El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
news

El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet

THELOGICALINDIAN - On February 2 2022 the blockchain basement provider Alphapoint has appear that the Salvadoran government has called the close to accomplish the bitcoin wallet Chivo The bitcoin wallet is the better fintech appliance in the country and Alphapoint supports the frontend and backend basement that admiral the wallet and integrates the absolute ecosystem

Alphapoint to Support Chivo Wallet’s Frontend and Backend Infrastructure

The Central American nation of El Salvador has appear it has appointed Alphapoint to handle the country’s bitcoin wallet, Chivo, by acceptance it to abutment its frontend and backend technology. Prior to Alphapoint, the Chivo wallet’s basement was provided by the crypto aggregation Athena Bitcoin. On Wednesday, Alphapoint appear the Salvadoran government had called the close to advice El Salvador “offer banking casework and admission to Bitcoin for millions of Salvadorans actively application the wallet.”

“El Salvador and President Bukele are absolutely arch globally with this aboriginal above agreement in bitcoin acceptance at a country-wide level,” Igor Telyatnikov, the co-founder and CEO of Alphapoint said in a account beatific to Bitcoin.com News. Telyatnikov added:

Salvadoran Government Issues Statement About Chivo Wallet’s Transition

The Salvadoran government’s Chivo wallet has experienced hiccups back it launched and a significant amount of complaints. In mid-September 2021, the Salvadoran Court of Accounts said it planned to investigate Chivo’s kiosk construction. In accession to Alphapoint’s advertisement on Wednesday, the Salvadoran government issued a statement about the transition.

“The Government of President Nayib Bukele informs that the American aggregation Alphapoint is accouterment technology for Chivo Wallet, the aboriginal civic agenda wallet in the world,” the account from Bukele’s government explains. “Alphapoint, which provides banking technology to institutions globally, is abacus its ability to action banking casework and admission to bitcoin for millions of Salvadorans who are actively application the Chivo wallet.”

What do you anticipate about the Salvadoran government allotment Alphapoint to run Chivo wallet’s basal tech? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons