Visa-backed Bitcoin startup to launch Lightning-based global payments app
Zap is announcing Strike Global, a Bitcoin payments app for global remittances. Zap, a Lightning Network payments startup backed by Visa through its Fintech Fast Track program, announced on Jan. 6 the rollout of Strike Global, a payments and remittances app using the Bitcoin (BTC) layer-two technology.An announcement by CEO Jack Mallers goes in-depth into the differences between standard fiat transfer mechanisms and the Lightning-powered mechanism in Strike Global. Mallers focused on remittances, a multi-billion dollar business that is still largely passed through expensive....
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