of speaking engagements). In each note, we bring you a curated selection of important news that should be on your radar screen, along with our independent and expert analysis.
This time, we’re covering the latest from IBM, R3, SAP, Bonafi, dexFreight, FR8 Network, Infosys and Walmart. So let’s get stuck in.