Tata Consultancy Services’ Composite Offering Provides Assurance Against Vulnerabilities in Blockchain-Based Applications and Ensures Security at the Protocol, Application, and Ecosystem Level
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has introduced a composite quality engineering (QE) service for blockchain applications called TCS Blockchain QE Services that combines smart contract auditing with cloud deployment design, API audits, and usability testing to help enterprises safeguard against security, privacy, and reliability threats.
Leveraging the experience and capabilities of TCS’ Quality Engineering and Transformation Platform Services, the new services cater to applications over a wide range of blockchain platforms. The offering reimagines testing by leveraging innovative methods from the proven Quality Engineering Platform ecosystem. TCS provides smart contract testing services as part of this offering to thwart vulnerabilities in the business logic codified in smart contracts. It can also ring fence the entire blockchain solution at protocol and ecosystem level to ensure safety and security of enterprise applications.
“Quality engineering is critical for blockchain implementations to manage risks from potential security tradeoffs that are introduced to achieve scalability and performance benchmarks,” said Lakshminarasimhan (Lakshmi) Srinivasan, Global Head, Blockchain Services, TCS. “When decentralized smart contracts are executed in an automated way without any human intervention, it makes audit a non-mutually exclusive event. We offer significant value realization from the security, scalability and performance level audits.”
“As platforms like Corda continue to drive the digital transformation of entire industries, the need for blockchain apps on these platforms to integrate QE services will grow exponentially. Ensuring security has been a priority of ours since inception and we are constantly looking for ways to enhance that. The launch of this service by our strategic partner TCS will help ensure the optimum level of security for firms deploying next generation business applications built on blockchain,” said David E. Rutter, CEO, R3.
“TCS helps leading enterprises across the globe deliver superior end-consumer experiences with industry-proven quality engineering services,” said Prabhakar Karamsetty, Global Head, Quality Engineering & Transformation unit, TCS. “We strive to go beyond just functional testing to include performance, security, and usability, all very relevant to blockchain implementations. We also added node/peer testing, node connectivity testing, digital automation, data quality assurance and cognitive automation to accelerate blockchain implementations.”