Daily Current Affairs 2020 Infosys launches distributed apps powered by blockchain tech | Daily Current Affairs 2020

Infosys launches distributed apps powered by blockchain tech

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Infosys on Wednesday announced the launch of three blockchain-powered distributed applications for government services, insurance, and supply chain management domains.

“These comprehensive applications designed as ready-to-subscribe business networks ensure quick deployment, interoperability across disparate systems of value chain stakeholders and a wide variety of use cases involving other digital technologies like IoT, Analytics as well,” it said.

They are equipped with predictive return on investment (ROI) analytics for business investments that can be tailored to meet numerous industry-specific needs, the Bengaluru-headquartered IT services major said in a statement.

The company said that enterprises can capitalise on blockchain’s benefits of trust, immutability, and transparency.

Source: The Hindu

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