Blockstream Launched Micropayment System Lightning Charge

Blockstream blockchain company introduced the launch of Lightning Charge micropayment system in order to make accepting payments through Lightning easier
17 January 2018   539

Blockstream, a provider of blockchain technologies, which maintains a range of software and hardware solutions and professional services to companies deploying new blockchain-based networks, introduced Lightning Charge, a new micropayment processing system that should make it easy to build apps on top of Lightning.

The decision to develop Lightning Charge was made because Blockstream reported some difficulties in integration with credit card companies and with existing online payment systems, and aspired to make it easier than ever to accept payments through Lightning.

Lightning Charge was designed by independent developer and was stated to make building apps on top of Lightning simpler. Lightning Charge is a micropayment processing system written in node.js, which exposes the functionality of c-lightning through its REST API, which can be accessed through JavaScript and PHP libraries, both of which have also been released through the Elements Project.

Web developers will be able to work with c-lightning through their normal programming techniques, and they’ll also get expanded functionality such as currency conversion, invoice metadata, streaming payment updates, and webhooks.
 

Blockstream Blog

Moreover, Lightning Charge will power Blockstream Store, a working e-commerce site that was launched by the company on January 16, 2018.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   39

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.