MicroStrategy will launch Bitcoin Lightning enterprise plugin in 2023
Dec. 28, 2022 at 10:35 pm
By Mike Dalton
Michael Saylor hopes to reveal the product during the first quarter of the year.
Michael Saylor, executive chairman of MicroStrategy, said on Dec. 28 that his company will introduce a Lightning Network-based product in 2023.
In a Twitter spaces conversation, Saylor said that MicroStrategy’s experience building mass-deployable plugins motivated the company to create a similar tool for the Lightning Network — a network that can process Bitcoin transactions cheaply and efficiently.
He said described the company’s reasoning as follows:
“What if we actually created an enterprise deployable Lightning wallet on one side, and then on the other side … what if we created an enterprise server that you could use to monetize any website?”
Saylor said, for example, that a business could use a Lightning plugin to reward new users with small amounts of Bitcoin (satoshis) when they apply for a credit card online. He added that a company could even offer rewards to millions of existing users.
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