Tata Consultancy Services to develop cross-industry Blockchain solutions with Microsoft, R3 technology
Tata Consultancy Services (TCS), an IT services, consulting, and business solutions organisation, is developing solutions to drive adoption of Blockchain. The initiative will use technologies from Microsoft and R3, an enterprise Blockchain software firm. TCS sees the need for horizontal cross-industry platforms on which scalable solutions can be rapidly developed. The company will offer a platform for hybrid cloud and another for microservices architecture on the Microsoft Azure Blockchain cloud. At the same time R3’s Corda Enterprise Blockchain platform will allow TCS to quickly develop and deliver application layer solutions. TCS is developing five horizontal Blockchain platforms: for digital identity, track and trace, assets in common, asset monetisation, and tokenisation. Across these platforms, TCS has already identified numerous solution opportunities and is leveraging customer and partner networks to build them out. Platforms developed through the alliance be equi...