- The presentation will take place next week.
- It will be a universal software for companies
Next week MicroStrategy will present software for corporations based on the Lightning Network. This was stated by the ex-head of the company Michael Saylor.
Below he gave link to the announcement page. So, the presentation will take place from May 1 to May 4 as part of the MicroStrategy World 2023 event (Florida). Leading experts of the blockchain industry will participate there. Including Michael Rihani (lead developer of Cash App), Elizabeth Stark (founder of Lightning Labs), Jack Mullers (head of Strike) and Michael Sailor himself.
The MicroStrategy Lightning platform will be presented by Executive Vice President of Engineering Cesar Ratzko.
“Lightning is similar to MoIP: Money over Internet Protocol. Its ability to deliver secure transactions at scale and speed is a seismic shift in business opportunity.”
To recap, the Lightning Network is a layer 2 network for the Bitcoin blockchain. It is aimed at solving scaling problems. Lightning offers faster transactions and lower fees. It is also the most popular L2 solution for BTC.
Coinbase recently announced that it will integrate the Bitcoin Lightning Network solution into its platform. This network was previously added by Kraken, Bitfinex, BitStamp or OKEx.
The Lightning Network will allow non-crypto companies (such as shops or hotels) to implement Bitcoin payments to pay for goods and services.