TCS rises on introducing composite quality engineering service for blockchain applications

23 Oct 2020

Tata Consultancy Services is currently trading at Rs. 2674.90, up by 4.10 points or 0.15% from its previous closing of Rs. 2670.80 on the BSE.

The scrip opened at Rs. 2684.00 and has touched a high and low of Rs. 2706.05 and Rs. 2670.55 respectively. So far 28728 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2885.00 on 08-Oct-2020 and a 52 week low of Rs. 1504.40 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2777.00 and Rs. 2638.55 respectively. The current market cap of the company is Rs. 1003950.53 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.85% and 4.03% respectively.

Tata Consultancy Services (TCS) has introduced a composite quality engineering (QE) service for blockchain applications called TCS Blockchain QE Servicesthat combines smart contract auditing with cloud deployment design, API audits, and usability testing to help enterprises safeguard against security, privacy, and reliability threats.

Leveraging the experience and capabilities of TCS’ Quality Engineering and Transformation Platform Services, the new services cater to applications over a wide range of blockchain platforms. The offering reimagines testing by leveraging innovative methods from the proven Quality Engineering Platform ecosystem. TCS provides smart contract testing services as part of this offering to thwart vulnerabilities in the business logic codified in smart contracts. It can also ring fence the entire blockchain solution at protocol and ecosystem level to ensure safety and security of enterprise applications.

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

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