কথা আজকের পর্ব 13 সেপ্টেম্বর ফুল এপিসোড | কথা সিরিয়াল আজকের পর্ব
Voltage, an infrastructure provider, enabled African fintech business Chipper Cash to conduct more than half of its Bitcoin transfers via the Lightning Network. Millions of people across the continent will use this sophisticated layer-2 payment system, which is one of the most essential industry applications.
The Lightning Network is being pushed by a need for more efficient payment rails in markets where traditional financial services are unstable. According to Maijid Moujaled, Co-Founder and President of Chipper Cash, the integration increases financial access.
Voltage’s dependable infrastructure simplifies the complexity of developing on Lightning, allowing us to concentrate on scalability,” Moujaled stated in a release. “With Voltage, Lightning can truly become the backbone for global, real-time payments by delivering near-instant settlement at low cost.”
This acceptance has evolved organically among Chipper Cash’s more than seven million clients, spreading through word of mouth without the need for a significant marketing campaign. The collaboration enables Chipper Cash to use Voltage’s API to enhance its operations.
Graham Krizek, CEO of Voltage, emphasized the importance of the development for emerging economies. “What Chipper Cash is doing with Lightning proves that emerging markets can leapfrog outdated payment rails,” he said. “They’ve unlocked instant, global, and low-cost payments that work every time, everywhere.”
The integration allows for interoperability with other key Lightning-powered services, such as Strike and Cash App, which connects African customers to a larger global payment economy. This functionality is key to innovative products such as Chipper Cash’s Chessa, which allows users to send remittances in cryptocurrency and receive them in over 25 fiat currencies.
This cooperative project demonstrates how effective the Bitcoin Lightning Network can be when used on a wide scale. The following partners demonstrate a better use of the system. For the crypto sector as a whole, its successful deployment in Africa demonstrates that technology can help solve real-world problems.