Trace Network Partners With Polygon And Infosys Consulting For Blockchain Rev...
Beyond Bitcoin, the hottest assets in the crypto markets are those that feature a robust ecosystem that supports several other essential sectors in the industry, such as DeFi or NFTs. The innovative Ethereum Layer 2 scaling solution Polygon – formerly Matic – is among the most popular and recently partnered with Trace Networks and Infosys […]
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IT consulting giant Infosys believes that estimates for how long it will take blockchain technology to achieve mainstream adoption are greatly exaggerated. According to Infosys principal technology architect Peter Loop, work on blockchain applications will benefit from an accelerating pace of overall tech adoption that will soon put pressure on existing legacy financial solutions. "It’s not 10 years away. It’s years or less away. The way the pace of technology works, the way continuous integration works, these things will be integrated pretty quickly once it happens," Loop said in a new....
Indian software services giant Infosys is looking to double its existing staff in Ireland by adding 250 new jobs in areas such as blockchain and analytics. A new expansion plan by Infosys will include new jobs at the company's first dedicated, product-centric research and development lab outside India in its endeavor to expand operations in Ireland. The company notes that 95 jobs will be added to the facility while a second Irish facility is expected to gain 155 new jobs. The R&D center is specifically positioned to focus on Fintech research and development. The center will embrace an open....
Indian IT consulting firms are seeking to implement a blockchain application that could greatly benefit their clients in the financial sectors. The “disruptive technology” is “a game-changer,” said a senior executive at Infosys, who has worked with a team of 20 Infosys employees in Palo Alto and Bengaluru offices to evaluate possible blockchain applications that could help clients. Vishal Sikka, Infosys CEO and head of Infosys’ core banking product Finacle, has hired executives to further explore blockchain technology. A Finacle executive said: “The thing with this (Blockchain) is that we....
For the time being, Infosys has not released specific details regarding their ongoing negotiations with various banks in India. Blockchain continues to attract interested players, and Infosys is in talks with banks to adopt a modified of blockchain technology. They will not use the Bitcoin blockchain, though, but rather a private version of distributed ledger technology. Bitcoin and blockchain enthusiasts will have heard the name Infosys before, as this Indian IT giant has established EdgeVerve Systems. The primary purpose of this subsidiary is to explore the boundaries of blockchain....
The NFT based enterprise DeFi protocol, Trace Network with its up-and-coming Bling NFT marketplace for luxury and lifestyle products has commenced the launch of its native TRACE token. In the process, Trace Network has successful raised over $1.6 million from strategic investors from the industry, which will go towards funding the development of a full-fledged […]