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Samsung SDS, Tech Mahindra, Pega to Launch Blockchain-based Traceability Solution.

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TELECOMWORLDWIRE-October 28, 2019-Samsung SDS, Tech Mahindra, Pega to Launch Blockchain-based Traceability Solution

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Samsung SDS, a global provider of digital transformation and innovation solutions, announced its collaboration with Tech Mahindra and Pega to launch a blockchain-based traceability solution integrating Pega Platform(TM) with Samsung SDS Nexledger(TM) Universal, the company said.

The solution opens up significant transformational opportunities across Industries such as Banking & Financial Services, Insurance, Manufacturing, Public Services and Logistics & Supply Chain.

The global supply chain market, estimated to reach US USD 15.5 Trillion by 2023, according to Transparency Market Research, is considered to be incredibly inefficient. Combining Nexledger Universal Blockchain technology along with Pega's industry-leading digital process automation (DPA) solutions, this solution has the potential to transform the supply chain and disrupt the way goods are produced, marketed, purchased and consumed.

Earlier this year Samsung SDS and Tech Mahindra had announced their strategic collaboration on Samsung SDS's blockchain platform, Nexledger. Nexledger, a blockchain platform developed by Samsung SDS, is flexible and scalable with the ability to deliver wide spectrum of enterprise specific requirements. Tech Mahindra also contributes to improve Nexledger capabilities by participating in...

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