cryptocurrency: TCS is ready to mine the new crypto economy, snatches early-mover advantage with Quartz

Physical imitations of cryptocurrency in Dortmund, Germany on January 27, 2020.

Synopsis

The Indian IT giant has set its sights on the exploding crypto-assets market globally. Its new product Quartz aims to make swift inroads in cryptocurrency trading in countries like Switzerland and Singapore, where it’s a legal activity, and is eyeing high net-worth, private banking, and wealth-management segments. Quartz may not find takers in India in the absence of regulatory clarity.

It’s a whole new world of opportunities for Indian IT companies. TCS is moving to make a big impact in the global enterprise blockchain-solutions market. The country’s second most-valued company has

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