Indian IT giant Tech Mahindra plans to create and deploy a number of blockchain solutions based on Amazon Managed Blockchain in the next year and a half.
According to the publication The Economic Times, Tech Mahindra is working with Amazon Web Services and other organizations to provide their solutions to blokcheyne customers worldwide. Tech Mahindra, a subsidiary of the Indian conglomerate Mahindra Group, will create blockchain solutions for the aviation, telecommunications, and healthcare industries. In addition, the company will implement projects for banking and financial services, retail, manufacturing and oil and gas clients.
Tech Mahindra’s primary goal is to improve supply chains in these industries to “ensure business continuity” even during a pandemic. The company plans to use blockchain to help the aviation industry track kits throughout the delivery process. In addition, the firm plans to create solutions that will help telecom equipment suppliers better control their supply chains.
“Global companies are facing challenges and are struggling to collectively strategize in this new, unexplored territory and ensure business continuity in today’s world of the coronavirus pandemic. Ensuring the continuity of the supply chain is paramount and requires more attention soon, ”said Rajesh Dhuddu, Head of Blockchain and Cybersecurity at Tech Mahindra.
The healthcare industry will be able to use Tech Mahindra’s solution to track and identify counterfeit medical products, including face masks and disinfectants. Dhuddu said:
“Organizations are encouraged to use technologies like blockchain to solve problems and create a competitive advantage for themselves. Our partnership with AWS will prepare for future challenges and accelerate the COVID-19 economic recovery for global supply chain organizations. ”
Recall that in the summer, Tech Mahindra began partnering with educational technology startup Idealabs to launch courses on blockchain, and in March it became known that the company plans to use the Marco Polo platform, based on the R3 Corda blockchain, for international payments.