Tata Consultancy Services Ltd.

Tata Consultancy Services (TCS) and Yale University have jointly launched a new framework that could help ensure privacy and trust in peer-to-peer digital networks. This would be a critical element in enhancing blockchain solutions for greater adoption by consumer. Yale University and TCS collaborated to create a new architecture, making use of decentralized storage provided by Hyperledger Fabric and the IPFS peer-to-peer network, as well as decentralized identities supported by Hyperledger Aries and Indy.

This framework is the first to combine the scalability and identity verification benefits of private blockchains with the trust and decentralization provided by public blockchains. Additionally, it provides the ability to share data and services through a fully decentralized digital ecosystem that enables user control of data. TCS developed the identity component, while Yale researchers built the core service and integrated the software components. The teams then evaluated the proof of concept, testing both its security and performance to support off-grid decentralized applications. The result is a platform that offers trusted exchanges within a decentralized framework.

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.