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TCS: Launches New Blockchain-based Digital Bank Guarantee Platform in Israel

December 14, 2020

TCS is an IT services, consulting and business solutions organization partnering with many of the world’s largest businesses
Launched a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution, as part of the BSB
TCS’ Digital Bank Guarantee SaaS platform runs on Microsoft Azure and helps banks digitally transform the end-to-end lifecycle of guarantees
Support for open APIs defined by various beneficiaries – such as government entities, corporates
The use of hyper-automation will help banks improve speed of execution, reduce fraud and manual errors
This platform will function as a marketplace where both issuers and beneficiaries can manage their digital guarantees portfolio