Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

ITeS

11,828.25421.1
Stock Analysis, IPO, Mutual Funds, Bonds & More

TCS to drive Blockchain adoption

The new TCS solutions will use Microsoft Azure Blockchain Cloud while harnessing the full potential of R3's "Corda Enterprise"

IANS|
Mar 14, 2019, 02.12 PM IST
0Comments
BCCL
TCS to drive Blockchain adoption
Across these horizontal platforms, TCS has identified numerous solution opportunities and is building them by leveraging their respective customer and partner networks.
NEW DELHI: Tata Consultancy Services (TCS) on Thursday announced that it is developing solutions to drive Blockchain adoption across industries, using technologies from Microsoft and enterprise blockchain software firm R3.

The new TCS solutions will use Microsoft Azure Blockchain Cloud while harnessing the full potential of R3's "Corda Enterprise" Blockchain platform, the company said in a statement.

"Some of the anchor solutions that we are building on these platforms include skills marketplace, anti-counterfeiting of luxury goods, affordable mobility, shared telecom infrastructure for 5G and loyalty and rewards programmes," said Lakshminarasimhan Srinivasan, Global Head, Blockchain Services, TCS.

The company is developing five Blockchain platforms that include digital identity, track and trace, assets in common, asset monetisation and tokenisation.

Across these horizontal platforms, TCS has identified numerous solution opportunities and is building them by leveraging their respective customer and partner networks.

"Microsoft has been in the forefront of helping enterprises adopt blockchain technology with its Azure Blockchain offerings and DevOps kits," said Gavriella Schuster, Corporate Vice President, One Commercial Partner, Microsoft.

TCS has been successfully deploying its "Quartz Blockchain Solutions" for enterprises in the financial services value chain.
0Comments

Also Read

Strong growth to continue: Rajesh Gopinathan, CEO, TCS

TCS fires on all cylinders but Infosys cuts guidance

TCS gains 1% ahead of March quarter earnings

TCS confident of growth across LatAm, India, other markets

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Share Market & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service