Indian tech firm Wipro Ltd opens blockchain research facility

Wipro Ltd has set up a blockchain research facility at its Bengaluru campus, India.

Wipro is working with a number of unnamed start-ups to scale up the business, and with scant regard to detail it says some pilot projects should be completed soon.

“We have built some prototypes, done demos, and we are in the process of implementing some internal use cases for our customers,” said Wipro CTO K.R. Sanjiv.

Wipro has been working on a few blockchain projects for its banking clients. Presently, the company generates a tiny portion of its revenue from offering blockchain solutions, which is expected to go up once more companies start adopting the technology.

Wipro Ltd is an Indian IT services corporation headquartered in Bangalore, India.