Chainyard - An IT People Company

What Chainyard - An IT People Company does

Chainyard is a privately held digital transformation consulting firm headquartered in Morrisville, North Carolina, with delivery operations in Hyderabad, India. The company is a wholly-owned subsidiary of IT People Corporation and was founded in 2015 with an initial focus on blockchain technology quality assurance for Hyperledger Fabric. Its core business combines proprietary blockchain platforms — Trust Your Supplier (consortium-based supplier identity management), Trust Your Product (product authenticity verification), and Digital Credential Wallet (verifiable credential management) — with professional services engagements in blockchain consulting, Web3 (tokenization, NFTs, DeFi), AI and automation, cloud and DevOps, customer experience, and cyber security.

Chainyard generates revenue primarily through professional services engagements sold via direct enterprise field sales and partner channels, including a free Blockchain Executive Workshop used as a top-of-funnel lead-generation tool. Engagements are typically multi-year, custom, project-based, or time-and-materials arrangements with enterprise customers across supply chain and manufacturing, healthcare and insurance, banking and trade finance, real estate, government and procurement, and retail. The Trust Your Supplier platform operates a consortium model adopted by thousands of buyers in 20+ countries, with stated plans to expand to 70+ countries, creating a network-effect-driven distribution channel layered on top of the consulting business.

The company's competitive positioning is anchored by its Hyperledger Certified Service Provider designation, membership in the Linux Foundation and IBM Partner World (Silver), and ConsenSys Development Partner status. It has been recognized by Everest Group as a Major Contender in the 2022 Enterprise Blockchain Services PEAK Matrix Assessment (among 23 IT service providers evaluated) and won the Blockchain Revolution 2020 Supply Chain Applications award. Chainyard does not appear to have raised external institutional funding, operating instead on parent-company capitalization while employing 51-100 staff.

Name

Chainyard - An IT People Company

Legal name

Chainyard

Website

https://chainyard.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Chainyard is a privately held digital transformation consulting firm specializing in enterprise blockchain and Web3 solutions, serving large enterprises across supply chain, healthcare, banking, and government with proprietary platforms like Trust Your Supplier and complementary professional services.

Ownership category

akta.pro rank

Product category

Enterprise Blockchain Consulting & Digital Transformation Services

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)

akta.pro secondary industries

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Supply Chain & Inventory/Warehouse Receipt Tokenization (FSADAEAH)

Keywords

• Blockchain consulting services
• Digital transformation services
• Enterprise blockchain development
• Supplier information management
• Hyperledger implementation services

Headquarters

HQ city

Morrisville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Digital Transformation Consulting Services: Chainyard provides consulting services for digital transformation initiatives including blockchain strategy development, technology assessments, business systems solution design, user interface design, and continuous integration and delivery pipelines. Revenue is generated through professional services engagements with enterprise clients, typically on a project or time-and-materials basis.
2. Blockchain Implementation and Development: End-to-end blockchain solution development including architecture design, smart contract development, platform implementation, testing, security, and operational support for enterprise clients.
3. Operations and Managed Services: Ongoing operational support services for blockchain platforms and consortium networks, including monitoring, maintenance, and technical operations management.
4. Education and Training: The company offers Blockchain Executive Workshops and digital classroom solutions as part of its service offerings.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Chainyard is a digital transformation consulting firm that helps enterprises design, build, and operate blockchain-based solutions and adjacent technology services. Its core offerings include proprietary blockchain platforms — Trust Your Supplier (supplier identity and information management), Digital Credential Wallet (verifiable credentials), and Trust Your Product (product authenticity verification) — along with professional services in blockchain, Web3, AI & automation, cloud & DevOps, customer experience, and cyber security.

Product overview

Chainyard is a digital transformation company with a niche focus on blockchain technology. The company offers a portfolio of blockchain-based platforms (Trust Your Supplier, Digital Credential Wallet, Trust Your Product) complemented by consulting and implementation services across blockchain, AI & automation, cloud & DevOps, customer experience, and cyber security. The core products work together to enable trusted digital identities, credential management, and supplier/product verification across enterprise ecosystems.

Differentiator

Problem solved

Functional benefit

Products and services

• Trust Your Supplier (TYS) A blockchain-based supplier information management platform that enables suppliers to create and maintain a trusted digital identity and selectively share information with a network of buyers and partners.
• Digital Credential Wallet A blockchain-based digital credential wallet solution that allows users to store and share verifiable credentials securely.
• Trust Your Product (TYP) A blockchain-based platform for product trust verification that enables consumers and businesses to verify product authenticity and provenance.
• Digital Transformation Services Consulting and implementation services that help enterprises transform their business with new business models, improved customer experiences, and efficient business processes.
• Blockchain Services Blockchain consulting and development services including Hyperledger Fabric and Ethereum implementations to increase trust, reduce friction, eliminate intermediaries, and lower costs.
• Web3 Services Web3 consulting services including NFTs, tokenization, and DeFi solutions for various industries including real estate.
• Customer Experience Services Digital user experience design services including modern web, mobile, and AR/VR applications to create seamless omnichannel experiences.
• AI & Automation Services Artificial Intelligence, Machine Learning, and Chatbot solutions that increase business intelligence by leveraging company data.
• Cloud & DevOps Services Cloud infrastructure and DevOps automation services providing increased agility, higher quality, improved reliability, and accelerated delivery.
• Cyber Security Services Security services to secure applications, networks, and data against vulnerabilities and cyber threats.
• Chainyard Blockchain Executive Workshop A free one-day workshop that helps business and technology leaders understand blockchain concepts, identify opportunities, and evaluate blockchain use cases.

Quantifiable outcome

• Platform adopted by thousands of buyers in 20+ countries
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and secondary.

• Linux FoundationcoreStrategic or Co-development PartnerChainyard is a member and key contributor to the Linux Foundation, participating in open-source blockchain projects and communities. This membership enables early access to technology developments and positions Chainyard as a credible contributor to enterprise blockchain initiatives.
• HyperledgercoreStrategic or Co-development PartnerChainyard holds Hyperledger Certified Service Provider designation and is an active member contributing to Hyperledger ecosystem development. The company has been involved in quality assurance of Hyperledger Fabric releases since 2015 and participates in Hyperledger Global Forum events.
• IBMcoreTechnology or IntegrationIBM Silver Business Partner through IBM Partner World. Chainyard leverages IBM Cloud and enterprise relationships for blockchain implementations, with expertise in IBM Cloud-based deployments.
• OpenIDLsecondaryTechnology or IntegrationChainyard serves as an infrastructure partner for OpenIDL (Open Insurance Data Linkage), contributing to the development of blockchain-based insurance data exchange solutions.
• ConsenSyssecondaryTechnology or IntegrationConsenSys Development Partner, providing Ethereum-based blockchain development services and accessing ConsenSys tools and ecosystem for enterprise client implementations.
• AWS (Amazon Web Services)secondaryTechnology or IntegrationAWS partnership enables cloud-agnostic architecture development and cloud deployment capabilities for blockchain platforms, as demonstrated in customer cloud migration case studies.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hedera Hashgraph: Distributed ledger platform with council-governed consensus and enterprise services layer; comparable to Chainyard on the permissioned/consortium DLT positioning and enterprise GTM.
• R3: Enterprise blockchain software and services firm behind the Corda permissioned platform, with a consortium-led business model similar to Chainyard's Trust Your Supplier. Competes for the same regulated-industry DLT deployments.
• ConsenSys: Enterprise blockchain consulting and product company specializing in Ethereum and Hyperledger implementations, with a partner program of which Chainyard is a member. Directly comparable as an Ethereum-focused services + tooling firm serving similar enterprise customers.
• Kaleido: Enterprise blockchain platform-as-a-service now part of ConsenSys, targeting similar consortium and permissioned network use cases. Competes with Chainyard's platform-led TYS approach.
• Bitfury: Enterprise blockchain services and infrastructure firm serving supply chain, government, and finance clients — overlapping with Chainyard's core verticals and consortium-led model.

Broad incumbents

• Accenture Blockchain: Global consulting giant with one of the largest dedicated blockchain practices, serving many of the same Fortune 500 supply chain, finance, and healthcare clients that Chainyard targets.
• Wipro Blockchain Services: Global IT services firm with a blockchain practice; Chainyard's VP Global Delivery previously ran Wipro's global Enterprise Portals business. Competes on enterprise blockchain consulting at global scale.
• Deloitte Blockchain & Digital Assets: Big Four advisory with a major enterprise blockchain practice that Chainyard's CTO previously worked at. Directly comparable on enterprise blockchain strategy and implementation engagements.
• EY OpsChain: Big Four professional services firm's enterprise blockchain suite spanning procurement, supply chain, and finance — directly competing with Chainyard in supply chain and trade finance implementations.
• IBM Blockchain Services: Global SI offering Hyperledger Fabric-based blockchain services and the IBM Blockchain Platform. Chainyard is an IBM Silver Partner but also competes for the same Fabric implementation deals at the enterprise level.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/chainyard
• LinkedInlinkedin.com/company/chainyard

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chainyard - An IT People Company