Paris Blockchain Week Summit 2022
Dive into the Future: TechM NFT and the Metaverse

Blockchain is more than just a buzzword. With its decentralized, transparent and secure digital data-flow nature, blockchain has an endless number of applications across almost every industry. Tech Mahindra’s Blockchain Business Unit focuses on various value-based offerings for clients, BPaaS, SI and PS.

Customer can quickly enable blockchain applications through our modular, plug and play, and multi-tenant Platform as a service. We encourage blockchain innovation in organizations using various technology and platform sandboxes that we offer. We also empower our clients to integrate blockchain platforms / services into their native applications such as Supply Chain Management, Loyalty Management, P2P, O2C, etc.

NFTs are a horizontal offering that cuts across media and entertainment, sports, gaming, automotive, and other supply chain related industries. Tech Mahindra’s platform helps realize the true value of media as an item of intrinsic value, outside of existing distribution.

We developed a marketplace called the ‘MiddleMist’ that is built using state of the art NFT technology (Polygon, a layer-2 scaling solution built on top of Ethereum) on blockchain. This allows creators to monetize their content in new ways. Our marketplace is decentralized, which means its access is not restricted to a specific geography. Anyone from anywhere can buy anything at any time without the need to go through complicated legal arrangements with additional layers of costs.

The Metaverse is a virtual space that allows digital representations of people, avatars, to interact with each other in a variety of settings, using virtual reality (VR) headsets, augmented reality (AR) glasses, smartphone apps, or other devices.

Tech Mahindra’s ‘TechMVerse’ is a Metaverse practice that aims to deliver interactive and immersive experiences to transform customer experience and deliver real business outcomes.

In its initial phase, we leverage the opportunities presented by the Metaverse through various use cases including:

• DealerVerse – Metaverse-based car dealership
•  Middlemist – NFT marketplace
• Meta Bank – A virtual bank, and gaming center

We offer immersive digital and professional experience services around design, content as well as low code plug and play NFT and blockchain platforms, while also aligning the Metaverse strategy with Tech Mahindra’s digital and environmental, social, and governance (ESG) goals.