Blockstream to Release Lightning Network Payment App

New app is called Paypercall and designed for new generation of micro-payment networks
26 March 2018   740

Within the Week of LApps, Blockstream introduced the fourth Lightning application, Paypercall. According to the developers, it is a welcome solution for a new generation of micro-payment networks, through which web developers will be able to request payment for specific API operations.

As examples the creators name automatically performed payments when sending SMS or image processing. Thus, with the help of Paypercall and Lightning technology, developers will be able to set up appropriate instant transactions.

As stated in the message, Node.js programmers can use Paypercall as an intermediate software that monitors the implementation of payments to the Lightning Charge server before approving the request for API use. Also, Paypercall can be used as a reverse proxy, which intercepts service requests until a payment is made.

Paypercall Code Example
Paypercall Code Example

For users, the process is very simple: if they want to use Lightning Charge in Paypercall, an invoice will automatically be created when the developer URL is opened. After it is paid, users can send a request for the use of the corresponding service.

Bakkt to Release Consumer App This Year

The app can be used for a wide range of tasks, e.g., crypto and securities trading, virtual goods purchase, etc
23 January 2020   92

Institutional Investor Platform Bakkt will release an app for retail investors this year, with which users can pay with cryptocurrency.

According to the president of Bakkt Adam White at the World Economic Forum in Davos, the application can be used for a wide range of tasks. In addition to trading cryptocurrencies, it will support various virtual “goods” like points of loyalty programs.

In addition, in the future it is possible to add securities trading, as well as the creation of a portal for shops and merchants. That is, the application will be more like a traditional fintech product like PayPal than a solution from a cryptocurrency exchange.

Although the Bakkt platform was originally created for institutional investors, the new director of Mike Blandina is very serious about entering the retail market. Earlier, he said that the application for retail investors should be released in the first half of 2020.

I do not think we are there yet. What gives me optimism is that we are seeing a lot of developer interest. I am confident that someone is going to find something.

 

Adam White

President of Bakkt

 White added that the cryptocurrency market is still underdeveloped.