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.
The team behind Starknet has introduced a new token standard aimed at solving one of…
In a move that highlights the growing race to build infrastructure for autonomous artificial intelligence,…
Prediction market platform Polymarket has entered a new partnership with Palantir Technologies and artificial intelligence…
The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…
Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…
The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…