TCS Announces Launch of Quartz Smart Solution for Crypto Services

July 8, 2020      Vandana Malik

Tata Consultancy Services, TCS one of the most prominent Indian IT Consultancy service provider has announced the launch of its Quartz Smart Solution. This has been specially launched for the crypto service which is “next-gen digitally powered offering for banks and investment firms to provide secure and seamless cryptocurrency trading to their clientele”.

It has been specified by the firm that the main purpose of designing this solution is to provide support to different cryptocurrencies and stable coins. Along with this, it will also provide support to digital currencies which are linked to fiat currencies and different public blockchain networks. This will ultimately provide choice and flexibility to the customers of the firm.

TCS Quartz comes with best-in-class hardware security module

In the announcement made by TCS, it has been mentioned that the Quartz Smart Solution of the firm has been developed with a best-in-class hardware security module. The main purpose of this hardware security module is to keep a check on the authenticity and security of the transactions.

R Vivekanand, Global Head of Quartz, TCS has shown his excitement for offering these secure and scalable solutions to their clients. He said that,

“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.”

Smart Solutions will help to set up a connected ecosystem 

The main purpose of these smart solutions is to help different organisations to set up a connected ecosystem. Quartz solutions are going to completely redefine the way in which the organisations will be collaborating with each other in a connected ecosystem. This has been considered as quite a great move by an Indian firm for the Indian crypto community. Nischal Shetty, the founder of WazirX has said that releasing crypto trading solutions should be considered as a great move by TCS. He further said that it is simply going to promote crypto innovation across the country.

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Vandana Malik
Vandana Malik

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.