Infosys revealed Distributed Apps powered by Blockchain Tech

Infosys recently revealed the Blockchain-based applications for government services, supply chain management solutions, and insurance industry.

The company introduced three apps that are designed as ready to subscribe to options. The subscription method ensures quick deployment and interoperability across disparate systems of value chain stakeholders.

The solution will also have a wide range of use cases involving other digital technologies like the analytics, Internet of Things (IoT) as well, notes the announcement.

According to the announcement, the enterprise apps are equipped with predictive return on investment analytics, so that the businesses can allocate their investment budget according to their industry-specific requirements.

Infosys's blockchain-powered Offerings

In the supply chain platform, Infosys will provide solutions for several inbound and outbound logistics and distribution services.

The application can be integrated with the existing system and IoT devices while keep ensuring that round the clock transaction security between the various stakeholders within a proper supply chain, notes the announcement.

Moreover, in the application for the government services, various departments can establish inter-departmental interaction, data sharing, and collaboration along with network transparency as Well as creating defined workflows.

These will going to help the government organizations to fulfill the citizen-centric service requests via a single-window said the announcement.

The blockchain solution for the insurance platform will help the companies in the sector to handle the areas of claims, policy administration, usage-based policy pricing, multiparty negotiation, claim handling, and parametric insurance activities better. It also added that the solution is customizable, scalable, and modular.

Previous, TCS had announced the general availability of the low Blockchain development Kit with the Quartz DevKit that can hasten the blockchain solutions development by 40%.