B2B Data Integration and Transformation Blog

Toward the end of May 2018, one of the broadest, most sweeping privacy regulations ever devised will come into effect, the EU's GDPR. Not only will these regulations have a direct impact on European businesses, they will affect companies globally that process or store the personal data of EU citizens living in the EU. Firms that do not comply with GDPR face hefty fines.

Blockchain has made headlines for its transformative capabilities. It can revolutionize so many fields and industries, the supply chain included. However, as with many topics that have made the headlines, blockchain still raises many questions.

Blockchain has the opportunity to transform the supply chain. It will make the supply chain more transparent, allowing greater traceability to make the supply chain more effective and reliable. At the same time, a number of blockchain projects aim to reduce fraud.

In the coming years, blockchain will play a larger role in the supply chain. The technology brings greater transparency to every level of the supply chain, from suppliers to consumers. However, the question remains for many companies: how do we implement blockchain in supply chain management.

Embarking on a data integration project is an exciting time. You are ready to see how data integration can deliver on its promises to make your organization more efficient and productive. But, what are essential elements, and what components are merely nice to have?