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BlockApps partners with Indian IT firm to boost adoption of blockchain business networks

Fri, 09 Aug 2019, 10:25 am UTC

U.S.-based blockchain startup BlockApps has entered into a partnership with Indian IT giant Tech Mahindra to accelerate the adoption of blockchain business networks.

In its press release, BlockApps noted that the adoption of enterprise blockchain networks, despite their high demand, has been limited mainly due to the difficulty of integrating data from existing systems with blockchain technology.

Under the partnership, Tech Mahindra will assist more than 935 corporate global customers to overcome this challenge and render seamless integration with the BlockApps STRATO, a first Blockchain-as-a-Service (BaaS) platform which enables building and running blockchain business networks across all verticals.

"As we continue to launch production blockchain business networks across industries such as agriculture, supply chain and entertainment, we have seen a clear need to communicate with the systems enterprises already have," said Kieren James Lubin, CEO of BlockApps. "By working with Tech Mahindra, we can make this process easier than ever, and help companies preserve existing investments."

Built on Ethereum protocols, BlockApps STRATO also provides core enterprise features, such as flexible API integration capabilities, high transaction performance, and the capability to query and report on blockchain data using traditional business tools.

Rajesh Dhuddu, Global Practice Leader of Blockchain at Tech Mahindra, said that the partnership will make it easy for companies to transform their legacy systems into a blockchain-based business network without disruption.

Earlier in May, reports suggested that Tech Mahindra was going to roll out a blockchain-based solution to protect mobile phone subscribers from unsolicited Commercial Communication (UCC) or spam calls in India. It has also partnered with Samsung SDS to drive the global expansion of the latter’s enterprise blockchain platform ‘Nexledger’.

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