Live Event: TCS Launches Quartz™ Smart Solution to Help Financial Institutions Offer Cryptocurrency Trading

Indian IT giant TCS has announced launch of their "Quartz Smart Solution" for financial institutions such as banks and investment firms which will enable portfolio diversification into cryptocurrencies for their customers.

I wanted to give a headsup to anyone interested in watching this enterprise event unfold. TCS has a live event scheduled on the 15th of July over Zoom. I suggest users and devs from India and abroad interested in learning about this new launch from TCS kindly make note of the event details if it interests you.

Event Details:

"Quartz™ is hosting a Live Event from Quartz Cast with our partner, TechEx Digital on ‘The New Age Crypto World’ on 15th July 2020, 11:00 AM BST/12:00 PM/CEST/3:30 PM IST."

You can register for the event by clicking here or by visiting the event page to do the same. Make sure you have your Zoom app installed.

Speaker list includes the CTO of National Stock Exchange of India so this should get quite interesting. I will definitely be attending this live event.

The following topics will also be discussed at this event:

• The decreased usage of cash and the future of finance in the context of Crypto assets, tokenized securities and Central Bank Digital currency
• How regulatory direction is bringing Cryptocurrencies into mainstream
• How industries can ride the wave and embrace this disruptive trend

More info on Quartz from the official press release:

The solution is designed to support multiple cryptocurrencies and stable coins, digital currencies linked to fiat currencies, trading venues and public blockchain networks, thus offering choice and flexibility to customers when deciding their trading and investment strategies. Importantly, it can help banks and investment firms offer their customers the ability to transfer payments in the form of ‘digital cash’, and benefit from lower transaction costs and quicker access to liquidity.

Quartz Smart Solution for Crypto Services comes integrated with a best-in-class hardware security module that enables cryptographic signing of each transaction, thereby ensuring security and authenticity. With state-of-the-art features such as multi-signature wallets with an in-built authorization engine that enables configurable transaction approval policies, blockchain forensic checks, auto reconciliation and compliance alerts, exchange and OTC desk connectivity and audit capabilities, among others, it ensures that a transaction is executed only after proper validation as well as authorization by the user.

There is a growing interest at the enterprise level in crypto assets and blockchain technology and we're starting witness more of this unfold in India. It remains to be seen how this launch will directly impact the growth of crypto sector in India.

Many Indian IT companies now have dedicated blockchain divisions already in place including TCS. Overall, I'm happy to see Indian IT majors taking crypto and blockchain more seriously now.