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, a provider of Lightning as a Service (Laas), has formed a partnership with Google Cloud to enhance its hosting capabilities and expand its geographical reach. This collaboration will enable customers to establish Bitcoin and Lightning Nodes on a global scale, as announced by Google Cloud. The joint effort aims to empower enterprises by harnessing the Lightning Network's real-time payment settlement system with minimal fees, thus revolutionizing money transfers and unlocking new business models.
This announcement highlighted three primary challenges that their solution helps overcome. Firstly, they emphasized the facilitation of cost-effective money transfers using the Lightning Network, offering an alternative for financial and fintech companies. Secondly, Voltage described how businesses can tap into a global customer base by adopting the interoperable Lightning Network standard. Lastly, Voltage emphasized the enablement of microtransactions, a feature traditionally challenging to implement with conventional payment methods. Such microtransactions can enhance customer retention, decrease acquisition costs, and increase customer lifetime value.
Through leveraging Google Cloud's extensive network infrastructure, Voltage aims to address user needs more efficiently. The partnership brings several benefits, including the ability to serve a worldwide audience across multiple regions. Initial operations will commence in Iowa, the Netherlands, and Singapore, leveraging a leading cloud platform renowned for its superior availability and networking capabilities. Additionally, the announcement highlighted how running Bitcoin infrastructure alongside existing workloads becomes seamless with the support of Google Cloud's resources.
Google Cloud's commitment to supporting Bitcoin underscores its dedication to advancing the technology and making it more accessible to a broader audience. The company's expertise in cloud-native technologies, such as Kubernetes, also ensures Voltage has the scalability necessary to meet the adoption requirements of enterprise clients.
As Voltage expands its services through collaboration with Google Cloud, enterprises in the financial and fintech sectors will gain the ability to streamline their payment processes, reduce costs, and explore new business opportunities by leveraging the capabilities of the Lightning Network.
About Voltage
is a company focused on advancing Bitcoin infrastructure and empowering engineering teams. They offer fast and scalable Lightning solutions with high security and privacy standards. By concentrating exclusively on Bitcoin, they provide developer-focused non-custodial solutions. Voltage values financial empowerment, privacy, personal ownership, and non-custodial solutions. They support open-source initiatives and believe in improving financial infrastructure. Trusted partnerships allow users to quickly get on the Lightning Network and create their Bitcoin node. Voltage enables efficient scaling of Bitcoin infrastructure with nodes, liquidity, and custom solutions. They prioritize autonomy and control for engineers and users. Through their services, Voltage aims to support the growth and adoption of Bitcoin in a secure and efficient manner.
