Pi DATACENTERS designs solution for Swiss-based Crypto Exchange

A Crypto Exchange based in Switzerland has sought the assistance of an Indian data center specialist to solve their data woes.

According to Pi DATACENTERS, Crypto Exchanges around the world are labouring with heavy customer traffic spikes, insufficient network backbone to handle large workloads, and high vulnerability to attacks. The end result being frequent downtime that can cause significant financial loss and lost opportunities for customers.

INCX, a Crypto Exchange based in Switzerland has partnered with specialist Pi DATACENTERS to host their next generation exchange platform on an end-to-end 100G network.

"We at INCX are excited to have the very first 100G cloud platform in India built by Pi. This gives us a tremendous edge as a Crypto exchange," says INCX founder and CEO Sanjoy Gaddipati.

"We promised our community an ultra-scalable, lightning fast, trading platform and this is a major step towards accomplishing that.

Pi has constructed the entire fully operational 100G cloud platform from network-firewalls down to storage in a high-availability mode, enabled with dynamic scaling.

"Pi and INCX have made India's progressive leaders in the central and state governments proud by bringing state-of-the-art technology infrastructure capabilities that are only perceived to be available in Silicon Valley to a Tier 2 city in India," says INCX and Pi DATACENTERS board member Sudheer Kuppam.

"This is a classic case of how emerging markets can leap-frog developed markets with the help of technology. And with this kind of infrastructure capability, India can foster continued innovation in the blockchain ecosystem.

According to Pi, the cloud platform can build up more than 12 million new sessions per second and over 300 million sessions at any given time. The platform is mounted on a multi-level security fabric of 160 Gbps threat prevention throughput, over an Intel Skylake micro architecture server farm with L2/L3 throughput of 6.4 Tbps.

"Pi is proud to have built a highly-secure and a super-scalable 100G cloud platform for INCX, a first of its kind in the world for crypto exchanges. This platform will ensure millions of transactions per second for INCX," says Pi DATACENTERS founder and CEO Kalyan Muppaneni.

"Gone are the days where customers will have to worry about the exchange crashing and losing the opportunity to invest or transact. Pi brings in the peace of mind."