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PaaS (platform-as-a-service) is a form of cloud computing that enables software developers to build, run, and manage software applications easily, without worrying about underlying infrastructure.
The short answer is that .NET provides a way for developers familiar with languages like C++, Java, or JavaScript to write enterprise-scale code that is portable across platforms.
MEMX launched in 2020 and today is the fastest growing US equities stock exchange. ... So their choice to build this platform on Java and Azul was a natural one.