cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Blockchain

TCS Developing Solutions to Increase Blockchain Technology Adoption

News Desk by News Desk
March 14, 2019
TCS blockchain technology

To leverage the blockchain technology, TCS (Tata Consultancy Services) with Microsoft and R3 developing solutions to increase adoption of blockchain technology across industries. As enterprises are gearing up to go beyond experimentation and exploration with blockchain technology, TCS sees the need for horizontal cross-industry platforms on which scalable solutions can be rapidly developed.

TCS plans to scale up hybrid cloud infrastructure with new capabilities and a micro-services architecture which will enable enterprise customers to digitally transform their business while uncovering new business value. The platforms will sit on the Microsoft Azure blockchain technology cloud while harnessing the full potential of R3’s Corda Enterprise blockchain platform, allowing TCS to quickly develop and deliver application layer solutions.

TCS has already identified and is developing five blockchain technology platforms that include, digital identity, track and trace, assets in common, asset monetization, and tokenization. Across these horizontal platforms, TCS, has identified numerous solution opportunities and is building them out by leveraging their respective customer and partner networks.

Industry application of blockchain technology is widespread in areas like management of component lifecycle in manufacturing, digital assets rights, electronic health records management, software IP protection, peer-to-peer insurance, and many more. Platforms developed through the alliance will be equipped with complete DevOps kits wherein assets from all three companies would be available for rapid design, building, and deployment.

“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.”

“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. “This relationship would be valuable in accelerating adoption of these toolkits as well as in identifying future needs for rapid solution development and cloud hosting.”

ADVERTISEMENT

“This alliance is not just about bringing together each company’s products and services. It represents a rare opportunity for us to learn and develop solutions alongside one another so that the partnership is more than the sum of its parts,” said David E Rutter, CEO, R3. “It also provides a valuable ability to leverage joint networks of customers and partners to rapidly accelerate the adoption of Corda in key focus areas for R3, such as insurance, asset tokenization and digital identity verification.”

TCS has been successfully deploying its Quartz Blockchain technology Solutions for enterprises in the financial services value chain, leveraging the technology for its agility and ability to significantly reduce transaction costs. Now TCS is positioned to actively curate enterprise ecosystems through expanded blockchain platform solutions across industry domains that will identify unrealized business value for customers.

Read More: Blockchain Technology in Transportation Industry: How it works [Interview]

News Desk

News Desk

by CXO VOICE team memebrs, [email protected]

Related Posts

Blockchain

Blockchain protocol for metaverses, Meta0, announces partnership with Polygon

August 25, 2022
AI, Blockchain and IOT Together To Bring Real Value to Organizations
AI

AI, Blockchain and IOT Together To Bring Real Value to Organizations

October 1, 2020
blockchain advancing and transformin procurement functions
Blockchain

Blockchain Technology Advancing Procurement Functions

January 27, 2020
Blockchain in Finance and banking industry set to disrupt
Banking

4 Ways Blockchain is Set to Disrupt the Finance Industry in 2020

November 7, 2019
Mindtree Hyperledger Blockchain
Blockchain

Mindtree Joins Hyperledger to Accelerate Blockchain Development

August 1, 2019
blockchain summit by trescon
Blockchain

Maharashtra Government officially endorses World Blockchain Summit

June 19, 2019
blockchain technology projects mistakes to avoide
Blockchain

Seven Common Mistakes to Avoid in Enterprise Blockchain Projects

June 12, 2019
supply chain technology trends
Blockchain

Top 8 Supply Chain Technology Trends for 2019 by Gartner

April 24, 2019
Load More
ADVERTISEMENT

Latest Updates

Amazon to Invest Over $4 Billion to Launch Infrastructure Region in Chile

Amazon to Invest Over $4 Billion to Launch Infrastructure Region in Chile

by News Desk
12 hours ago

Johnson & Johnson Medtech

Johnson & Johnson Medtech Partners with Qure.ai to Boost Early Detection of Lung Cancer

by Businesswire Desk
13 hours ago

Ant International and Barclays

Ant International and Barclays Partner to Revolutionize Global Treasury Management with Advanced AI Technology

by News Desk
2 days ago

Microsoft Farmbeats

Microsoft and National FFA Expand FarmBeats for Students Program to Enhance Agricultural Education Across the U.S.

by News Desk
2 days ago

CEOs on AI

CEOs Bet Big on AI: Navigating the Hurdles to Unlock Its Power

by Deepa Sharma
3 days ago

Oracle Oracle APSSDC

Oracle Partners with APSSDC to Empower 400,000 Students in Andhra Pradesh with Cutting-Edge Digital Skills Training

by News Desk
3 days ago

Expert Views

Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025
multi cloud
Cloud

Multi-Cloud Made Simple: Strategies for Smart Business Management

March 5, 2025
Soft Skills
Opinion

Soft Skills and Technical Know-How: A Winning Combination in the Tech Industry

March 4, 2025
Digital Freedom
Cyber Security

Your Data, Their Gold: The Silent Battle for Digital Freedom

February 25, 2025
LLM in India
AI

Why A Homegrown LLM Is the Next Big Leap for India

February 22, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-
Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami
Leaders Talk

Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami

-
AI chatbots, Prasanna-Kumar
Leaders Talk

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved