- As leaders in blockchain innovation, this partnership will help accelerate the adoption of Web3 across sectors like finance, healthcare, etc
- Business interactions with blockchain will become more efficient, scalable, and secure via partnership
- Partnership positions both the companies in an ideal position to capture more market share and customers.
Mumbai, October 25, 2024: With an aim to promote Web3 adoption, Qila, a brain-child of Sid Ugrankar and Vishal Malhotra, announced a partnership with blockchain development company Blocktech Brew. This partnership will use Qila’s services in Web3 infrastructure to enable the companies to deploy private networks and cryptocurrency tokens. As both Blocktech Brew and Qila are leaders in blockchain innovation, this partnership will help accelerate the adoption of Web3 across sectors.
For customers, this collaboration will benefit them because this entity will develop solutions that make the complications surrounding blockchain technology easy to work with. Qila’s application platforms, ARK and ARK+, are already integrated with multi-tenanted architectures of network and managed networks that are permission-based, which allow for the business deployment of applications without huge investments in infrastructure. Blocktech Brew will help upgrade these solutions using its special knowledge of blockchain applications.
Such collaboration will help increase penetration of Web3 applications into the market. As more companies become aligned to Web3 solutions, sectors like finance, healthcare etc will evolve to be transformed by this technology. Business interactions with blockchain will become more efficient, scalable, and secure. This partnership positions both the companies in an ideal position to capture more market share and customers.
“Some joint initiatives are already at the door of this partnership. Both firms will establish a chain of case studies that present successful private networks and cryptocurrency token use cases across a range of different industries. Not only does this show our capabilities, but it also offers real-world case studies for clients when they consider adoption in Web3 technologies,” said Sukhchain Singh Gill-CEO Blocktech Brew. Together the companies can explore use cases that are groundbreaking for a wide variety of sectors, including DeFi and supply chains.
Most collaborations focus only on either the technology or the application, but Qila and Blocktech Brew are offering a much more solid approach to the adoption of Web3. This partnership is expected to offer an up-scale new horizon of opportunities in the blockchain industry.
About Qila
Qila is a Blockchain-as-a-Service offering that enables enterprises to adopt blockchain as a technology with a managed network infrastructure. Qila is a Brand under SmartCirqls Infotech Pvt. Ltd. for India and the USA, whereas Qila.io is a registered entity in Dubai under Qila.io LLC Fze. and for the Rest of the world. With Qila, they believe that their solutions in blockchain could be a game-changer for enterprises to adopt this technology quickly and seamlessly. Qila is a Mumbai-based company with offices in Dubai and Chicago.
