NEWS
NTT expands its global data center footprint by 20 %
Masaaki Moribayashi , President and Board Director for NTT Ltd , said : “ The pandemic has dramatically changed our way of life . People ’ s quality of life now fundamentally depends on this infrastructure .“ In the next 18 months , NTT plans to increase data center operations by 20 % to a total of over 600,000m 2 ( approx . 6.5M ft 2 ) of floorspace in over 20 countries and regions .
NTT ’ s Global Data Centers division is expanding its global data center footprint by 20 % to benefit enterprise clients and hyperscalers around the world .
NTT operates data centers across Europe , North America , Africa and Asia , including a major presence in India . It delivers and operates global interconnected data centers with cross-regional data center networks through key markets such as London , Singapore , Tokyo and Virginia in the US .
Its expansions in data center services provide increased data center capacity and network connectivity across all geographies .
“ In addition , NTT will globally expand approximately 30 connection points of GDCI service in our data centers to optimize the enterprise hybrid cloud environment over NTT ’ s data centers and network services . NTT has already started construction to add 300MW of IT load to its portfolio .
“ With the completion of new data centers , expanded campuses and high-capacity networks such as the MIST submarine cable , we are building a connected future that will benefit NTT ’ s clients around the world .”
Sand Dollar becomes world ’ s first CBDC to be used for national payroll
Island Pay , one of the world ’ s leading digital currency technology companies , and Bahama Eats , the country ’ s largest on-demand food delivery service , have announced a partnership that will see The Bahamas Sand Dollar become the world ’ s first Central Bank Backed Digital Currency ( CBDC ) to be used for payroll .
All Bahamas Eats employees will be paid in the Sand Dollar , the world ’ s first CBDC , through the Island Pay digital wallet .
“ At Island Pay , we are proud to work with an innovative partner like Bahama Eats on what we believe is a major step in the global advancement of CBDCs ,” said Richard Douglas , Co-founder at Island Pay .
“ Island Pay is all about democratizing access to money . Evolving our technology to be used for payroll payments represents the next stage in the evolution of the digital wallet and CBDCs .”
With the onset of the Digital Transformation many more Bahamian consumers and businesses are looking for ways to make use of digital wallets . Payroll solutions such as this are secure , convenient and save businesses money in traditional bank fees and countless hours in backend administration .
“ As Bahama Eats gets ready to expand into the region , the Bahamas experience will go a long way in helping us develop this and other models for our business partners in the Caribbean and around the world ,” added Douglas . p
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