Samsung SDS announced on April 14 that it has signed a business agreement with India’s Tech Mahindra to spread Nexledger, a blockchain platform for enterprises, in the global market.
Tech Mahindra is Mahindra Group’s IT service company with over 900 corporate clients and over 120,000 IT engineers.
Under this agreement, Samsung SDS will cooperate with Tech Mahindra to explore blockchain business opportunities in India, the United States and Europe, and also collaborate in technology development to upgrade Nexledger.
Since 2017, Tech Mahindra has applied Nexledger to a wide range of industries including finance, manufacturing, logistics, and the public sector. Last year, global consulting firm Gartner selected Nexledger as the leading platform for the blockchain market.