linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth
ET Prime
Cryptocurrency

TCS is ready to mine the new crypto economy, snatches early-mover advantage with Quartz

The Indian IT giant has set its sights on the exploding crypto-assets market globally. Its new product Quartz aims to make swift inroads in cryptocurrency trading in countries like Switzerland and Singapore, where it’s a legal activity, and is eyeing high net-worth, private banking, and wealth-management segments. Quartz may not find takers in India in the absence of regulatory clarity.
font size
FONT SIZE
save
SAVE
saved
SAVED
Gift this article
GIFT ARTICLE
By
16 Jul 2020 9 Mins Read 1 comments
Physical imitations of cryptocurrency in Dortmund, Germany on January 27, 2020. Getty Images
Physical imitations of cryptocurrency in Dortmund, Germany on January 27, 2020.
It’s a whole new world of opportunities for Indian IT companies. TCS is moving to make a big impact in the global enterprise blockchain-solutions market. The country’s second most-valued company has launched a product to help banks and investment firms provide secure and seamless cryptocurrency trading for clients. The software giant is targeting countries like Switzerland
Vivekanand says. Envisaging the rapid change brought by such new technologies and incorporating that within the legal structure is going to be a challenge globally, but it is also going to be an opportunity for companies and countries that move quickly and come up with solutions. It’s an opportunity Indian tech companies will want to mint.
It’s a whole new world of opportunities for Indian IT companies. TCS is moving to make a big impact in the global enterprise blockchain-solutions market. The country’s second most-valued company has launched a product to help banks and investment firms provide secure and seamless cryptocurrency trading for clients. The software giant is targeting countries like Switzerland Vivekanand says. Envisaging the rapid change brought by such new technologies and incorporating that within the legal structure is going to be a challenge globally, but it is also going to be an opportunity for companies and countries that move quickly and come up with solutions. It’s an opportunity Indian tech companies will want to mint.

The latest from ET Prime is now on Telegram. To subscribe to our Telegram newsletter click here.

Gift this story

YOU CAN GIFT 0 MORE STORIES THIS MONTH

Maximum 10 Email IDs allowed

300 characters remaining

Gift Sent Successfully

Limit Reached
Limit Reached

You’ve gifted all the 0 articles from your monthly gift bucket!

Please come back next month.

0 more articles will be waiting for you in your gift bucket.

CONTRIBUTORS WHO HAVE COMMENTED ON THIS STORY

test

user Sidhartha Shukla ET Prime, Senior Staff Writer

Current Edition

Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare
Space

Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare

Satellite pictures of the Galwan valley region shared by US-based Planet Labs exposed China backtracking on the agreement with India to disengage. While the images did help India foster its case in shaping global opinion, it also exposes the country’s unpreparedness in advanced technologies. The episode underlines the urgent need to nurture companies in satellite imaging and space technology.

[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]