● Company to introduce advanced Web3 solutions such as blockchain and tokenization
● Qila is currently undertaking pilot projects in the US and is also in talks with different strategic partners in the region
● Qila has already established a firm footing in markets like India and UAE
Mumbai, December 19, 2024: With a long-term view of driving adoption of Web3 technologies, Qila, a brain-child of Sid Ugrankar and Vishal Malhotra, is set to expand into the US market. After expanding its presence in India and Middle East markets, Qila is now looking to replicate its growth strategy in the US markets by introducing advanced Web3 solutions such as blockchain and tokenization. These solutions serve foundational aspects of the technology, ensuring transparent and traceable systems across sectors. It aligns with the core philosophy of Qila that is helping enterprises to build trust and enhance their value proposition for customers.
Qila is forging strategic partnerships across all sectors like supply chain, healthcare, retail, education, and luxury goods amongst others. “We are undertaking pilot projects and are in talks with different strategic partners based out of the US. Our Web3 private cloud is up and running which offers robust data security and data localisation for the enterprises. We are planning to participate in many upcoming events to promote the adoption of web3 solutions,” said, Siddharth Ugrankar Founder Qila Qila’s solutions are cross-sectoral but are focused on particular areas such as increasing transparency and traceability in supply chain, improving data security and interoperability in healthcare, boosting customer engagement through tokenization in retail, facilitating secure credentialing and identity management in education and blockchain authentication against counterfeiting in luxury goods.
Qila’s entry into the USA market is expected to catalyse enterprise adoption of Web3 technologies by simplifying the onboarding process for Web3 adoption, addressing key challenges such as data localization, compliance, and security, enabling enterprises to innovate and scale their offerings through tokenization and blockchain-based solutions and fostering a culture of transparency, trust, and efficiency across industries.
Qila’s dual global expansion strategy (in the middle east, USA) enables the company to tap into diverse and high-growth markets, leverage insights and expertise gained in one region to inform strategies in another and establish Qila as a global leader in Web3 infrastructure and solutions.
Through its expansion in the UAE, Qila has been able to build strong partnerships with private organizations and government organizations through region-specific priorities. These involve data localization, regulatory compliance, and unique demands by local enterprises. These relationships have made Qila to stand out as a Web3 solutions provider in the region. This strategic positioning as a hub within the region has enabled further growth for Qila because of its ability to easily penetrate wider markets in the Middle East, driving continued sustainable growth and innovation.
