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Press Release

Tata Consultancy Services’ New Low Code Development Toolkit Enables Rapid Development of High Quality Blockchain Applications on Popular Blockchain Platforms

tcs quartz

MUMBAI, December  16, 2019: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced the general availability of its Quartz™ DevKit, an intuitive, low code development kit for enterprises to quickly build and deploy blockchain applications on any popular blockchain platform.

The DevKit abstracts out the complexity of the underlying blockchain technology and provides a low code approach to build and deploy blockchain applications on any preferred blockchain platform – such as Hyperledger Fabric, Ethereum or R3 Corda – while allowing for platform-specific code to be written as an extension over the pre-built templates.

Using its pre-built components for platform setup, administration and deployment, platform security authentication, encryption, and node as well as identity and user management, programmers can write smart contracts 40% faster.

Its intuitive, web-based integrated development environment helps programmers seamlessly design, compile, package, and deploy business code on their preferred blockchain platform. Additionally, the DevKit’s integrated code quality analyzer ensures that the smart contracts incorporate best in class coding practices.

Many of our customers, across industries, are leveraging blockchain technology to establish frictionless transactions across their extended ecosystem. We developed the Quartz DevKit to help their teams rapidly put together high-quality pilots using smart contracts on any platform with reduced coding effort. We have received very positive feedback from our pilot customers, and are pleased to make the DevKit available for use at scale,” said R Vivekanand, Global Head, Quartz, TCS.

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

Together, these solutions can help organizations set up truly connected ecosystems that run on blockchain technology, 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 blockchain platforms, and facilitate seamless integration with ecosystem participants.

Quartz – The Smart Ledgers

Quartz solutions are targeted at helping organizations across multiple domains leverage blockchain meaningfully for their businesses. The solutions are designed keeping in mind the principles of co-existence, integration and interoperability. They can help make organizations agile, significantly reduce transaction processing timelines and costs related to data exchange with upstream as well as downstream systems. 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. Quartz comprises business solutions in the form of Quartz Smart Solutions and platform solutions, namely, the Quartz Gateway, the Quartz DevKit and Quartz Command Center.

To know more about Quartz, please visit: https://www.tcs.com/quartz-blockchain-solutions

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