Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1743.30
-24.50 (-1.39%)
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Tech Mahindra enters into strategic collaboration with i2Chain

Date: 18-04-2019

Tech Mahindra has entered into a strategic collaboration with i2Chain Inc., a San Francisco-based startup, leveraging next gen technologies to secure customer information and data assets.

Through this partnership, Tech Mahindra and i2Chain will offer a blockchain-based cybersecurity application to customers that is easy to use and provides information owners with an unprecedented level of control as to how, when and where other users can access their information, with the potential to substantially reduce the frequency and costs of security incidents. It enables enterprises and users to secure, share and transact with integrity and confidence, and is fully GDPR (General Data Protection Regulation) compliant. The application also makes chained information and identity tamperproof, and records all actions taken against a file in an immutable blockchain, fully accessible to support audits and forensics.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.