Voltagea Lightning as a Service (LaaS) provider, in partnership with Google Cloud To expand hosting capabilities and sites, allowing customers to create Bitcoin and Lightning Nodes globally. according to advertisement Through Google Cloud, the collaboration will allow organizations to take advantage of the Lightning Network’s real-time payment settlement with near-zero fees, revolutionizing money transfers and creating new business models.
Voltage stated in the announcement that its solution helps companies overcome three key challenges. First, they point to the ability to facilitate fund transfers via the Lightning Network, providing a cost-effective alternative for financial firms and fintechs. Second, by adopting the interoperable Lightning Network standard, Voltage described how companies can reach a global customer base. Finally, the effort highlighted how enabling microtransactions, which would have been difficult to implement with traditional payment methods, can enhance customer retention, reduce acquisition costs, and increase customer lifetime value.
By leveraging Google Cloud’s extensive network infrastructure, Voltage said it can more efficiently meet user needs. The announcement described the many benefits of the partnership, including the ability to serve a global audience across different regions, initial operations in Iowa, the Netherlands and Singapore, as well as deployments on a leading cloud platform with superior availability and networking. Furthermore, the announcement explained how running the Bitcoin infrastructure along with existing workloads becomes seamless with the help of Google Cloud resources.
Google Cloud’s commitment to support Bitcoin shows its dedication to developing this technology and bringing it to a wider audience. The company’s expertise in cloud-native technologies, such as Kubernetes, also provides Voltage with the scalability required to meet enterprise adoption requirements.
As Voltage expands its services by collaborating with Google Cloud, companies in the financial and financial technology sectors will be able to leverage the capabilities of the Lightning Network to streamline their payments processes, reduce costs and explore new business opportunities.