DC Alliance and Pacific Blockchain Corporation sign Memorandum of Understanding to explore building the first Data Centre in the Republic of Palau
PERTH, WESTERN AUSTRALIA – DC Alliance, a Singapore-based data centre business with an Uptime Institute Tier III certified data centre in Perth, Western Australia, has signed a Memorandum of Understanding (MOU) with Palau-based Pacific Blockchain Corporation to explore the commercial viability of developing a Tier III rated Data Centre in the Republic of Palau.
The proposed facility will be the first and only Data Centre in Palau as well as the Republic’s first Tier-rated facility. The 1MW Uptime-Certified Tier III Data Centre will be able to accommodate up to 200 racks initially, with the development potential to increase capacity to 5MW with up to 1,000 racks. Both companies will, from the outset, explore adopting sustainable and/or renewable solutions to develop an environmentally responsible Data Centre.
Palau is an up-and-rising gateway between Asia and the Americas, with its first submarine cable connected in 2017 and a second one underway, a dedicated branch off the proposed ECHO cable network. Bandwidth usage in Palau has increased by around seven times since its first submarine
cable connection1 and this remarkable growth is set to continue with its recently announced digital residency program and its ambitious plans to develop its FinTech industry.
Roy Wong, Executive Chairman of DC Alliance, said: “DC Alliance has always recognised the potential of operating at the Edge. Our last deal with DXN Limited expanded our footprint across Australia. Now, Palau is our first step out of Australia into a frontier market with immense potential. I’m pleased that Pacific Blockchain Corporation has entrusted DC Alliance the privilege of providing its expertise in Data Centre Design, Build and Operate to achieve the goal of building the first Uptime-Certified Data Centre in Palau.
Shalom Ngelechel Etpison, Vice-President of Pacific Blockchain Corporation, remarked: “Pacific Blockchain Corporation is proud to partner with DC Alliance in this pioneering endeavour. Strategically, Palau’s location is positioned perfectly as a digital crossroad for the ever-growing data traffic across the Pacific. Our state-of-the-art internet connectivity will only be enhanced further in the coming years. With these assets, the Palau government is embracing new technology such as blockchain and digital residency, moving forward with its digital finance technology plans. Building a data centre is the next practical step for Palau and the timing could not be better than now.”