In recent developments, IBM and Chainyard blockchain have launched a blockchain-powered platform ‘Trust Your Supplier’ (TYS) expanding blockchain sphere, The platform ensures simplifying the management of the supply chain, verification of suppliers, and the onboarding process. Within a couple of months, IBM is planning to bring its four thousand (4000) suppliers from North America onto this newly launched network, hence; gaining a competitive edge in the supply chain management’s sector. The new platform, ‘Trust Your Supplier’ already has a huge list of participants, including leading firms. The list of firms includes esteemed names such as the Drink Company Anheuser-Busch InBev;