17.8 C
July 16, 2019
Image default

Tech Mahindra and Samsung SDS announce blockchain collaboration

PUNE: Tech Mahindra and Samsung SDS have announced that they will collaborate to offer Samsung SDS’s blockchain platform, Nexledger, in the Indian and global market.

Nexledger, a blockchain platform developed by Samsung SDS, the software arm of Samsung, is flexible and scalable with the ability to deliver wide spectrum of customizable use case application services based on enterprise specific requirements. Tech Mahindra would also contribute to improve Nexledger capabilities by participating in the development process of Nexledger platform.

Rajesh Dhuddu, global practice leader- blockchain at Tech Mahindra, said, “As part of our TechMNxt charter, we are invested in creating a partner ecosystem to leverage next generation technologies and platforms to provide enhanced experience to our customers.

As a step towards the same, we are delighted to partner with Samsung SDS and look forward to leveraging their market research, proprietary Blockchain platform Nexledger that has proven ability to automate a complex Blockchain network deploydeployment and maximise transactions not only on their native platform but also on Hyperledger and Ethereum. This partnership will also enhance our reach in Korean, India and other APAC markets, maximise the joint offerings through a combination of respective platforms, Tech Mahindra’s System Integration skills and Innovation centres in India.”

While customers have been running PoCs using blockchain over the past year, companies expect that these would get converted into commercial deployments this year. Blockchain is a strong focus area for both companies in 2019, they said. Mahn Chey, President of Samsung SDS India said, “We are proud to announce our joint efforts to promote Nexledger in the global market with Tech Mahindra.

As a company that believes in the value the blockchain technology will bring, Samsung SDS has dedicated its efforts to develop a blockchain platform, Nexledger, that meets the enterprise needs in the business sector. Together with Tech Mahindra, we look forward to delivering blockchain powered digital transformation to our clients.”

Related posts

Leading UK Port Operator Seeks to Improve Shipping Logistics via Blockchain


US Ranks as ‘Most Favorable’ Country for ICOs in Recent Report


Platform to Weed Out Scam ICOs and Help Inventors Thrive