Qila, created by Sid Ugrankar and Vishal Malhotra, aims to provide data storage to enterprises using blockchain technology. From what it’s understood, Qila’s solutions such as PrivaSea and GoTrust enable real world asset tokenisation to create digital footprints of a physical or virtual asset on a private blockchain network.
According to an official release, enterprises across sectors such as real estate, healthcare, government, supply chain, and BFSI can integrate Qila’s solutions. Reportedly, Qila’s Ark and Ark+ distributions allow customers to adopt blockchain technology. By using the Ark plus platform, customers can enhance their security by moving from a shared, multi-tenanted setup to a dedicated network.
“Once a company signs up, they can integrate using the API and begin pushing data to the blockchain. The data is stored in the form of a chain which is believed to be the core feature of blockchain technology. By providing blockchain as a service, Qila aims to solve the challenge of setting up and managing blockchain networks,” Sid Ugrankar, co-founder and CEO, Qila, said.
