Infosys announced the launch of three comprehensive blockchain-powered distributed applications for government services, insurance, and supply chain management domains. These comprehensive applications designed as ready-to-subscribe business networks ensure quick deployment, interoperability across disparate systems of value chain stakeholders and a wide variety of use cases involving other digital technologies like IoT, Analytics as well.
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Infosys’ Blockchain Distributed Applications are equipped with predictive ROI analytics for business investments that can be tailored to meet numerous industry-specific needs. Enterprises can capitalize on blockchain’s benefits of trust, immutability, and transparency to develop an inter-organizational conduit for strengthening their core business processes across multiple value chain partners having disparate IT systems.
The strengths of Infosys’ three blockchain-powered distributed applications are acknowledged below:
- Infosys Supply Chain Distributed Application leverages the Infosys Blockchain platform to offer robust solutions for a plethora of inbound/outbound logistics and distribution activities. The application can be seamlessly integrated with the existing systems and IoT devices while ensuring round-the-clock transaction security between various stakeholders within a supply chain.
- Infosys Government Services Distributed Application enables various government organizations to establish inter-departmental interaction – collaboration, data sharing, network transparency, and defined workflows – to fulfill citizen-centric service requests, through a single window.
- Infosys Insurance Distributed Application is designed to aid insurance companies in the areas of policy administration, claims handling, multiparty negotiation, usage-based policy pricing, and parametric insurance activities. This modular, scalable, and customizable application can be seamlessly integrated with the existing enterprise systems and IoT networks.
