The Power Trio: Samsung SDS, Tech Mahindra, and Pega Join Forces
In a tech partnership that sounds like the beginning of a superhero movie, Samsung SDS, the IT brainchild of Samsung, has teamed up with Pega, and Tech Mahindra to launch a groundbreaking blockchain-based traceability solution. Together, they’re stepping into the ring, ready to tackle the nuances of supply chain systems and beyond.
What’s Cooking with Blockchain?
This brand-new venture combines Samsung’s Nexledger Universal, which can be likened to the Swiss army knife of blockchain, with Pega’s digital process automation platform – frankly, the peanut butter to Samsung’s chocolate. But what does it all mean? This devastatingly potent duo aims to bring improvements to various sectors including banking, insurance, manufacturing, and public services, effectively covering just about anything that requires a solid tracking system.
The Ingredients of Innovation
At the heart of this initiative is a multi-faceted strategy that merges:
- Nexledger Universal’s blockchain capabilities
- Pega’s superior digital process automation
- A sprinkle of industry expertise from everyone involved
This integration is designed to enhance transparency, secure transactions, and improve efficiency across the board. Picture it as a well-oiled machine, operating smoothly in the complex world of supply chains.
A Historic Relationship: Past Collaborations
It seems these companies have a history worth noting. Back in April 2019, they hinted at their collaborative spirit with a strategic partnership to promote Nexledger in various markets. This endeavor is set to leverage their previous collaboration experience and aim for new heights of innovation.
Nexledger’s New Flair
But wait, there’s more! On April 24, 2019, Samsung SDS sharpened their blockchain repertoire with a new version of Nexledger Universal that packs the punch of an application programming interface (API) to support various blockchains including Ethereum and Hyperledger Fabric. This means they’re not just playing in their own sandbox anymore but are open to a whole playground of technological possibilities!
Future Prospects: Where to Now?
This joint initiative is just the tip of the iceberg when it comes to what these companies can achieve. As sectors continue to explore the digitization of processes and verification, expect Samsung SDS, Pega, and Tech Mahindra to lead the charge into secure and efficient territories. The future is bright, or should we say, blockchain-shiny!
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