QuEST will leverage Casper Ledger to support end customers in building blockchain-based solutions. Companies will initially focus on innovative supply chain models for customers across various industries.
Switzerland, May 27, 2021 /AlexaBlockchain/ – CasperLabs, a leading blockchain development company, and QuEST Global, a global product engineering and lifecycle services company, have joined forces to build a series of blockchain-based supply chain solutions on the Casper Network.
As per the partnership, the companies will initially focus on innovative supply chain models for customers across various industries.
With support from CasperLabs, QuEST will enable its end customers to seamlessly build Web3 applications on the Casper Network, which was purpose-built for organizations that require both enterprise-grade security and performance without compromising on decentralization.
Casper’s unique, proof-of-stake model introduces a more environmentally responsible model for blockchain consumption that significantly reduces the energy footprint of on-chain transactions compared to other blockchain networks.
Krish Kupathil, Head – Digital Innovation and Hi-Tech, QuEST Global, said:
“This partnership with CasperLabs will enable us to leverage Casper Network to develop innovative supply chain solutions for our customers across diverse industries. As a leading product engineering services company, we are committed to enabling our customers to Create The Frontier by offering industry-leading, next-generation, technology-based solutions.”
QuEST has been working with the world’s most recognized companies across industries for the last two decades. With its expertise in new-age technologies – like Blockchain, Deep Learning, AI, IoT, and ML – the company has been developing comprehensive engineering solutions to help OEMs, and tier-one suppliers seamlessly take the next step in their digital transformation journey and make products safer and more reliable.
Mrinal Manohar, CEO at CasperLabs, said:
“We are seeing a growing interest from large-scale organizations in both the public and private sector who recognize the unique models unlocked by Web3 technology. As a worldwide organization with thousands of employees and customers, QuEST Global runs a series of comprehensive supply chain networks. We look forward to working with its team to develop new and innovative standards for the supply chain management.”