Infosys Introduces Blockchain Network In California's Riverside County

Infosys Ltd 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 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 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.