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Infosys Introduces Blockchain Network In California's Riverside County

  • Infosys Ltd (NYSE: INFY) subsidiary Infosys Public Services (IPS) completed the pilot of a blockchain solution designed to improve the efficiency, access, and security of vital recordkeeping in Riverside County, California.

  • The blockchain network enables county employees to manage data effectively and securely while easing access and lowering the cost of operations.

  • The pilot blockchain network, developed in collaboration with Amazon Web Services, Inc (AWS) using Amazon.com Inc (NASDAQ: AMZN) Amazon Managed Blockchain, modernizes the once paper-centric operations of the Riverside County Assessor-County Clerk-Recorder Office.

  • Additionally, Infosys collaborated with Daimler AG (OTC: DMLRY) to launch its Automotive Digital Technology and Innovation Center in Stuttgart, Germany.

  • Price action: INFY shares traded higher by 1.38% at $20.93 on the last check Tuesday.

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