Qila, a blockchain cloud solution provider which offers Certified Data Authenticity and Privacy by Minting Non-Fungible Tokens for Real World Assets on a Private Blockchain Network, has announced its entrance into the UAE market.
The announcement was made in a LinkedIn post, where Qila wrote, ” Qila is thrilled to announce the launch of our Blockchain Cloud Services right here in the UAE! Now, Dubai enterprises can easily build, run, and manage dedicated blockchain networks. From tokenizing real-world assets to creating custom Smart Contracts and token protocols, Qila simplifies everything for you. Say goodbye to complex setups and hello to innovation!”
Qila offers its ARK+ blockchain platform for easy transition to blockchain and tokenization.
Sid Ugrankar, CEO & Co-Founder of Qila, said, “Our expansion into the UAE is a significant milestone for Qila. By establishing a private cloud infrastructure, we not only adhere to local data regulations but also provide enterprises with secure and efficient Web3 solutions. The introduction of ARK, ARK+, PrivaSea, and TreePye exemplifies our commitment to innovation and helping businesses optimize their operations.
Vishal Malhotra, CFO & Co-Founder of Qila, said, “We see immense potential in the UAE market, which is at the forefront of embracing new technologies. Our goal is to support enterprises in their Web3 journey by offering sector-agnostic solutions and innovative tools like ARK, ARK+, PrivaSea, and TreePye. This expansion is a testament to our growth strategy and our dedication to serving diverse markets with tailored solutions.”
Qila and various other blockchain and crypto entities have been flocking to the UAE, given the country’s stance on digital assets, its regulatory openness and its position at the center between Asia and the Middle East.