bitcoin

Mexican Finance Giant Grupo Elektra will feature Bitcoin’s Lightning Network

Mexican financial services and retail provider Grupo Elektra will support Bitcoin Lightning Network. This is according to a recent post on Twitter by founder and owner Salinas Pliego.

Very soon we will have this in our Elektra store network.🚀 #Bitcoin #LightningNetwork https://t.co/Y4n7pAsBS0

— Ricardo Salinas Pliego (@RicardoBSalinas) September 5, 2021

Grupo Elektra

Bitcoin’s Lightning Network is a layer 2  low-cost payment protocol built on bitcoin’s blockchain.

It enables instant payments across a network of participants using smart contract functionality in the blockchain.

Earlier this year, Twitter CEO Jack Dorsey explained that it was only a “matter of time” before the microblogging platform incorporates the Lightning Network.

Grupo Elektra operates majorly in Latin America and is the biggest non-bank lender in the US, Bitcoin’s Lightning Network will aid and fasten the company’s operations and service delivery.

NEXT: 90 percent of Bitcoin total supply has been mined, new statistics show

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

Check Also

bitcoin

Ripple v SEC lawsuit is going much better than expected, new claims by Coinbase CEO

Coinbase CEO Brian Armstrong has claimed that the Ripple v SEC lawsuit is going much …

Leave a Reply

Your email address will not be published. Required fields are marked *