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TCS in talks with states to set up blockchain infra
December 14, 2021
In a sign of things to come, a few State governments are in talks with organizations like Tata Consultancy Services (TCS) to set up blockchain-based foundation for different public projects and citizen services. The worldwide IT administrations major let BusinessLine know that in the following year and a half, blockchain technology will be commanded while offering for some government projects.
As indicated by TCS, blockchain can be utilized for giving decentralized and transparent population scale services including KYC, asset registration, fund transfers, procurement, voting system, digital currencies and data security.
R Vivekanand, Vice-President and Head of TCS Financial Solutions and Global Head of TCS Quartz, told BusinessLine, “There are numerous State governments, which are attempting to set up a blockchain framework. We are talking with atleast three of them. We take part in a portion of these discussions and guiding the states on blockchain framework.” TCS Quartz has made The Smart Ledger arrangement that upholds all the standard hidden blockchain advancements. The set-up of arrangements is a stage with basic devices to make blockchain-based decentralized solutions. The majority of the contributions under the blockchain solution have been kept open source in the Linux ecosystem.
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