Microsoft, India's Tanla Launch Encrypted Messaging Infrastructure Built With Blockchain

The edge-to-edge encrypted platform is built on Microsoft Azure and accessible by clients via an API.

Microsoft

Microsoft and India-based cloud communications firm Tanla Platforms have launched a blockchain-based communications platform-as-a-service aimed to offer more private and secure messaging.

  • According to an announcement Thursday, Microsoft was the development partner and architect behind Wisely, which is being targeted at enterprises, mobile carriers, over-the-top content providers and more.
  • The edge-to-edge encrypted platform is built on Microsoft Azure as a global network for secure communications including SMS, email and chat messages.
  • Businesses can access the network via a single application programming interface (API) offering multi-channel capabilities.
  • Building Wisely with blockchain technology brings "complete data visibility, enabling a single source of truth for all stakeholders," according to the firms.
  • Wisely said it has now been granted three patents in cryptography and blockchain processes by the United States Patents & Trademark Office.
  • The Wisely platform will be sold by both companies globally.

Read more: Indian Users Almost 5 Times More Likely to Encounter Crypto Hacking: Microsoft Report

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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.

Why it matters:

CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.