, 2022-12-28 22:59:42,
MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023.
In a Twitter Spaces event on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity solution aimed at corporate websites.
The 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 fees.
A business intelligence and tech company known for its massive Bitcoin holdings, MicroStrategy has been looking to beef up its Lightning Network-versed team, most recently announcing it was looking to hire a software engineer to build a Lightning Network-based software-as-a-service platform.
During the Twitter Spaces conversation, Saylor explained that chief marketing officers could potentially use the Lightning Network to incentivize customers — such as giving out satoshi rewards for engaging in activities such as posting good reviews or completing surveys.
The company also wants to make it possible for any enterprise to “spin up” Lightning infrastructure in an “afternoon,” he said.
The MicroStrategy chairman again made mention of his “Lightning wall” cybersecurity idea, essentially a Bitcoin-based paywall that would protect websites from cybersecurity attacks by…
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