qila: Qila to expand into the USA to accelerate Web3 adoption

Qila said it will expand into the US markets by introducing advanced web3 solutions such as blockchain and tokenization, that serves foundational aspects of the technology, ensuring transparent and traceable systems across sectors. It aligns with the core philosophy of Qila that helps enterprises to build trust and enhance their value proposition for customers.

“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 at 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.

The company’s dual global expansion strategy in the Middle East and 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. Qila is forging strategic partnerships across all sectors like supply chain, healthcare, retail, education, and luxury goods amongst others.

Through its expansion in the UAE, Qila, brainchild of Sid Ugrankar and Vishal Malhotra, 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. 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.