TCS Integrated Blockchain Solutions
Enabling Blockchain exploration and adoption journeys.
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Enabling Blockchain exploration and adoption journeys.
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Financial players today need to choose between platform- and business model-based approaches to understand, explore, and eventually adopt blockchain technology. A platform approach requires multiple validation cycles, which increases the time required. On the other hand, a business-model-first approach risks longer conceptualization cycles, due to lack of timely feedback.
TCS’ Integrated Blockchain offerings enables financial firms to explore and exploit blockchain potential.
The offering is based on a set of core guiding principles, with a ‘reference’ implementation.
A sponsorship model offers controlled onboarding of member participants and defines governance mechanisms.
Trusted and verified processing nodes, instead of public nodes, ensure solution integrity.
A distributed flat ledger with digitally signed information with controlled role-based access to the ledgers ensures privacy of information.
A simple, ready-to-use version of the platform is available for use. A number of PoCs across the business domains of value transfer, information registry, and digital notary have been built on the platform. Alternative platforms, based on bank’s preferences, are also supported.