MoneyWorks4Me

TCS aiming to generate $200 million in revenue from Blockchain: Report

16 Jul 2018 Evaluate

Tata Consultancy Services (TCS) is reportedly aiming to generate at least $200 million in annual revenue from its Blockchain practice. Blockchain technology is a new approach to how databases can be shared by multiple individuals or entities. The banking sector with respect to payments, trade processing and settlements in capital markets are seeing very advanced stage of adoption of Blockchain.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

Peers
Company Name CMP
TCS 2354.45
Infosys 1111.00
HCL Technologies 1363.30
Wipro 173.70
Tech Mahindra 1648.70
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