An Information technology company called Tech Mahindra Limited who has collaborated with the global software solutions and IT services company Samsung SDS. Exploring the global blockchain market with a blockchain platform called Nexledger is a purpose of this collaboration.
The blockchain platform Nexledger is a flexible and scalable platform. It provides enterprises with various customizable use case application services. Samsung SDS created the platform. A wide range of use cases was secured by Samsung SDS. The use cases are related to logistics, financial and public sector. Tech Mahindra will provide contributions to Nexledger improvement.
Samsung SDS is a subsidiary of Samsung group. It was established in 1985. It is considered as a software arm of Samsung group. It has 30+ years of experiences in providing a digital innovation and transformation solution. It uses next-generation technologies [analytics, AI, and cloud along with the blockchain]. The purpose of the next-generation technologies usage is to help various industries [financial services, global logistics, enterprise mobility, intelligent manufacturing, and retail].
The Information technology company Tech Mahindra Limited is an Indian multinational company providing an innovative and customer-centric information technology solution. It has more than 121,840 professionals in 90 countries. It helps more than 935 customers around the globe.
The blockchain platform Nexledger facilitates secure and convenient transactions. It provides enterprises with unlimited approaches. Business growth can be achieved through the approaches. It also provides possibilities., viz., digital identity, digital payment, and digital stamping, according to the official website of Samsung SDS reported.
The Global Practice Leader, Blockchain at the Information technology company Tech Mahindra Rajesh Dhuddu 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 deployment 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,” PRNewswire reported.
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