Trust Your Supplier • Supplier information management system • Built and run jointly by Chainyard and IBM • 25 major corporate members from Anheuser- Bush InBev to UPS • In production since September 2019 Goals • T o streamline the slow process of onboarding B2B suppliers • T o reduce risk by modernizing supplier information management • T o create a new industry standard for corporate digital IDs Approach • Find a huge problem that blockchain can solve • Get buy-in from a champion • Build a nimble new business • Assemble a far-reaching consortium • Roll out the system with an eye to the future • Scale up to set an industry standard Results • Vendor onboarding cycle time cut from 60 days to 3 days • For buyers: 50% less cost to verify and maintain a supplier’s information • For selle

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