Quartz Smart Solutions: Ready-to-use, DLT Solutions for Business

Industry

Banking

Consumer Goods & Distribution

Solution

Quartz™ - The Smart Ledgers™

Highlights

Quartz Smart Solutions aim to automate business processes and functions with 'Smart Contracts' and AI/ML capabilities
These are designed as a combination of on-chain services deployed on blockchain and off-chain services residing on traditional databases.
Some readily available solutions include CBDCs (central bank digital currency), Contract Performance Monitoring, Digital Guarantees, and KYC.

Abstract

Quartz Smart Solutions is a set of cross-industry business solutions that enable rapid digital transformation with the use of cutting-edge technologies.

Quartz Smart Solutions can help organization automate processes, improve security, transparency and efficiency, enhance agility, and reduce cost with the use of DLT and AI/ML. It uses ‘Smart Contracts’, the self-executable software stored on ledgers and triggered by a set of specific events, occurring within it or from pre-configured rules that are programmed into these contracts.

Challenge

Organizations globally and across industries are exploring ways to harness business value through improved trust and transparency, increased collaboration, elimination of data redundancies, reduced risks, and enhanced agility. In doing so, some of the major challenges organizations come across include facilitating the quick adoption of technology, refining and honing relevant skillsets, and efficiently enabling the absorption of benefits for existing systems.

Built on the core principles of coexistence, integration and interoperability, Quartz enables systems to coexist and integrate with multiple underlying platforms such as Hyperledger Fabric, R3 Corda, Ethereum, Polygon and other messaging networks.

Solution

Quartz Smart Solutions consist of a set of comprehensive solutions with business-aware ‘Smart Contracts’ that help automate processing on the distributed ledger, along with the use of AI for driving automation. A Smart Contract is a self-executable software that is stored on the ledger and triggered either because of specific events occurring within it or from pre-configured rules that are programmed into these contracts. Participants can provide, consume, and instruct these transactions on the ledger based on their role and privileges. Quartz Smart Solutions are designed as a combination of on-chain services deployed on blockchain and off-chain services residing on traditional databases or files, thus ensuring that only business processes well-suited for blockchain are deployed on-chain.

Quartz Smart Solutions are readily available for:

Announcements
Compliance
Contract authoring
Contract performance monitoring
Digital guarantees
Insurance repository
KYC
Proxy resolution
Talent marketplace
Rewards
Settlements
Surveillance
Tokenization

Benefits

Ready business solutions across industries
Quick time-to-market
Seamless integration with existing systems using Quartz Gateway
Supports cloud/on-premise/hybrid deployment models
Data privacy by design

With Quartz, enterprises across industries, like financial services, e-governance, utilities, travel and hospitality, telecom, and aviation, can readily harness the power of next-gen technologies including DLT (Distributed ledger technology) and AI/ML to connect with larger ecosystems and evolve augmented multi-industry offerings aligned to a purpose-driven strategy.

Automate business processes with Quartz

Accelerate digital transformation with Quartz’ foundational tools and technologies for blockchain.

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Extraordinary expertise leads to remarkable results.

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TCS works hand in hand with world-leading investors.

TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Quartz Smart Solutions

Industry

Solution

Highlights

In this article

Abstract

Challenge

Solution

Benefits

Automate business processes with Quartz

TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Industry

Solution

Highlights

In this article

Abstract

Challenge

Solution

Benefits

Related reading

Automate business processes with Quartz

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