TCS offers blockchain solution Quartz on Microsoft Azure

Information technology (IT) services firm Tata Consultancy Services (TCS) has made its blockchain product Quartz generally available on the Microsoft Azure Blockchain Service. 

TCS, in a statement, said that it has already signed up customers for Quartz on Azure and expects greater demand for its ready-to-use solutions on the Microsoft platform. It will help customers significantly cut their overall time-to-market and build competitive differentiation in the post-pandemic world, it said. 

“With Quartz, enterprises across industries like financial services, e-governance, utilities, travel and hospitality, telecom and aviation can harness the power of blockchain technology to connect with larger ecosystems and evolve augmented multi-industry offerings aligned to a purpose-driven strategy, a key aspect driving blockchain adoption,” R Vivekanand, global head of Quartz at TCS, said. 

Quartz provides foundational technology, tools and business components to create distributed ledger solutions across varied industries. It enables existing systems to coexist and integrate with blockchain platforms and other messaging networks. 

With data masking, privacy and anonymity -- the premise on which the solutions are designed -- organisations can focus on improving their core competitive strengths in a secure environment, the statement said. 

The Quartz suite of products includes the Quartz – The Smart Ledgers package, which comprises smart solutions and a set of verticalised business offerings that use distributed ledger technology; the Quartz DevKit, which allows enterprises to build and deploy blockchain applications on platforms such as hyperledger, ethereum or R3 Corda; the Quartz Gateway, which allows for the integration of existing client solutions with blockchain ecosystems; and the Quartz Command Center, which allows clients to administer and monitor the entire ecosystem.    

“We are pleased to have Quartz – The Smart Ledgers solution, take advantage of Microsoft Azure Blockchain Service. The solution is targeted at enterprises seeking to harness the potential of blockchain, while benefiting from the scalability and elasticity offered by the cloud,” Matthew Kerner, general manager of Azure Blockchain at Microsoft, said.