Sunnyvale-based fintech company Nuspay has announced it will be using Microsoft’s Azure cloud environment to host its centralized digital currency platform (Next-Gen Digital Currency Platform).
In the press release, Nuspay CEO and Chairman, Greg A Wooten, explained that the Azure cloud infrastructure was selected for its impressive connectivity and reliability:
“Nuspay needed the ability to reassure its customers, clients and strategic partners that our centralized digital currency platform had its roots firmly embedded in a world class cloud infrastructure that had the ability to go to the moon and back if needed.”
Wooten added that hosting the Nuspay platform on Azure would allow him to direct his efforts towards expanding the company’s global presence, instead of focusing on IT matters.
The announcement also revealed that Nuspay is in the process of establishing two cryptocurrency exchanges in the Caribbean and Singapore. Nuspay has previously attempted to bring its digital currency network to the People’s Republic of Bangladesh.
In March of this year, Nuspay partnered with Uddipan Energy Limited, a Bangladesh-based non-profit organization that assists the poor and disadvantaged, to provide 500,000 Uddipan beneficiaries mobile access to the Nuspay digital currency network.
If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.