Voltage, a Bitcoin Lightning infrastructure provider, has partnered with Google Cloud to expand its hosting capacity and locations worldwide and to facilitate faster and cheaper cross-border payments.
By establishing payment channels between two parties, Bitcoin Lightning enables unlimited transactions that only require the first and last transaction to be recorded on the blockchain.
Bitcoin Lightning can thus facilitate microtransactions and global payments for businesses and individuals.
Voltage and Google Cloud Collaboration
Voltage offers Lightning as a Service (LaaS) solutions for payments and finance companies that wish to leverage the Lightning network for cross-border settlements.
The network also provides an easy way to create and manage Bitcoin Lightning nodes without requiring technical expertise or infrastructure maintenance.
By deploying on Google Cloud, Voltage can access the tech giant’s world-class infrastructure and global network, increasing its hosting capacity and locations.
This will allow Voltage users to create Bitcoin Lightning nodes anywhere in the world, with initial operations in Iowa, Netherlands, and Singapore.
Voltage’s founder and CEO Graham Krizek said that the partnership with Google Cloud shows that Lightning is going mainstream.
He also noted that by using Voltage and Google Cloud, customers could deploy their workloads globally via two leading providers.
The partnership between Voltage and Google Cloud is expected to boost the adoption of Bitcoin Lightning globally, as more users and businesses can benefit from its advantages over traditional payment methods.
