- The worldwide blockchain technology current market size is predicted to grasp $57.6 billion by 2025
- Quartz, TCS's blockchain solution suite, consists of Smart Solutions, a set of 'designed for blockchain' business enterprise offerings for several industries
India’s most well known IT services organization Tata Consultancy Services (TCS) Ltd on Monday, declared the release of its Quartz DevKit to enable businesses to build blockchain applications 40% faster.
Quartz DevKit is
“an intuitive, low code development kit for enterprises to quickly build and deploy blockchain applications on any popular blockchain platform…Its intuitive, web-based integrated development environment helps programmers seamlessly design, compile, package, and deploy business code on their preferred blockchain platform,” TCS stated in a statement.
“Many of our customers, across industries, are leveraging blockchain technology to establish frictionless transactions across their extended ecosystem. We developed the Quartz DevKit to help their teams rapidly put together high-quality pilots using smart contracts on any platform with reduced coding effort. We have received very positive feedback from our pilot customers, and are pleased to make the DevKit available for use at scale,” stated R Vivekanand, global head of Quartz, TCS.
The comprehensive blockchain technology’s current market size is predicted to grasp $57.6 billion by 2025, enrolling a CAGR of 69.4% from 2019 to 2025, as stated by Grand View Research.
TCS roll-outs Quartz DevKit to help businesses build blockchain applications 40% faster
Quartz, TCS’s blockchain solution suite, consists of Smart Solutions, a set of ‘designed for blockchain’ business enterprise offerings for several industries; the Quartz DevKit, a smart contract development kit to help development of top quality code on diverse blockchain platforms; the Quartz Gateway for the incorporation of existing solutions with blockchain environments; and, the Quartz Command Center that may administrate and keep an eye on complete environments.
Jointly, these types of solutions are targeted at assisting enterprises to build genuinely linked environments that operate on blockchain technology, providing real-time, effective transaction processing based upon just one way to the truth on the ledger. The solutions can coexist with existing systems, support multiple blockchain platforms, and facilitate seamless integration with ecosystem participants.
Quartz – The Smart Ledgers
Quartz solutions are focused on encouraging businesses throughout multiple domains, leverage blockchain significantly for businesses and organizations. The solutions are intended keeping at heart the guidelines of co-existence, integrating, and interoperability. They will help to ensure organizations agile, noticeably cut down transaction processing period and costs associated with data exchange with upstream and also downstream systems. With the data masking, privacy, and anonymity–the basic which the solutions are made–businesses can easily focus on boosting their core competitive strengths in the ecosystem of uttermost security. Quartz contains business solutions in the type of Quartz Smart Solutions and platform solutions, specifically the Quartz Gateway, the Quartz DevKit, and Quartz Command Center.