Lightning as a Service (LaaS) provider Voltage has teamed up with Google Cloud to enhance its hosting capabilities and extend its presence across various locations. This partnership enables customers to establish Bitcoin and Lightning Nodes on a global scale. 

Google Cloud's recent announcement highlighted that this collaboration will empower enterprises to leverage the Lightning Network's real-time payment settlement, which boasts near-zero fees. As a result, this development is set to transform money transfers and foster the emergence of innovative business models.

According to the announcement, Voltage's solution addresses three critical challenges for enterprises:

  1. It enables cost-effective money transfers through the Lightning Network, serving as a viable option for financial and fintech companies. 
  2. By adopting the interoperable Lightning Network standard, Voltage allows businesses to expand their reach to a global customer base. 
  3. Voltage emphasizes the facilitation of microtransactions, which have traditionally been challenging with conventional payment methods. The ability to implement microtransactions can enhance customer retention, reduce acquisition costs, and increase customer lifetime value.

Leveraging Google Cloud's extensive network infrastructure, Voltage aims to enhance its efficiency in meeting user requirements. 

The partnership offers several advantages, as outlined in the announcement. These include the capacity to cater to a global audience across multiple regions, with initial operations in Iowa, the Netherlands, and Singapore. 

Additionally, the collaboration provides deployments on a leading cloud platform known for its availability and networking capabilities. Furthermore, the announcement emphasizes how seamlessly integrating Bitcoin infrastructure with existing workloads is made possible through the assistance of Google Cloud's resources.

Voltage benefits from the company's proficiency in cloud-native technologies, such as Kubernetes, which offers the scalability necessary to meet the demanding enterprise adoption needs.

Through the partnership with Google Cloud, Voltage is extending its services, enabling enterprises in the financial and fintech sectors to leverage the capabilities of the Lightning Network.

Share this article
The link has been copied!