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Tech Mahindra to Offer Blockchain Solutions on AWS
The Indian tech giant will offer blockchain solutions built on Amazon-managed blockchain.
Oleh Omkar Godbole
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Indian tech giant Tech Mahindra announced Monday it will offer blockchain solutions built on Amazon-managed blockchain to global customers using Amazon Web Services (AWS).
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- According to Economic Times, the company will provide solutions for the aviation, telecom and health-care supply chain and is planning to roll out support for multiple industries, including oil and gas and manufacturing, over the next 12 months.
- Ensuring supply chain continuity has become the focal point with businesses struggling to facilitate continuity in the current COVID world, according to Rajesh Dhuddu, blockchain and cybersecurity practice leader, Tech Mahindra.
- "Our collaboration with AWS will support future pandemic preparedness and accelerate an economic rebound post-COVID-19 for organizations operating global supply chains and eliminate siloes," Dhuddu said.
- Tech Mahindra's move is a part of a macro trend. According to a Forrester report, the development of blockchain-based projects related to supply chain and logistics has accelerated due to the coronavirus pandemic.
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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
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Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
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HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.
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- HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
- Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
- Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.
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