"Distributed ledger technology is becoming mainstream. We have found ChromaWay's solution quite powerful; something that can definitely help address some of the challenges our public sector has," said Vivek Agarwal, Global Head Enterprise Verticals Solutions and Portfolio Companies at Tech Mahindra.
"With our Blockchain-powered consortium database technology, and their extensive expertise, we can together begin to build the next generation of secure, open and sustainable digital architecture for the connected world," added Henrik Hjelte, CEO of ChromaWay.
This partnership represents an opportunity to leverage our open source consortium database technology to bring real and measurable improvements to society by empowering individuals, fighting corruption, and fostering collaboration, he added.
The long-term focus of the $4.7 billion company Tech Mahindra -- part of the $19 billion Mahindra Group -- is to provide a holistic blockchain transformation by offering platform, integration, infrastructure, networking service for an end-to-end blockchain led transformation to its customers.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)