Author

Topic: Tech Mahindra using Samsung's Nexledger Blockchain (Read 171 times)

legendary
Activity: 2534
Merit: 2270
Indian Tech Giant Tech Mahindra to Combat Spam Phone Calls With Blockchain

Major international Indian technology company Tech Mahindra will be implementing an anti-spam call solution powered by blockchain, Indian business daily Business Today reports on May 2.

This solution will allow phone companies to comply with the Telecom Regulatory Authority of India (TRAI)'s regulations to protect mobile phone subscribers from unsolicited Commercial Communication (UCC), which will come into effect in the last week of May.

Rajesh Dhuddu, Global Practice Leader of Blockchain at Tech Mahindra said that the TRAI regulations will affect 800 million subscribers.

The solution uses blockchain tech to save and share a user’s incoming contact settings, i.e. who they have consented to receive communications from. Tech Mahindra says they provided proof of concept for this solution, in conjunction with Microsoft, to TRAI back in 2018.

On the topic of blockchain solutions, Dhuddu praised blockchain for its ability to help repair what he views as a trust deficit in Government to Citizen (G2C) services and business transactions:

“Blockchain, with its key features such as Secure Hash Algorithms, Consensus based decision making, immutable transactions and distributed ledgers, serves as a panacea for growing trust deficit not only in G2C services but also in overall business world.”

Tech Mahindra is a $4.9 billion company operating globally. The firm works in the IT sector as well as in business process outsourcing. Today, Vodafone extended deadlines for its staff in New Zealand to sign contracts with Tech Mahindra, as Vodafone plans to make 200 call center staff in Auckland and Christchurch redundant.

As previously reported, Tech Mahindra is now working with tech giant Samsung to implement solutions with the latter’s blockchain platform Nexledger. The arrangement allows Samsung to expand its international blockchain opportunities and for Tech Mahindra to grow its blockchain operations in India.

https://cointelegraph.com/news/indian-tech-firm-tech-mahindra-to-combat-spam-phone-calls-with-blockchain
hero member
Activity: 2646
Merit: 713
Nothing lasts forever
i am not sure how Company  using bitcoin because as per RBI all bank suppose to stop using bitcoin payment and trading then how this tech gain are using crpto
Nobody here said that any of these companies are making transactions in bitcoin. I guess you have misunderstood something or have got the wrong information.
These companies are just using the blockchain technology for the required usecases.

I simply have a question because I doubt about the positiveness of news. Indian TCS has just announced the first successful blockchain cross-border securities settlement between 2 depositories that is carried out by India Tata Consultancy Services. I read it on the prestige news source Crypto Insight but the importance here I would like to hear from Indian.  Is it right ? https://thecryptosight.com/tata-consultancy-services-carried-out-worlds-first-blockchain-cross-border-securities-settlement/
1. I don't know if it's true or not because we can't simply trust any article published on any random site.
2. The article clearly mentions that it is a trial run which means it is just a test and the main transaction is yet to be done.
sr. member
Activity: 630
Merit: 262
This account was hacked. just recently got it back
i am not sure how Company  using bitcoin because as per RBI all bank suppose to stop using bitcoin payment and trading then how this tech gain are using crpto
legendary
Activity: 2618
Merit: 1094
They are still investigating it's use and I think it will still take time for them to implement it. It's not so positive as even earlier many companies were planning to use blockchain technology but nothing was ever implemented.
hero member
Activity: 2646
Merit: 713
Nothing lasts forever
It's been long since we have heard any Indian tech company using blockchain but the wait is over. Indian tech company 'Tech Mahindra' is now in collaboration with tech giant 'Samsung' to use it's Nexledger blockchain technology which is used in finance, manufacturing, logistics etc.. . Samsung has plans to expand the Nexledger blockchain technology not only in India but also in Europe and the U.S.
This move will create an impact towards the Indian government and may be the next hearing of the Supreme court turns out to be a positive one for India.

Source: https://cointelegraph.com/news/indian-it-giant-tech-mahindra-to-use-samsungs-nexledger-blockchain-local-media?utm_source=Telegram&utm_medium=social
Jump to: