cxo voice
  • Home
  • News
  • View Points
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain
No Result
View All Result
  • Home
  • News
  • View Points
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain
No Result
View All Result
Leaders Interview, IT and Technology News India | CXO VOICE
No Result
View All Result
Home Cryptocurrency

TCS new crypto solution to help banks and financial firms offer seamless cryptocurrency trading

News Desk by News Desk
July 8, 2020
Reading Time: 3 mins read
TCS cryto solution Quartz
Share on FacebookShare on TwitterShare on LinkedinShare via E-Mail

Tata Consultancy Services (TCS) launched Quartz Smart Solution for Crypto Services, a next-gen, digitally-powered offering for banks and investment firms to provide secure and seamless cryptocurrency trading to their clientele.

TCS new crypto services solution created to support various cryptocurrencies and stable coins, digital currencies linked to fiat currencies, trading venues, and public blockchain networks, thus offering customers choice and flexibility when deciding their trading and investment strategies.

Importantly, it can help banks and investment firms offer their customers the ability to transfer payments in the form of ‘digital cash’, and benefit from lower transaction costs and quicker access to liquidity.

Quartz Smart Solution for Crypto Services comes integrated with a best-in-class hardware security module that enables cryptographic signing of each transaction, thereby ensuring security and authenticity.

With state-of-the-art features such as multi-signature wallets with an in-built authorization engine that enables configurable transaction approval policies, blockchain forensic checks, auto reconciliation and compliance alerts, exchange and OTC desk connectivity and audit capabilities, among others, it ensures that a transaction is executed only after proper validation as well as authorization by the user.

“Cryptocurrencies, digital fiat currencies and digital assets are poised to become viable alternate avenues for investments, hedging and portfolio diversification. Progressive financial institutions are looking to provide these options to their clientele. We are excited to offer them our robust, secure and scalable solution for trading, storing and transfer of these assets. We believe Quartz is well ahead of the curve in providing such a solution that allows customers to transact in multiple cryptocurrencies and digital assets, backed by best-in-class security features,”

Said R Vivekanand, Global Head, Quartz, TCS

Quartz – the Smart Ledgers solution, redefines how organizations can collaborate in an increasingly connected world, and leverage their collective strengths using distributed technology. The suite comprises Smart Solutions, a set of ‘designed for distributed ledger technology’ business offerings for different industries; the Quartz DevKit, a low code smart contract development kit to enable programming of high quality code on multiple technologies; the Quartz Gateway for the integration of existing solutions with varied ecosystems; and, the Quartz Command Center that can administer and monitor entire ecosystems.

Together, these solutions can help organizations set up truly connected ecosystems delivering real-time, efficient transaction processing based on a single source of truth on the ledger. The solutions can coexist with existing systems, support multiple technologies, and facilitate seamless integration with ecosystem participants.

Quartz – The Smart Ledgers

Quartz is a startup incubated by TCS, and provides foundational technology, tools and business components for creating distributed ledger solutions across varied industries.

Built on the core principles of Coexistence, Integration and Interoperability, Quartz enables existing systems to coexist and integrate with blockchain platforms and other messaging networks. With data masking, privacy and anonymity–the premise on which the solutions are designed–organizations can focus on enhancing their core competitive strengths in an environment of utmost security.

With Quartz, you can also facilitate the creation of a complete distributed ledger ecosystem for stakeholders in your value chain. Quartz caters to organizations across Industry segments including Financial Services, Banking, Supply Chain, Energy & Utilities and eGovernance.

To know more about TCS new crypto solution ‘Quartz’ visit: https://www.tcs.com/quartz-blockchain-solutions

News source: Press Release


  • The beauty of the Omnipresent Cloud
  • Combating cyber threats: 10 security tips in the COVID-19 era
  • 7 Best Practical Steps to Improve Analytical Skills

Tags: BanksCrypto SolutionscryptocurrencyCryptocurrency WalletscryptominingQuartzTCS
News Desk

News Desk

by CXO VOICE team memebrs, [email protected]

Related Posts

idbi intech
Banking

IDBI Intech and Yotta join hands to launch ‘Banking Compliance-as-a-Service’

January 6, 2021
10 Benefits of Adopting RPA in Banking and Financial Sectors
Automation

10 Benefits of Adopting RPA in Banking and Financial Sectors

November 9, 2020
Low Code: Transforming Banking, Today and Tomorrow
Banking

Low Code: Transforming Banking, Today and Tomorrow

November 9, 2020
IBM security cloud
Cyber Security

Security in the Cloud Remains Challenged by Complexity and Shadow IT: IBM

June 11, 2020
ICICI Bank Introduces voice banking via Amazon Alexa and Google Assistant
AI

ICICI Bank Introduces voice banking services on Alexa and Google Assistant

April 20, 2020
Omnichannel based future Banking
Banking

Past, Present, and Omnichannel Based Future of Banking

February 12, 2020
data protection
Banking

Data Protection Guide for Banking and Financial Firms

February 5, 2020
TCS Microsoft new business unit
Enterprise

TCS Microsoft Business Unit set to Empower Enterprises Digital Journey

November 19, 2019
Load More
Next Post
End to End Encryption a Current Necessity

End to End Encryption a Current Necessity

Discussion about this post

ADVERTISEMENT

Expert Views

Nine Things to Check While Choosing A Cloud Service Provider
Cloud

Nine Things to Check While Choosing A Cloud Service Provider

April 12, 2021
How innovation in Fintech is changing personal finance
Finance

How innovation in Fintech is changing personal finance

April 9, 2021
DaaS
Productivity

Working Remotely: Desktop as a Service (DaaS) could be a great advantage for SMBs

April 6, 2021
Insurance Underwriting
Insurance

5 Ways New-age Technologies Can Transform Underwriting

February 5, 2021
Key Fintech Trends to look out for in 2021
Finance

Key Fintech Trends to look out for in 2021

April 5, 2021

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Enterprises, and MSMEs IoT
Leaders Talk

IoT is now seen as an essential enabler for the enterprises to be future ready : Joyjeet Bose

-
Security While Working Remotely interview with Filip Coftas
Cyber Security

Security While Working Remotely [Interview]

-
Akita Security Device Help you Protect your Security During COVID-19 [Interview with Zakir Hussain]
COVID-19

Can Akita Security Device Help you Protect your Security During COVID-19 [Interview]

-
digital transformation and customer experience Newgen software
Interview

Digital Transformation Journey helps Newgen Software Improve Customer Experience [Interview]

-

Entrepreneur

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

Significance Of Ethical Entrepreneurship In The Post COVID-19 Economy

Five tips for entrepreneurs to tide over the coronavirus crisis

CXO VOICE is a premier resource for the enterprises, SMBs and Startups CXOs and business leaders, It enables CXOs and business executives gain access key insights, experts views, analysis, business strategy, and leaders interviews on what’s happening in the market and its impact.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]

Newsletter

Subscribe to our mailing list to receives newsletter direct to your inbox!

  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2018 CXO VOICE

No Result
View All Result
  • Home
  • News
  • View Points
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain

© 2018 CXO VOICE

Go to mobile version