OVHcloud Tapped to Deliver Sovereign Cloud for ECB Digital Euro


OVHcloud Tapped to Deliver Sovereign Cloud for ECB Digital Euro

📅 - OVHcloud has been selected by the European Central Bank to help underpin the digital euro with sovereign cloud infrastructure, joining a consortium of cloud providers announced in Europe. The move places the French cloud group at the center of one of the bloc's most politically charged technology projects, aimed at reducing reliance on US hyperscalers and asserting control over critical financial systems.

The contract, awarded via partner Senacor Technologies, will see OVHcloud supply EU-based infrastructure for SEPI - the Secure Exchange of Payment Information layer designed to support the digital euro's transaction backbone. The ECB's long-gestating central bank digital currency (CBDC) [...][... Check source for end of article ...]
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