Telecom major Bharti Airtel on Thursday announced that it has acquired a strategic stake in Aqilliz, a Blockchain-as-a-service company. Airtel aims to deploy Aqilliz’s blockchain technologies at scale across its fast-growing adtech (Airtel Ads), digital entertainment (Wynk Music and Airtel Xstream), and digital marketplace (Airtel Thanks App) offerings.
“Bharti Airtel has acquired a strategic stake in Aqilliz –a Blockchain-as-a-service company under the Airtel Startup Accelerator Program, subject to applicable statutory approvals,” the company said in a statement. It did not divulge the financial details of the deal.
Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom, that integrates differential privacy and federated learning on a distributed digital ledger. This allows brands to create secure and consent-based solutions to engage with customers in a rapidly-evolving digital economy that’s becoming increasingly decentralised, the statement added.
For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.
Oppo Pad With Snapdragon 870 SoC, Oppo Pencil Stylus Launched: Price, Specifications
Acer Swift 5, Swift 3 Laptops With 12th Gen Intel Core Processors Launched
![]()
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
