TCS to build cross-industry blockchain solutions

TCS, which is the largest IT and Software Consultancy company has now revealed that it is now developing solutions to drive the scaled adoption of the blockchain across the industries, with the help of latest technologies from the Corda Enterprise blockchain Platform of R3, and Microsoft Azure.

TCS already provides with the blockchain solution called the “Quartz.” Moreover, as the Quartz is much more focused for the financial industry TCS sees that the need for the horizontal industry platforms on which the scalable solutions can be developed at a very faster pace.

TCS also has plans to scale up the hybrid cloud infrastructure with the latest new capabilities and a micro services architecture which will enable the enterprise customers to transform their business which uncovering the new business value digitally.

“By collaboratively identifying the base capabilities needed for disruptive ecosystem use cases and by extracting reusable assets from engagements that we have executed, we are in a strong position to build and test minimum viable platforms for customers,” said Lakshminarasimhan Srinivasan, global head, Blockchain Services, TCS. “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 programs.”

TCS, which has now become the third largest IR brand across the globe, has now identified and is developing five blockchain platform which includes the assets in common, asset monetization, tokenization, digital identity, and track and trace.

Across the different platform, TCS has also been identified with numerous solutions opportunities and is building them out by using their respective customer and partner networks.