A bar in Japan is teaming up with a locally-based lightning startup to let customers pay for sparkling wine and soft drinks using the experimental payments network.
For the month of June, the Japan-based lightning startup Nayuta will be partnering with Awabar Fukouka to trial the payment system in what they're calling a "Field test."
The Lightning Network is seen by its supporters as the best way to scale bitcoin so that more people can use the payment system at once, but the technology is still rather experimental and even risky to use.
To that end, Nayuta sees this project as an way to further analyze how the technology works in the real world and to find out what still needs to be done to make it easier to use.
Though Awabar said their role is "Small," as the bar did not design the technology, they're "Delighted" to participate, offering a place for the experimental technology to be tested in a brick-and-mortar context.
"We hope it helps familiarize the community with the lightning network payment system."
Nayuta is known for helping to draw up specifications for the lightning network and recently launched its own implementation of the budding payment layer geared specifically for connected devices or the Internet of Things.
The idea is that as the tech components grow less expensive, more devices such as refrigerators and TVs will connect to the internet for data collection.
Can Bitcoin's Lightning Network Power Payments in a Japanese Bar?
gepubliceerd op Jun 2, 2019
by Coindesk | gepubliceerd op Coinage
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