{"id":39899,"date":"2022-02-04T13:32:41","date_gmt":"2022-02-04T13:32:41","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=86462"},"modified":"2022-02-04T13:32:41","modified_gmt":"2022-02-04T13:32:41","slug":"luxcore-inc-announces-production-release-of-lambdaxchange-cloud-data-infrastructure-platform","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/luxcore-inc-announces-production-release-of-lambdaxchange-cloud-data-infrastructure-platform\/","title":{"rendered":"Luxcore, Inc. Announces Production Release of LambdaXchange\u2122 Cloud Data Infrastructure Platform"},"content":{"rendered":"
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– Signs 3-year exclusive agreement with the State of the African Diaspora (SOAD) to provide cloud data infrastructure platform, products, and services<\/i><\/p>\n

– LambdaXchange\u2122 will support SOAD’s digital mobile banking services, central bank digital currencies, derivative cryptocurrencies and exchanges, mobile and e-commerce services to their potential global market of 1.7 billion people<\/i><\/p>\n

– Company to access private capital markets to further scale cloud data infrastructure platform<\/i><\/p>\n

ATLANTA, Feb. 4, 2022 \/PRNewswire\/ — Luxcore, Inc.<\/a>, an early-stage cloud data infrastructure provider, announced today the production release of its LambdaXchange\u2122 cloud data infrastructure platform, an AI-enabled distributed ledger technology platform for the intelligent routing, switching and transport of data with exchange points in Miami, Dallas and Atlanta.<\/p>\n

\"Luxcore\"<\/div>\n

In conjunction with this initial production release, on January 8, 2022, Luxcore signed its first multinational enterprise customer with the Government of the State of the African Diaspora (SOAD)<\/a>. SOAD is a Treaty Member of the Economic Community of States, Nations, Territories and Realms of the 6th<\/sup> Region of Africa. Through this exclusive three-year agreement, Luxcore will provide its LambdaXchange\u2122\u00a0cloud data infrastructure platform, products, and services in support of digital mobile banking services, central bank digital currencies, derivative cryptocurrencies and exchanges, mobile and e-commerce services to SOAD’s global market of potentially 1.7 billion people.<\/p>\n

“Our Parliament recently passed a law establishing our Code of Nationality and Citizenship: thus, the African Diaspora and also the Africans on the continent shall be eligible for SOAD’s digital ID,” said Dr Louis-Georges Tin, Prime Minister of SOAD. The ID Card will function as a Multi-Card. This historic initiative will provide digital services such as giving access to elections, our education system, banking and crypto services, e-commerce and more. We are excited to partner with Luxcore as our exclusive cloud services technology provider to help SOAD fulfil its goals and to enhance the lives of potentially 1.7 billion people globally.”<\/p>\n

Luxcore’s Cloud Data Infrastructure Platform and core services will enable SOAD’s Global Data Infrastructure with dedicated physical and virtual data computing, storage, and transport technologies to support the SOAD and its forthcoming digital ecosystem. These worldwide applications and services include:<\/p>\n