- 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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