Indian IT Giant Infosys is Working on 50 Blockchain Pilot Projects – Cryptocoins News

Indian software services giant Infosys is working on 50 different blockchain pilots with a majority of them in non-financial services.

One of India’s largest IT vendors is going all-in on blockchain technology development in areas beyond finance. As reported by local publication Business Line, Infosys’ chief of emerging technology solutions Prasad Joshi pointed to a marked shift in strategies for the software major as it looks to invest and explore in new technologies across multiple industries.

He stated:

Our 500 blockchain specialists and 1,000 consultants form a part of the core group that will take these blockchain technologies to existing and new customers.

The executive revealed details of a blockchain pilot being conducted for an unnamed US coffee company’s retail supply chain. The solution sees transactions and contracts between the coffee company, the coffee growers and other ancillary parties in the supply chain recorded and stored on a blockchain. “With blockchain, you can get a dashboard in which all parties can look at the information and make decisions accordingly,” Joshi added.

More at: Indian IT Giant Infosys is Working on 50 Blockchain Pilot Projects – Cryptocoins News

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