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Tech Mahindra Eyeing a Blockchain Center for Its R&D Arm

Published 2 years ago by Viraj Shah

Tech Mahindra Eyeing a Blockchain Center for Its R&D Arm

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Indian IT giant Tech Mahindra will be using blockchain technology to create innovative enterprise-grade solutions for its global customer base. As per Bloomberg Quint, the company will set up a blockchain center within its research and development arm called Makers Lab. The program will help the firm build competency in the technology.

The batch will go through extensive training at the lab, where they will be writing codes, creating smart contracts and building solutions in order to acquire hands-on experience in the technology. Makers Lab is the research and development arm of the company, which acts as a center for coinnovation for the company’s solutions with partner companies, universities, start-ups, research institutions, and customers. The Lab focuses extensively on next-gen technologies like robots, the Internet of Things, machine learning, artificial intelligence, among others.

The Lab has four domestic centers in Pune, Hyderabad, Bengaluru, and Chennai, along with three international centers in Germany, the UK, and the US. The company has recently partnered with Stockholm-based blockchain service provider ChromaWay to bring DLT solutions to the Indian market. The Canadian initiative aims to use artificial intelligence and blockchain, especially for creating smart cities and working in the fintech sector. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

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