Tata Consultancy Services 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. 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. TCS has been successfully deploying its “Quartz Blockchain Solutions” for enterprises in the financial services value chain.