Some types of data need to be geographically stay in a certain area. For example, European PII data cannot be hosted on servers outside of the EU. That's easy to handle if you're using AWS for example.
How can a company comply to these kinds of laws using a distributed system like BigChainDB? Is there a some kind of geo fencing possibility?
I have founded tech startups both in Europe (Holland) and Silicon Valley. While some details are apparently debatable (judging from the discussion here), the overall picture seems very accurate. The fear of failure and personal liability is a huge issue in most European countries. I hate to say it, but there is a lot European countries can learn from Silicon Valley.
Also, are suggesting that no sensitive data should ever be stored in a BigChainDB, or I misinterpret #3?