Airtel acquires strategic stake in blockchain technology startup, Aqilliz

Bharti Airtel has acquired a strategic  stake in Aqilliz,  a blockchain-as-a-service company under the Airtel Startup Accelerator Program, subject to statutory approvals. Singapore-based Aqilliz has developed a patented hy­b­rid blockchain platform, Atom, which 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 is becoming increasingly decentralised. Airtel aims to deploy Aqilliz’s advanced 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.

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