MicroStrategy to Power Bitcoin Lightning Network in 2023

– MicroStrategy will release software applications and solutions powered by the Bitcoin Lightning Network in 2023.
– Areas explored for Lightning services include online content monetization, enterprise marketing, web paywalls, and internal corporate controls.
– MicroStrategy’s upcoming Bitcoin event will feature a “Lightning for corporations” agenda.

MicroStrategy, a software firm, has announced its plans to release a suite of software applications and solutions powered by the Bitcoin Lightning Network in 2023. This move is part of the company’s transition from CEO to executive chairman and its focus on contributing to the Bitcoin ecosystem.

Michael Saylor, MicroStrategy’s executive chairman, spoke about the plans in a Twitter Spaces room on Wednesday. He mentioned that the company is exploring ways to not only buy and hold BTC but also provide enterprises with tooling for the Bitcoin and Lightning ecosystem. Saylor noted that the goal is to make it possible for any enterprise to spin up Lightning infrastructure in an afternoon and onboard thousands of employees or customers.

The areas that MicroStrategy is focusing on for Lightning services include online content monetization, enterprise marketing, web paywalls, and internal corporate controls. Saylor said that chief marketing officers should be able to use Bitcoin’s smaller denomination unit, satoshis, as incentives for customers to post reviews or give feedback. He also mentioned that the company has teams working on the project and expects to show something in the first quarter of next year.

The upcoming Bitcoin event by MicroStrategy will feature a “Lightning for corporations” agenda. This agenda is designed to dive deeper into the company’s plans for exploring and contributing to the Bitcoin and Lightning network ecosystems and driving greater adoption.

With these plans, MicroStrategy is looking to make a significant impact on the Bitcoin and Lightning network ecosystems and potentially push more enterprises to leverage these technologies.