IBM, Chainyard collaborate with food, beverage companies to simplify supply chain management using new blockchain network
By using a decentralized approach and an audit trail built on blockchain, Trust Your Supplier is designed to eliminate manual processes and help reduce the risk of fraud and errors.
IBM, Armonk, N.Y., and Chainyard, Morrisville, N.C., announced Trust Your Supplier, a new blockchain network designed to improve supplier qualification, validation, onboarding and life cycle information management.
By using a decentralized approach and an audit trail built on blockchain, Trust Your Supplier is designed to eliminate manual processes and help reduce the risk of fraud and errors.