Partnership positions both the companies in an ideal position to capture more market share and customers
Mumbai: 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 deploy private networks and cryptocurrency tokens. As both Blocktech Brew and Qila are leaders in blockchain innovation, this partnership will help accelerate adoption of Web3 across sectors.
The partnership is a win-win for both companies as Qila will leverage its strengths in delivering robust Web3 infrastructure while streamlining the process for implementing their applications for enterprises. Blocktech Brew will help in the development of sector-specific Web3 applications geared toward various use cases.
“The primary goal of this collaboration is to hasten the adoption of Web3 technologies by sectors in need of private permissioned networks. This collaboration between the two companies will make the Web3 platform easier to approach and open it up as an avenue for digital transformation for companies that are blockchain-ready,” said Siddharth Ugrankar Founder, Qila
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 the 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.