Indian IT tech giant Tech Mahindra will start building blockchain supply chain solutions for flight, healthcare, and telecom areas.
The Indian large IT company Tech Mahindra is preparing to develop and expand an array of blockchain solutions on Amazon Managed Blockchain in the following 12 to 18 months.
The big technology company has cooperated with Amazon Web Services and different organizations to achieve its blockchain solution to its global clients according to a story by The Economic Times on Sept. 7.
Tech Mahindra, the subsidiary of the Indian conglomerate, Mahindra Group, will operate on blockchain solutions for the flight, telecom, and healthcare areas while also seeking projects for its banking and financial services, retail, manufacturing, and oil and gas clients.
Their main focus is to interrupt the supply chain beyond these industries to “facilitate business continuity” still during times of a global pandemic.
The firm intends to use blockchain to improve the aviation industry track and track “kits” during the delivery process. They will also develop solutions that encourage hardware vendors in the telecom industry to gain greater visibility in the supply chain.
The healthcare industry has also the chance to use Tech Mahindra’s blockchain solution to trace and recognize counterfeit medical goods including personal protective equipment kits, face masks, and sanitizers.
Tech Mahindra lately started a blockchain-based digital agreements and rights platform created on top of IBM’s blockchain to support artists from the media and entertainment industry trace their income, royalty payments, and digital rights.
The IT giant also launched an accelerator program alongside the government of the southern Indian state Telangana to support blockchain innovation in the country.
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