TCS Quartz solution is recognized as the leading provider of cryptography software

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Global IT giant Tata Consultancy Services (TCS) announced Monday that its Quartz solution has been recognized in the Celent Solutionscape report on crypto players in banking and payments.

The report surveyed 11 companies leading the new rails in retail and wholesale payments, among which Quartz was included as one of the leading providers of software used to build blockchain networks and issue smart contracts / digital assets. Quartzs solutions enable production deployment of blockchain ecosystems for areas such as cross-border remittances, interbank lending, cross-border settlements and crypto services.

Quartz Devkit and Gateway enable agile deployment of solutions in 3 to 6 months with productivity savings of 40 to 50% in blockchain programming.

TCS partners with its clients on their growth and transformation journeys, helping them anchor or participate in larger business ecosystems using Quartz-based solutions that connect the traditional and crypto systems of many. industries, founded on the philosophy of coexistence, integration and interoperability. This approach helps businesses leverage the power of distributed ledger (DLT) technology at their own pace, while reducing implementation risk, said R Vivekanand, global manager of Quartz, TCS.

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