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According to the report, the company leverages its Quartz™ solutions, patents, and expertise in AI to deliver interoperable, secure, and industry-ready solutions across industries
NEW YORK | MUMBAI, November 04, 2025: Tata Consultancy Services (TCS) has been recognized as a Leader in the Avasant Blockchain Services 2025 RadarView™ Report, for its Quartz™ product.
The report recognizes TCS’ leadership position in the blockchain space, highlighting its unique ability to leverage Quartz solutions, patents, and expertise in distributed ledger technology (DLT) to deliver interoperable, secure, and industry-ready solutions across BFSI, energy, supply chain, and government. It also highlights the depth of TCS’ consulting framework that supports clients in implementing blockchain with value realization, the multiple patents TCS holds to enhance blockchain security and efficiency as well as strategic partnerships with leading blockchain and technology providers.
The report cited the SaaS-based implementation of the Quartz Smart Solution for Digital Guarantees for two large financial institutions in the Middle East. It also mentions other industry-specific Smart Solutions – including for areas such as tokenization, stablecoins, CBDCs.
“With Quartz, we strive to craft an innovation-led journey that is fit for purpose for our clients, enabling them to harness the power of DLT and AI, co-existent with their core business operations,” said R Vivekanand, President, BFSI Products & Platforms, TCS. “This recognition of our leadership in blockchain services demonstrates our ability to help organizations effectively embrace the power of blockchain, our deep understanding of customer needs across domains, as well as our strategic partnerships.”
Built on the premise of ‘trusted intelligence’, Quartz adopts a philosophy of co-existence, integration, and interoperability, enabling organizations to retain the best of their existing solutions while moving appropriate parts of the business into a distributed architecture. This approach helps organizations manage risks, save costs, and seamlessly roll out new business services.
Quartz comprises the following offerings:
“As blockchain adoption accelerates, enterprises are embracing tokenization, digital identity, and AI convergence to enhance transparency, trust, and efficiency across value chains. Governments and financial institutions are leading this shift, leveraging blockchain to modernize financial infrastructure, strengthen data privacy, and support the growing demand for decentralized digital ecosystems," said Swapnil Bhatnagar, Partner, Avasant. "TCS has aligned its blockchain strategy with these market shifts through its Quartz suite of solutions, which offers industry-specific blockchain applications for tokenization, CBDCs, digital identity, and ESG reporting. The company holds over 10 patents under the Quartz product, reflecting its continued innovation focus, complemented by investments in blockchain training, certifications, and academic collaborations to strengthen R&D. TCS is also advancing AI–blockchain integration through Quartz Intelligent Insights for multimodal reporting and has strengthened its ecosystem via partnerships with Hyperledger Foundation, R3 Corda, Tezos, and Polygon. Its collaboration with Privado ID for digital identity and CrunchFish for offline CBDC transactions further highlights its commitment to interoperability and privacy-first blockchain solutions.“
“By combining deep industry expertise with a strong partner ecosystem and sustained innovation in its Quartz offerings, TCS continues to deliver secure, scalable, and trusted blockchain solutions, solidifying its position as a Leader in Avasant’s Blockchain Services 2025 RadarView™” he added.
To know more about Quartz, please write to us at tcs.quartz@tcs.com or visit https://www.tcs.com/what-we-do/products-platforms/quartz