Tanla Solutions has come up with a block chain-based solution ‘Trubloq’ which would address issues of trust, spam, security, fraud and data privacy
NEW DELHI: Cloud communication provider Tanla Solutions has come up with a blockchain-based solution ‘Trubloq’ which would address issues of trust, spam, security, fraud and data privacy in the enterprise communications space.
“Tanla Trubloq is built using latest technology including blockchain, artificial intelligence and machine and honeypots. This has been developed to comply with the new TCCCPR 2018 regulations issued by TRAI,” Uday Reddy, CEO, Tanla Solutions told ET.
The company plans to present the use case of the product to global regulators and telecom service providers. The solution would allow users to set their preferences and manage their consents.
Companies including IBM, Oracle and Microsoft are working on similar solutions currently.
Tanla currently has a headcount of 500 and plans to increase hiring and strengthen knowledge base in blockchain, artificial intelligence and machine learning areas.
The company’s revenue in the ongoing fiscal (9 months) stands at Rs 671 cr with profit before tax of Rs 219 cr. In the FY18, the company reported revenue of Rs 796 cr with profit before tax being Rs 176 cr.
“We plan to enhance the Trubloq solution and build new uses cases using blockchain for telecom industry,” Reddy added.
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