-15.85 (-0.50%) 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.