Tanla, an Indian cloud communications firm, has partnered with Microsoft to launch a blockchain-based communications platform.
According to the company’s press release, the blockchain-based communications platform-as-a-service (CPaaS) aims to offer a more secure and private messaging experience. The platform, called Wisely, will be built on Microsoft Azure.
The Wisely network will take advantage of various services offered by Microsoft, including Azure Kubernetes Service, Azure Cosmos DB, Azure Databricks, and Azure PostgresSQL Database.
Wisely is aimed at enterprises, which will have access to the network through a single API with multi-channel capabilities. Launching the network on a blockchain will provide complete data visibility, the company said in the release.
Uday Reddy, the chairman and CEO of Tanla Platforms, said Wisely would be a “gamechanger” for enterprises, mobile carriers, OTT players, marketers, and industry regulators.
The platform will enable users to discover and collaborate with various suppliers on the Wisely network or bring their own communications supplier. The marketplace will allow easy onboarding of suppliers and contracts and generate zero-dispute single-source settlement reports for all stakeholders, the firm explained.
The U.S. Patents and Trademark Office has granted three patents in cryptography and blockchain processes to Wisely.