Tata Consultancy Service (TCS), India’s largest IT services company announced the launch of blockchain-initiative kid for enterprises. The kit is called “Quartz DevKit” which can help enterprises build and deploy blockchain applications on platforms such as Hyperledger Fabric, R3 Corda or Ethereum.
The news was officially released on Monday, December 16, stating that “Quartz™ DevKit Helps Enterprises Build Blockchain Apps 40% Faster”. Per the official release, the development kid is low coded, built for enterprises to enable them to enter the blockchain ecosystem.
The DevKit abstracts out the complexity of the underlying blockchain technology and provides a low code approach to build and deploy blockchain applications on any preferred blockchain platform – such as Hyperledger Fabric, Ethereum or R3 Corda – while allowing for platform-specific code to be written as an extension over the pre-built templates, reads TCS official announcement.
With this, TCS states that the programmers can write smart contracts 40% faster as the Quartz™ DevKit features various components required for enterprises to the built applications on the blockchain platform. It mentions that the components that are crucial for administration and deployment, encryption, platform security authentication, platform setup, identity, and user management are pre-built in the development kit. These pre-built components will enable programmers to design, compile and deploy the code on various blockchain platforms.
Notably, TCS has a market capitalization of over $100 billion and has operations across five continents. However, this isn’t the first of its time for TCS in the blockchain spectrum, the giant earlier in April this year reportedly completed a blockchain trial to settle cross-border securities between central securities depositories (CSDs). More so, R Vivekanand, Global Head, Quart, TCS notes that many customers of TCS across industries are using blockchain technology to “establish frictionless transactions across their extended ecosystem”. He went on to say that;
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,”
As a streamlined approach for their clients, TCS elaborates that the kit also has a web-based development environment and plug-and-play components that allow easier and quicker access to the programmer to build smart contracts. In a nutshell, TCS’s Quartz products that promote the development of blockchain products among their clients will likely integrate their existing solutions with blockchain platforms.
Image Source – Glassdoor
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