Tech Mahindra & BlockApps Partner to Promote Blockchain Business Networks

BlockApps announced a partnership with the Tech Mahindra Ltd to accelerate the adoption of blockchain business networks.

Founded in 2015, BlockApps is the world first company to offer blockchain training and technology for the application building. The company has raised $3.1 Million in four different funding rounds.

With this new agreement, BlockApps plans to leverage the Tech Mahindra's reach and experience. Besides having a high demand for the enterprise blockchain networks, the adoption is still limited. The integration of data from some of the existing systems has been one of the biggest challenges in its adoption of blockchain technology so far.

Executive Opinion

Global Practice Leader, Blockchain, Rajesh Dhuddu, Tech Mahindra, said, "Enterprises across the world are proactively seeking new ways of incorporating blockchain technology in their legacy systems. Through Tech Mahindra’s partnership with BlockApps, we have simplified this process, enabling companies to transform their legacy systems into a blockchain-based business network without disruption."

CEO of BlockApps, Kieren James Lubin, said, "As we continue to launch blockchain business networks across industries such as agriculture, supply chain, and entertainment, we have seen a clear need to communicate with the systems enterprises already have. By working with Tech Mahindra, we can make this process easier than ever, while helping companies preserve existing investments."

The Partnership and BlockApps STRATO platform

Tech Mahindra will use its extensive experience assisting more than 955 corporate global customers easing this challenge. Thus contributing towards the integration with the BlockApps STRATO platform seamless.
BlockApps STRATO, the first Blockchain as a Service platform. It can be used to build and run business networks. The platform can be deployed on any of the cloud platforms. It is built on proven Ethereum protocols and built with standards defined by Enterprise Ethereum Alliance(EEA).

The platform offers core enterprises features such as the high transaction performance, flexible API integration capabilities and the capability to query and report on the blockchain data with the help of traditional business tools.

In April 2019 this year, Samsung SDS and Tech Mahindra announced collaboration to promote Samsung SDS's Nexledger blockchain platform in the Indian and global markets.