What is the “Trust Your Supplier” (TYS) Blockchain Network?

IBM and Chainyard today announced the initial launch of the Trust Your Supplier (TYS) blockchain network, established by Chainyard in collaboration with IBM. The network uses blockchain technology to improve the tedious process of supplier management. Nine Fortune 500 industry anchors are part of the governance board, which is designed to streamline supplier onboarding, while accelerating access to additional supply chain operating networks such as IBM’s Supply Chain Business Network