Last week Tata Consultancy Services (TCS) unveiled its latest blockchain offering, a suite of quality control services for blockchain, called TCS Blockchain QE Services.
The services include smart contract audits, API audits, reliability threats and usability testing.
Smart contract audits are commonplace for public blockchains, and with larger enterprise blockchains, several consortium firms will arguably review the business logic. However, adding a third-party audit will add an extra comfort level. Especially given TCS has a large number of significant banks as clients, including many of the largest in the U.S. and U.K.
“We strive to go beyond just functional testing to include performance, security, and usability, all very relevant to blockchain implementations,” said Prabhakar Karamsetty, Head of Quality Engineering at TCS. “We also added node/peer testing, node connectivity testing, digital automation, data quality assurance and cognitive automation to accelerate blockchain implementations.”
Tata Consultancy has previously launched several blockchain initiatives. It has its Quartz DevKit for enterprises to build smart contracts for Hyperledger Fabric, Ethereum and R3’s Corda. There’s its Quartz Smart Solution for Crypto Services and it has a blockchain loyalty platform.
TCS isn’t the only consulting firm involved in blockchain security. At the start of 2020, PwC announced the acquisition of Swiss-based ChainSecurity, although it focuses on public blockchain security.
There’s the Smart Contract Security Alliance, where members include Nomura Research and Fujitsu.
In the enterprise arena, the DTCC is pushing for blockchain security standards. It published a whitepaper and is leading the InterWork Alliance’s DLT Security standards working group.
