Voltage, a Lightning as a Service (LaaS) provider, has partnered with Google Cloud to expand its hosting capabilities and locations, enabling customers to create Bitcoin and Lightning Nodes around the world. According to a Google Cloud announcement, the collaboration will allow businesses to use the Lightning Network’s real-time payments with near-zero fees, revolutionizing money transfers and creating new models. in business.
Voltage stated in the announcement that their solution will help businesses overcome three key challenges. First, they cited the Lightning Network’s ability to facilitate money transfers, offering a cost-effective option for financial and fintech companies. Second, by adopting the interoperable Lightning Network standard, Voltage defines how businesses can reach a global customer base. Finally, Voltage highlights how it microtransactions, which are difficult to implement with traditional payment methods, but can improve customer retention, reduce acquisition costs and increase customer lifetime value.
By using Google Cloud’s extensive network infrastructure, Voltage says it can meet user needs more efficiently. The announcement described several benefits of the partnership, including the ability to serve a global audience in different regions, initial operations in Iowa, the Netherlands and Singapore as well as deployments of a leading platform in cloud with more availability and networking. Additionally, the announcement explains how the Bitcoin infrastructure will run alongside existing workloads made seamless with the help of Google Cloud resources.
Google Cloud’s commitment to support Bitcoin shows its dedication to improving this technology and bringing it to a wider audience. The company’s expertise in cloud-native technologies, such as Kubernetes, also gives Voltage the scalability needed to meet enterprise adoption requirements.
As Voltage expands its services by partnering with Google Cloud, businesses in the financial and fintech sectors will be able to use the capabilities of the Lightning Network to speed up their payment processes, reduce costs and monitor transactions. new business opportunity.