Tech Mahindra makes it to the Forbes Blockchain 50 list

Tech Mahindra today announced that it has been included in the Forbes Blockchain 50 list, a highly-respected global listing of pioneering companies, startups, and influencers in the distributed ledgers space, for the second consecutive year.

Tech Mahindra is the only Indian company out of the 50 companies that has been included in the list.

Tech Mahindra has been recognized for developing more than 60 blockchain-based products spanning telecom, media and entertainment, manufacturing, retail, and energy. Its work around blockchain-based unit-level traceability solution for global vaccine supply, ‘VaccineLedger’ was specifically highlighted. The solution helps in predicting and preventing failures in supply chains, including problems related to wastage through expired vaccines, stock-outs, and counterfeiting.

Rajesh Dhuddu, VP & Practice Leader, Blockchain & Cybersecurity, Tech Mahindra, said, “The COVID-19 pandemic accelerated the adoption of emerging technologies and Blockchain has emerged as one of the key technologies that is best equipped to significantly improve the efficiency of any supply chain operations, facilitate real-time view of all transactions, and eliminate the ‘trust gap’ amongst all the emerging technologies. At Tech Mahindra, we are at the forefront of leveraging Blockchain-based solutions and are pioneers in leveraging NFTs and Digital Identities to solve tough business problems and create a nuanced experience for end-users. This recognition by Forbes is a testimony to our continued focus on developing blockchain-based solutions to meet evolving customer needs.”