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Application of Data Analysis and ML for Supplier Information Management

trustyoursupplier.com is a permissioned enterprise blockchain network to manage supplier data around qualification, verification, and risk. The solution is built and operated by Chainyard in collaboration with IBM and is deployed on the IBM Blockchain Platform.
The platform enables collaboration between buyers and suppliers on a decentralized network to bring trust and transparency. Suppliers receive invitations from Buyers and if they decide to join, complete various categorical questionnaires as requested by the buyer to be qualified and onboarded.
Chainyard is exploring use cases with AI-ML to augment the network such as optimize the supplier invitation process, identify supplier pools for buyers using associations, predicting potential revenue for the supplier, or developing confidence in supplier risk scores.