The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Nov. 01, 2022

Filed:

Oct. 16, 2018
Applicants:

International Business Machines Corporation, Armonk, NY (US);

Chainyard Supplier Management, Inc., Morrisville, NC (US);

Inventors:

Mohan Venkataraman, Morrisville, NC (US);

Sai Nidamarty, Morrisville, NC (US);

Shyam Charit Adivi, Morrisville, NC (US);

Alex Rosen, Morrisville, NC (US);

Gary Storr, Morrisville, NC (US);

Stephen John Rogers, Raleigh, NC (US);

Derek Lamar Harrison, Chapel Hill, NC (US);

Vishnu Praneeth Tadepalli, Cary, NC (US);

Daniel J. Schaefer, Raleigh, NC (US);

Assignee:

Other;

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 50/26 (2012.01); H04L 9/08 (2006.01);
U.S. Cl.
CPC ...
G06Q 50/265 (2013.01); H04L 9/0819 (2013.01);
Abstract

This document presents a system and method for presenting vetted and verified Supplier information to Buyers. The Know Your Suppler (TYS) Application collects previously vetted and verified Supplier information and commits the collected information, verification authorities, verification details, and transaction information to a shared distributed ledger implemented as a privately permissioned blockchain. Buyers who want to onboard a newly identified Supplier, or update Supplier information with more recently verified information records, may subscribe to the TYS Application and purchase available vetted and verified Supplier information to optimize the onboarding or updating process for Suppliers from whom the Buyer wants to purchase goods or services.


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