Sunday, December 22, 2024
Home > News > Cryptocurrency Market > Tata Consultancy Services Launches Blockchain App Deployment Kit

Tata Consultancy Services Launches Blockchain App Deployment Kit

Multinational IT services giant Tata Consultancy Services (TCS) launched a blockchain app development kit (DevKit).

According to an announcement published by TCS on Dec. 16, the new Quartz DevKit is a low-code web-based integrated development environment that aims to allow enterprises to quickly build and deploy applications on any chosen blockchain in a simplified way.

Fast blockchain app deployment

The DevKit features expandable pre-built templates for platform setup, administration, deployment, platform security authentication, encryption, node, identity and user management. The firm claims that this lets programmers write smart contracts 40% faster than without its DevKit. Global Quartz head at TCS Ramgopal Vivekanand commented:

“Many of our customers, across industries, are leveraging blockchain technology to establish frictionless transactions across their extended ecosystem. We developed the Quartz DevKit to help their teams rapidly put together high-quality pilots using smart contracts on any platform with reduced coding effort. We have received very positive feedback from our pilot customers, and are pleased to make the DevKit available for use at scale.”

The DevKit is part of the Quartz solution alongside the Quartz Gateway, which allows for the integration of existing solutions with blockchains and the Quartz Command Center ecosystem administration and monitoring tool. Quartz cites Hyperledger, Ripple, R3’s Corda and Ethereum as supported blockchains.

According to business information website Crunchbase, TCS operates on all five continents, with an estimated annual revenue of $22.2 billion.

This is not TCS’s first foray into blockchain technology. As CryptoX reported in April, the firm claimed that it carried out what it defines as the world’s first cross-border securities settlement between two central depositories using the Quartz solution.



Source

Leave a Reply

Your email address will not be published. Required fields are marked *