Tech Mahindra Announces Blockchain Collaboration with Samsung

Tech Mahindra, Blockchain, Samsung

Samsung SDS and Tech Mahindra have announced that they will collaborate on the Samsung SDS Blockchain platform, Nexledger.

Nexledger a Blockchain platform developed by the Korean brand offers the flexibility to deliver a wide spectrum of customizable use case application services based on enterprise-specific requirements. Tech Mahindra will improve Nexledger capabilities by contributing to its development process.

Samsung SDS launched Nexledger in 2017. Since the launch, it has secured various use cases in the financial business, logistics, and public sector.

“We are proud to announce our joint efforts to promote Nexledger in the global market with Tech Mahindra. As a company that believes in the value the Blockchain technology will bring, Samsung SDS has dedicated its efforts to develop a Blockchain platform, Nexledger that meets the enterprise needs in the business sector,” Mahn Chey, President of Samsung SDS India, said.

Rajesh Dhuddu, the Global Practice Leader, Blockchain at Tech Mahindra said, “As part of our TechMNxt charter, we are invested in creating a partner ecosystem to leverage next-generation technologies and platforms to provide an enhanced experience to our customers. As a step towards the same, we are delighted to partner with Samsung SDS and look forward to leveraging their market research, proprietary Blockchain platform Nexledger that has proven ability to automate a complex Blockchain network deployment and maximize transactions not only on their native platform but also on Hyperledger and Ethereum, a blockchain-based distributed computing platform.

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Suprotik Sinha is the Global News Correspondent with OnDot Media. He writes about technologies and trending news in the global enterprise space. An animal lover, Suprotik, is a postgraduate from Symbiosis Institute of Mass Communication (SIMC) Pune. He carries two years of experience in mainstream broadcast media where he worked as a reporter with Ibn7 and Zee Media in Mumbai.