Cryptocurrency

Voltage partners with Google Cloud to boost global Bitcoin Lightning adoption

Voltage, a Bitcoin Lightning infrastructure provider, has partnered with Google Cloud to expand hosting capacity and locations globally.

According to reports on May 19, statement, The partnership will allow Voltage users to create Bitcoin Lightning nodes anywhere in the world. However, initial operations will be in Iowa, the Netherlands and Singapore.

Voltage said its protocol facilitates money transfers over the Lightning Network, offering a cheaper alternative to available options. The infrastructure provider also said businesses can use Lightning Network to reach audiences around the world.

Additionally, Voltage enables microtransactions, helping businesses improve customer retention, reduce acquisition costs, and increase customer lifetime value.

Deploying on Google Cloud enables Voltage to better meet these needs through the technology giant’s world-class infrastructure and global network. As a result, this move will further facilitate the global adoption of Bitcoin Lightning.

“Voltage and Google Cloud allow customers to deploy their workloads globally through two leading providers.”

Graham Kryzek, founder and CEO of Voltage, said: tweeted He said the partnership suggests that Lightning will go mainstream. This sentiment was widely shared by other members of the cryptocurrency community, and they responded. actively For partnership news.

Founded in 2020, Voltage calls itself a Lightning as a Service (LaaS) provider, providing payment and finance companies with infrastructure solutions for cross-border payments over the Lightning Network.

Google Moves Toward Cryptocurrencies Intensifies

Meanwhile, the partnership marks a new collaboration between Google and cryptocurrency companies. The tech giant’s cloud division has been particularly active in onboarding cryptocurrency companies and offering blockchain-focused services.

In late 2022, Google announced announced a partnership with Coinbase to accept payments for cloud services in cryptocurrencies. He also said he would consider using Coinbase Prime for cryptocurrency storage.

Around the same time, Google Cloud became a Solana validator. The company said it will run a Solana validator that generates blocks to be able to participate and validate on the Solana network.

In April, the company partnered with Polygon Labs to provide customers with automated access to Polygon blockchain nodes through a fully managed node hosting service. It also contributes to cloud services that support the new zkEVM scaling solution for blockchain networks.

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