TCS to drive blockchain adoption

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.