Tata Consultancy Services was Recognized for its Exceptional Blockchain Services and Solutions that Drive Operations, Supply Chain, and Ecosystem Transformations
MUMBAI, December 13, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), announced that it has won the 2021 Enterprise Blockchain Awards in the category Blockchain Services from the Blockchain Research Institute™ (BRI), the world’s largest independent blockchain think-tank.
The 2021 Enterprise Blockchain Awards recognize exceptional leaders, innovators, entrepreneurs, and service providers driving global enterprise blockchain transformation across the globe. The Blockchain Services category celebrates providers of blockchain technologies and services that transform their clients’ operations, supply chains, or ecosystems.
TCS was recognized for its ability to bring together a winning combination of products, consulting and services that can help customers create powerful ecosystems, driving business transformation. TCS’ Quartz™ suite of solutions are architected for co-existence, integration, and interoperability, enabling customers to assimilate blockchain technology into their businesses seamlessly.
Quartz solutions are designed to enable institutional grade, secure custody, and transaction management for crypto and digital assets. The solutions support a range of business services including wallet operations, exchange and off-market trading, transfer of cryptocurrencies, token issuance and the entire lifecycle of digital assets, with transaction monitoring, compliance, and audit integrated within each service.
TCS DLT OCEAN is a consulting-led, integrated framework that empowers customers with a 360-degree view of their blockchain adoption journey. It brings together TCS’ experience across multiple blockchain platforms and protocols, and cross-industry domain knowledge to help accelerate enterprise blockchain adoption.
“TCS and Quartz Solutions have demonstrated remarkable leadership in the global enterprise blockchain ecosystem,” said Don Tapscott, Co-founder and Executive Chairman, Blockchain Research Institute. “It is because of their ability to produce innovative enterprise products and services that the Judging Committee awarded them the 2021 Enterprise Blockchain Award for Blockchain Services. Congratulations TCS and Quartz – and thank you for your continued leadership.”
“Blockchain has become a foundational technology that simplifies business processes and transforms industries. Be it in the unlocking of value through the tokenization of securities as well as virtual assets like NFTs, the ability to guarantee provenance of luxury goods and commodities, or the seamless tracking of life-saving drugs and vaccine information, blockchain technology is transforming businesses and society,” said R Vivekanand, Global Head, Quartz, TCS. “This award from BRI is a recognition of our blockchain strategy, our approach in leading with Quartz solutions and consulting, and our investments in building expertise and fit for purpose solutions ahead of the curve.”
To learn more about Quartz, visit: https://www.tcs.com/quartz
Quartz comprises Smart Solutions, a set of ‘designed for blockchain’ business offerings for different industries; Ledgers, Off-the-shelf ledger structures, functions, and APIs for business processes across various domains; the DevKit, a smart contract development kit to enable programming of high-quality code on multiple blockchain platforms; the Gateway & Command Center for the integration of existing solutions with blockchain ecosystems and their administration and supervision. Built on the core principles of Coexistence, Integration and Interoperability, Quartz enables existing systems to coexist and integrate with blockchain platforms and other messaging networks.
With Quartz, you can facilitate the creation of a complete decentralized ecosystem for stakeholders in your value chain. Quartz caters to organizations across Industry segments including Financial Services, Banking, Supply Chain, Energy & Utilities and eGovernance.
To know more about Quartz, please visit: https://www.tcs.com/quartz
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 528,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.
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