Tech Mahindra, the Indian IT giant, has planned to build and deploy blockchain solutions on Amazon Managed Blockchain in the next 12 to 18 months.
On September 7, it has been reported by The Economic Times that the technology giant has collaborated with Amazon Web Services and other organizations to deliver its blockchain solution to its customers worldwide.
However, Tech Mahindra, the subsidiary of the Indian conglomerate, Mahindra Group, will work on blockchain solutions for the aviation, telecom, and healthcare sectors while also pursuing projects for its banking and financial services, retail, manufacturing, and oil and gas customers. Their primary focus is to disrupt the supply chain across these industries to “facilitate business continuity” even during the times of a global pandemic.
The company plans to use blockchain to help the aviation industry track and trace “kits” throughout the delivery process, as they will also build solutions that help hardware vendors in the telecom industry gain better visibility in the supply chain.
As per the report, the healthcare industry will be able to use Tech Mahindra’s blockchain solution to track and identify counterfeit medical products including personal protective equipment kits, face masks, and sanitizers.
Thus, Tech Mahindra recently launched a blockchain-based digital contracts and rights platform built on top of IBM’s blockchain to help artists from the media and entertainment industry track their revenue, royalty payments, and digital rights.