Komal Joshi · Oct 30, 2020 . 6min read
India’s Tech Mahindra Develops Various Solutions via Amazon Managed Blockchain
India's Tech Mahindra develops blockchain supply chain solutions for aviation, healthcare and telecom sectors with Amazon Managed Blockchain.
By Komal Joshi · Sep 8, 2020 . 7min read
On Monday, Tech Mahindra collaborated with Amazon Web Services (AWS) to develop Blockchain technology solutions. Tech Mahindra is a leading provider of digital transformation, consulting, business re-engineering services and solutions. According to the blog post, Tech Mahindra will offer Blockchain solutions developed on Amazon Managed Blockchain to users globally, employing AWS and other leading organizations worldwide.
The collaboration associates with Tech Mahindra’s ‘TechMNxt’ charter. It concentrates on offering solutions that empower digital transformation and meet the consumer’s emerging requirements. Amazon Managed Blockchain is a fully managed service. Moreover, it creates and operates scalable blockchain networks utilizing popular open-source frameworks. Additionally, Tech Mahindra intends to develop and market various transformative Blockchain solutions across industries like banking and financial services, telecom, retail, manufacturing, oil and gas, travel and logistics, and healthcare.
Tech Mahindra Blockchain and Cybersecurity Practice Leader, Rajesh Dhuddu commented on the development. He said that global businesses face sustained headwinds. Further, they strive to collectively navigate and strategize in this new, unchartered territory and facilitate business continuity in the current COVID-19 world. Additionally, he advises organizations to leverage technologies like Blockchain to discuss the difficulties and develop a competitive advantage. Moreover, he explains that AWS will strengthen pandemic preparedness and stimulate an economic rebound post-COVID-19 for organizations.
Intricate Details on Tech Mahindra’s AWS Services Provided
According to the blog post, Tech Mahindra will provide various solutions through the AWS Marketplace using Amazon Managed Blockchain services. The services include Kit Management, Outbound Logistics, Medical Material Track, and Trace. Kit Management (Aviation and Aerospace) facilitates effective tracking and tracing of the ‘kits’ obtained from multi-tier suppliers in the aviation industry.
Outbound Logistics (Telecom Supply Chain) facilitates enhanced visibility for Original Equipment Manufacturers (OEMs) on the Expected Time of Arrival (ETA) for business to consumer (B2C) supply chain in the telecom industry. Medical Material Track and Trace (Healthcare Supply Chain) enables time tracking and identification of fraudulent medical materials. Additionally, medical materials include Personal Protective Equipment (PPE) Kits, Face Masks, Gloves, and Sanitizers.
Additionally, Tech Mahindra currently launched blockchain-based digital contracts and rights platform. It was developed on IBM’s Blockchain to support artists from the media and entertainment industry. Moreover, it intends to track their revenue, royalty payments, and digital rights.
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