Tanla and Vi tie up for blockchain technology for enterprise business

(Vi) has partnered with communications service provider Platforms to encrypt the entire international messaging traffic on the Vi network, which are messages originating outside India and terminating in India. The partnership will be hosted on a cloud based platform called Wisely and is expected to help the telco delve deeper into the global enterprise market .

“Vi Business is focussed at providing technology-based solutions to enterprises enabling digital transformation, productivity and efficiency enhancement. We are the early adopters of Wisely Platform from Tanla which brings critical capabilities for our enterprise customers.” said Arvind Nevatia, chief enterprise business officer at Vi.

According to Tuesday’s statement, India’s international messaging market is estimated to be Rs 3,500 crores annually and this alliance “is expected to go-live in Q4 21-22”.

Wisely, co developed with Microsoft, offers a digital marketplace bringing together enterprises and suppliers connected by secure express routes and Microsoft’s global network. The platform powered by block chain ensures complete transparency and a single source of truth resulting in immutable audit trails and zero dispute settlements.

Vi’s pact with Tanla comes at a time when its rivals are also betting big on blockchain solutions. Infact at a recent event Mukesh Ambani, chairman of Reliance Industries-parent company of Reliance Jio, said “Blockchain is very important for a trust-based, equitable society”.

“Our partnership with Vi, powered by Wisely platform, is a massive step forward to lead the global digital interactions space. ..Wisely platform is a win-win proposition for all stakeholders – consumers, global enterprises, suppliers, and regulators, as we are committed to innovate with the entire ecosystem in mind. I am confident this partnership will help expand our global footprint by addressing the needs of global enterprises not just in India but across the world.” said Uday Reddy, founder chairman of Tanla Platforms.