Bitcoin payment gateway ForgingBlock integrates Lightning Network

Olowo by Olowo - 01:04 PM Nov 19, 2019
bitcoin-payment-gateway-forgingblock-integrates-lightning-network

Bitcoin payment gateway ForgingBlock integrates Lightning Network


Blockchain platform ForgingBlock has revealed that it has made a major upgrade to its system with the integration of Lightning Network to its platform.  ForgingBlock is a technology company centered on developing economic structures facilitated by its blockchain network.

From start-ups companies to advanced corporations, ForgingBlock have been able to provide solutions that ensure cryptocurrency transactions are completed within seconds and void of hassles, while fully integrating the businesses on the blockchain network.

Also, businesses can now adopt cryptocurrency as payment method or means of exchange for themselves and also for their clients.

ForgingBlock can clearly boast of comfortable and reliable features from Lightning Public Node to facilitate the usage of direct creation between different users making use of the Lightning Network.

The Lightning Network is a second layer convention over Bitcoin that takes into consideration prompt installment between two distinctive parties, achieved through the network's extensive bidirectional installment channels.

It was additionally reported that besides Bitcoin payment gateway, ForgingBlock Merchant presently underpins: Litecoin, Tezos, Ethereum, stablecoin, Dai, Moreno including Tron.

 

Lightning Technology Will Open ForgingBlock To Larger Client Base


With the latest development, users can now make use of ForgingBlock Merchant through distinctive shopping carts, with the likes of Magento, PrestaShop, WooCommerce, and Opencart gracing the list.

Also, ForgingBlock Merchant empowers merchants to acknowledge installments in digital forms of money, and it is accessible with no charge and no hidden expenses.

Basically, users can now trade with an open network system with a payment channel on the platform and as well record its source back on the blockchain.

Clearly, every user can now use the payment channel to transact anytime, any day without limit or restriction or time countdown. Hence, the portal can stay open for as long as the users want until every transaction is completed and users manually close the payment on the blockchain platform.

About The Author
Olowo

OlowoI am olowoporoku adeniyi, writer, editor and crypto evangelist, with five years experience in the Blockchain industry.

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