[2017-05-24] BS: Infosys joins new enterprise alliance for using Blockchain

Infosys joins new enterprise alliance for using Blockchain

http://www.business-standard.com/article/news-ians/infosys-joins-new-enterprise-alliance-for-using-blockchain-117052400699_1.html

Software major Infosys Ltd has joined the Enterprise Ethereum Alliance for using Blockchain database across verticals, said the IT firm on Wednesday.

"The alliance connects Fortune 500 enterprises, start-ups, academics and technology vendors with Ethereum, a decentralised platform that runs smart contracts," said the city-based company in a statement here.

Applications on the Ethereum platform run as programmed without downtime, censorship, fraud or third party interference.

"The alliance will enable us to adopt Blockchain in enterprises across industries, including insurance, pharma, retail, energy, utilities and services sectors," said the company.