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Emerges as the only Indian company in the Forbes’ Blockchain 50 list

Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, announced that it had 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 included in the list.

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

Blockchain continues to grow as a major pillar in Tech Mahindra's digital transformation portfolio and is increasingly becoming a part of the company's wide range of business verticals. As part of NXT.NOWTM framework, which aims to enhance 'Human Centric Experience', Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer. Tech Mahindra provides a holistic framework called 'Block Ecosystem' comprising various levers: Block Studio, Block Engage, Block Talk, Block Geeks, Block Accelerate, Block Access and Block Value, which can be used to create industry-leading applications that unlock significant value for clients.

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