Indian IT giant Tech Mahindra plans to build and distribute more blockchain solutions for Amazon Managed Blockchain over the next 12-18 months.
According to a report published by The Economic Times on September 7, the technology giant has teamed up with Amazon Web Services and other organizations to offer a blockchain-based solution to its global customers.
Tech Mahindra, a subsidiary of the Indian Mahindra Group, will work on blockchain solutions for the aerospace, telecommunications and healthcare sectors, as well as deliver projects for its banking and financial services, retail, manufacturing and oil and gas clients.
Their main focus is on supply chain disruptions in these industries to “ensure business continuity” even during a global pandemic.
The company plans to use blockchain to help the aviation industry track and track “clusters” throughout the delivery process. They will also create solutions to help unit suppliers in the telecom industry better control the supply chain.
The healthcare industry will be able to use Tech Mahindra’s blockchain solution to track and identify counterfeit medical products, including PPE kits, face masks and disinfectants.
Tech Mahindra recently launched a blockchain-based digital contract and rights platform built on the IBM blockchain to help media and entertainment artists track their earnings, royalty payments and digital rights.
As Cointelegraph previously reported, the IT giant has also launched an acceleration program with the Telangana state government in southern India to spur blockchain innovation in the state.