Enterprise services company IBM announced a blockchain-based supply chain verification network, aptly named “Trust Your Supplier” (TYS). In its press release, IBM said that TYS is “designed to eliminate manual time-consuming processes and help reduce the risk of fraud and errors, ultimately creating frictionless connectivity across supply chains.”
IBM will collaborate with blockchain services company Chainyard to bring TYS to a prominent list of clients, including Anheuser-Busch InBev, Cisco, GlaxoSmithKline, and Vodafone. TYS is set for a commercial release in Q3 2019.
https://www.businessinsider.com/ibm-cuts-costs-with-new-blockchain-network-2019-8
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