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IBM, Chainyard unveil blockchain-based 'Trust Your Supplier' network

IBM has partnered with Fortune 500 companies to launch the network, which is aimed at automating the validation and onboarding of buyers and suppliers.

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Blockchain to generate more than $10.6B in revenue by 2023

Blockchain has seen a real uptick in adoption as a number of companies roll out pilot tests in various industries and blockchain-as-a-service gains traction.

Walmart

Walmart, Sam’s Club tell suppliers to get on blockchain network

After piloting a blockchain-based supply chain tracking system, the retailers are telling suppliers to get their product data into the system so they can begin tracking produce from farm to store. The deadline: September 2019.

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