Tata Consultancy Services will Integrate Intel SGX Technology to Enhance Privacy and Security of Blockchain-based Ecosystems Built Using Quartz Blockchain Solution
SYDNEY | MUMBAI, October 24, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization announced that it is partnering with Intel® to integrate Intel® Software Guard Extensions (Intel® SGX) technology with the Quartz Blockchain solution, to further enhance the privacy and security of blockchain based ecosystems implemented using Quartz.
Privacy and security have been two of the biggest concerns for organizations looking to migrate some of their business functions to blockchain. By integrating Intel® SGX technology, Quartz solutions now offer customers the ability to isolate sensitive business code, data and transactions requiring confidentiality within an “enclave” in an encrypted form, thereby protecting these from being accessed by unauthorized users.
Anand Pashupathy, General Manager, Security Solutions Engineering Division, Software and Services Group, Intel Corporation, said: “Intel processor technologies like Intel® SGX provide unique capabilities that can help improve the privacy, security, scalability and trust of blockchain networks. Tata Consultancy Services and their Quartz key management flow process utilize Intel® SGX to help corporations protect their assets and data when deploying blockchain solutions.”
R Vivekanand, Vice President and Co-Head, Financial Solutions, TCS, said “Central to TCS’ Business 4.0 framework is the use of technology to leverage ecosystems and to harness abundance. Quartz blockchain is a key enabler for this strategy. Even a single security incident can cause loss of trust and deter the adoption of blockchain. The integration of TCS Quartz with Intel® SGX strengthens security and helps in mitigating these concerns, so that customers can fully realize the potential offered by our blockchain solutions.”
This latest partnership is part of a long history of collaboration between these two leaders in their respective industries. TCS and Intel, both founded in 1968, complete fifty years since their founding. The two companies have been working closely on a variety of new technologies: high performance computing, artificial intelligence and Internet-of-Things, all towards helping customers further accelerate their Business 4.0 transformations.
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