Connecting Bitcoin and Lightning Payments to Bank Accounts a New Way
It is now possible to send Bitcoin to an unconnected identity and buy pretty much anything from a retailer, while at the same time maximizing your privacy and adhering to financial rules. Bitcoin and light payments, first outlined in a white paper in 2016, have come a long way since they were first introduced in the year 2009, but their widespread use worldwide has faded although.
Strike App hopes to encourage the mass adoption of Bitcoin and the Lightning network by linking Bitcoin instantly to your bank account and debit card.
Connecting Bitcoin and Fast Payments
Strike, which has now entered the public beta phase, makes it possible to keep the use of the know-how – your – customer protocol to an absolute minimum. Mallers wants Bitcoin to reach the mainstream by integrating Bitcoin and the Lightning network directly into your bank account and debit card.
As per the recent reports, Mallers announced last fall that it would develop a platform to offer Bitcoin purchases via debit cards and the Lightning Network. Zap was created in late 2018 as one of the first desktop wallets to make Bitcoin and Lightning payments directly to your bank account and debit card.
Strikes are the result of this work, but it has gone far beyond its original remit. It is now being used to enable you to buy bitcoin, debit cards, and bank accounts. It also has a social media profile that allows users to accept free payments from anywhere in the world using online QR codes. The amount received is immediately converted to Fiat and then back to your bank account.
Most users of the app only need to enter a name and phone number, and the average payment value in the private beta was $27. There will be no strikes in some regions for the time being, but there are free states.
Mallers has big plans for the future of the strikes, and an improved e-commerce system is also being introduced. The Strike is also working to provide merchants with the tools to process contactless payments. Strike Visa’s debit card is in the works, as is a mobile app for Apple Pay and Android Pay.
