Indian Tech Giant TCS Entry in Blockchain & Launches Crypto Trading Solution
With each passing day bitcoin, cryptocurrencies, and Blockchain technology is getting more attention. Blockchain is the latest and new-age technology that is capable of managing vast data for multiple industries. Blockchain and cryptos are connected without one we can not expect another to work. Certainly, blockchain is a technology that makes data handling easy but to get the things done we need to reward the person with token and that token is called cryptocurrency. The best part about this technology is that it keeps the data safe and there is no score for data manipulation. All these things attract many tech giants to enter in this industry to explore what best they can make out of it.
This week one of the biggest Indian tech giant Tata Consultancy Services (TCS) has announced its entry in the crypto world through the trading solutions. TCS has launched Quartz™ Smart Solution platform that can help the financial institution, banks, and other entities who are dealing in financial services.
Tata Consultancy Services’ New Crypto Services Solution Allows Banks and Investment Firms to enable investments and portfolio diversification into Cryptocurrencies and Digital Assets for their clients.
TCS hosted a live event to showcase this platform on 15th July 20 in New Delhi. This event was hosted online because of covid and they got quite a good number of audience that shows the interest of Indians in the technology and crypto world.
TCS has designed and developed Quartz™, on the principles of Coexistence, Integration, and Interoperability, comprising a rich set of offerings which are decentralized by design and can help you embark on a journey into the world of crypto assets.
Quartz is going to be a platform for crypto trading, investments, digital portfolio management, and a hi-end technology platform for various industries to onboard and make their operations and data management hassle-free.
The entry of such a big Indian company in the blockchain industry gives hope to the Indian blockchain and crypto community because now things should be moving at a fast pace. India has already been in a place where Govt had put banking ban on crypto trades which remained over a year and this year in march month it was taken back. After March a lot is happening in the country in crypto space and its a very good movie. As of now, not even 1% of people in the country are not in crypto but let's suppose if in the coming month and years this number grows if it becomes 4-5% then it will make the crypto community stronger.
Thank you so much
Hello friend @alokkumar121
This is good news. The fact that India managed to take this step in incorporating this great company into cryptography and blockchain is important for several reasons. The amount of population of India, go from 1 to 4-5% would be a large number of people who joined the network blockchain.
This point of being able to facilitate the process of incorporating banking into the blockchain is vital for rapid growth, at least I think so.
certainly .. looking at India's population even 1% will make a big difference.
I also have the same thought. if Banking enters in to blockchain it will be great and hope it happens in coming years.
@tipu curate
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It is great to know that technology companies are going into blockchain. No doubt, this will cause the technology of blockchain to go mainstream and will lead to mass adoption.
Nice one
yeah. such big companies entry will bring more names in the crypto world.
Hi @alokkumar121
Sicuramente un'ottima notizia non solo per la comunità indiana, ma per tutti, grazie per aver condiviso questa eccellente notizia.
it is an undeniable factor that India does not want to be left behind allow China (its strongest rival) take advantage in this field, and i am very pleased to keer the information you are sharing because I think they are very good noricuas India's potential is enormous and when all their population use blockchaib surely they will be a reference of how to wear kas rules of the game in the world of blockchain and this is going to be a very interesting process to observe.