Bharti Airtel has acquired a strategic stake in blockchain technology startup Aqilliz.

Reports suggest that, the Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom, which integrates differential privacy and federated learning on a distributed digital ledger.

The developed patented hybrid blockchain platform allows brands to create secure and consent-based solutions to engage with customers in a rapidly evolving digital economy that’s becoming increasingly decentralised, according to the reports.

Currently, Bharti Airtel shares were trading lower at 3.28 percent at Rs.681.30 apiece on NSE.
Airtel aims to deploy Aqilliz’s blockchain technologies at scale across its fast growing Adtech (Airtel Ads), digital entertainment (Wynk Music & Airtel Xstream) and digital marketplace (Airtel Thanks App) offerings.

Last month, Airtel acquired about 25 per cent equity stake in Bengaluru-based technology startup Lavelle Networks. The agreement is subject to statutory approvals.

According to the reports Airtel acquired about 25 per cent strategic stake in SD-WAN startup Lavelle Networks. As more enterprises move to cloud-based applications to serve their customers in a digital-first ecosystem, they require on-demand and reliable network connectivity.

Airtel business' Network as a Service (NaaS) is a digital platform that focuses on emerging connectivity requirements of enterprises as they pass through the cloud and digital adoption. Under the NaaS portfolio, Airtel will offer software defined connectivity solution from Lavelle Networks and co-create a series of innovations as part of it’s the platform.

Aqilliz offers a new age middleware technology for the media marketplace of the future, designed to create a more collaborative digital marketing environment. With data compliance at its core, Aqilliz is backed by Atom; a holistic, end-to-end technological infrastructure designed to efficiently and securely ingest and process data at scale for insights and activation.