The American intelligence and tech company MicroStrategy is looking to offer Bitcoin lightning solutions according to a source from the company.
The innovation was shared by the Bitcoin bull Michael Saylor, the executive chairman of MicroStrategy in a December 28 Twitter space. According to Saylor, the company is exploring software and solutions that uses the lightning Bitcoin lightning network, an example of this is a solution that utilizes enterprise marketing and cybersecurity solutions aimed at corporate websites.
In the Twitter space, Saylor however said that the chief marketing officers can potentially utilize the network to incentivize customers, an instance of this is giving out Satoshi rewards for being a part of activities like completing surveys as well as posting good reviews.
MicroStrategy is also looking at the possibility of letting enterprises “spin up” lightning infrastructure in an “afternoon”, Saylor added.
“We want to make it possible for any enterprise to spin up a Lighting wallet and a Lightning wallet architecture in the matter of an afternoon and deploy it to [thousands or millions of people],” he said.
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What is Lightning Network?
The Bitcoin Lightning Network is a layer-2 payment protocol layered on top of Bitcoin’s blockchain that allows for off-chain transactions, raising payment throughput and lowering transaction costs.
Meanwhile, in September last year, MicroStrategy’s Saylor hinted at the lightning network and according to him, the company is working with the tool, at that time, the company also sought to hire an engineer to build a lightning network at that time., in September last year, MicroStrategy’s Saylor hinted at the lightning network and according to him, the company is working with the tool, at that time, the company also sought to hire an engineer to build a lightning network at the time.
The Bitcoin bull tech company MicroStrategy has been on the move to strengthen its lightning network team as it revealed of recent that it will hire a software engineer to build a software-as-a-service platform that is based on the Bitcoin lightning network.
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