El Salvador changes the technology provider - chooses Alphapoint for the operation of Chivo Bitcoin Wallet -

On February 2, 2022, the blockchain infrastructure provider Alphapoint announced that the Salvadorian government selected the company for the operation of the Bitcoin Wallet Chivo. The Bitcoin Wallet is the largest fintech application in the country and Alphapoint "supports the frontend and backend infrastructure that drives the wallet and integrates the entire ecosystem".

Alphapoint supports the frontend and backend infrastructure of Chivo Wallet

The Central American nation El Salvador has announced its appointment alphapunkt to manage the country's Bitcoin letter pocket, chivo by allowing him to support his front-end and back-end technology. Before Alphapoint, the infrastructure of the Chivo Wallet was provided by the cryptofirma Athene " Bitcoin . On Wednesday, Alphapoint announced that the Salvadorian government had selected the company to help El Salvador "offer financial services and access to Bitcoin for millions of Salvadorians who actively use the wallet".

"El Salvador and President Bukele are really leading worldwide with this first major experiment for the introduction of Bitcoin at the state of the state," said Igor Telyatnikov, co -founder and CEO of Alphapoint, in a statement that was sent to Bitcoin.com News. Telyatnikov added:

Nobody else has tried to carry out a project of this size. At Alphapoint, we are honored to be involved in this process and to provide the scalable and reliable solutions that are required for this huge undertaking. The Chivo application currently supports millions of Salvadorians, many of whom are accessing financial services for the first time.

The Salvadorian government provides an explanation for the transition from Chivo Wallet

The Chivo letter bag of the Salvadorian government has Experienced swallowing when it was started and a significant amount from complaints . In mid-September 2021 the Salvadorian Court of Auditors said It was planned to examine Chivo's kiosk building. In addition to the announcement of Alphapoint on Wednesday, the Salvadorian government gave A

"The government of President Nayib Bukele informs that the American company Alphapoint technology for Chivo Wallet, the first national digital wallet in the world, provides," explains the Bukele government. "Alphapoint, which provides financial technology for institutions worldwide, adds his specialist knowledge to offer financial services and access to Bitcoin for millions of Salvadorians who actively use the Chivo letter bag."

What do you think that the Salvadorian government has selected Alphapoint to operate Chivo Wallet's underlying technology? Let us know your opinion on this topic in the comment area below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.

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