Microsoft just selected the NOIA Network for its “FastTrack” program, setting up the little-known crypto project to be added to the tech giant’s cloud marketplace.
NOIA, a public internet software solution, joined Microsoft’s startup program last year and extended that partnership in April.
Joining the FastTrack program this week gives the network access to Microsoft Azure engineers for help with deployment and development, according to a recent press release.
NOIA is designed to provide security, reliability and speed to the public internet via a blockchain-based networking system. The NOIA solution operates on top of the public internet. Its token, known as the Decentralized Autonomous Routing Protocol (DARP), powers that networking system.
Microsoft says it expects to add the NOIA Platform to the company’s cloud marketplace “over time.” The soft-paced introduction will make it “easier to connect with Microsoft’s global customer base to generate new leads and expand network capacity and market footprint.”
Says Tibbs Pereira, the principal PM manager at Microsoft Azure FastTrack,
“NOIA customers should be aware that they’re getting the best solutions on Azure and the Azure Marketplace. With the NOIA platform in the Azure marketplace, customers worldwide will benefit from NOIA’s next-generation technology and solutions, accessed and used in just a few clicks.”
NOIA, trading around $0.0644 at time of writing, shot up nearly 30% in value on Thursday – the day of the Microsoft announcement.
NOIA is currently ranked 342 by market cap, according to CoinMarketCap.
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Featured Image: Shutterstock/Gonin
