TCS Launches Blockchain-based Multi-brand Customer Loyalty Platform on R3’s Corda

Tata Consultancy Services (TCS) , a leading global IT services, consulting and business solutions organization, announced the launch of a next-generation blockchain-based multi-brand customer loyalty platform using R3’s Corda. The rise and popularity of customer loyalty programs have brought clear benefits to customers and brands, improving customer retention, driving higher cart values and helping brands…

Infosys Finacle and R3 Conclude Global Trial of Blockchain Based Trade Finance

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys Ltd, on Monday announced the successful completion of a global blockchain trial in partnership with enterprise blockchain software companies R3. Financial institutions across 19 countries participated in the trial that was completed in less than five weeks. The global blockchain technology market size is…

Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network

Automaker Daimler has carried out its first transaction on the blockchain-based Marco Polo trade finance network. The pilot commercial trade transaction saw the firm – which owns Mercedes-Benz among other brands – process the data required to exchange payments with engineering firm and parts builder Dürr, according to a press release sent to CoinDesk on…

KPMG, Microsoft and R3 Develop Blockchain For Telecoms Settlement

KPMG, a multinational accounting firm, is partnering with software firms TOMIA, Microsoft, and R3 to develop a blockchain for telecom settlements. One of the “big four” accounting firms, KPMG has pursued industry-specific blockchain pilots in the past, always with an eye to settling cross-border, or network, complexities. The latest partnership, with two distributed ledger (DLT)…