The Strike API, which was unveiled this year at the Bitcoin conference in Miami, enables anybody who wishes to do so to facilitate bitcoin payments over the Lightning Network.
Strike generated more than $80 million in funding to support its implementation and strengthen existing collaborations as well as forge new ones.
We are advancing at top speed, working with a wide range of companies and partners internationally to innovate and offer broader inclusiveness in addition to integrating Strike’s ground-breaking payments with big merchants.
Strike’s CEO and founder, Jack Mallers
It would have been clear to you. The ultimate objective is to quickly and powerfully provide the option of paying with Bitcoin everywhere for nothing. Strike has already been successfully included into e-commerce businesses like Shopify and Blackhawk. However, they will be able to more readily democratize this ground-breaking form of payment thanks to this funding.
Grant Gilliam, co-founder of Ten31 and partner at Strike (the principal investor), believes that internet payment systems will revolutionize for the general population:
“We believe Strike is poised to disrupt the financial services and payments landscape, enabling a more efficient, innovative and inclusive financial experience for everyone. We are excited to support the next phase of Strike and strengthen our partnership together.”
AWAY FROM DEMOCRATICATION AND ABOVE!
Beyond the API, Strike intends to provide a number of products that will make it possible for customers—whether they are businesses, people, or financial institutions—to use the Lightning Network in a quick, effective, and secure manner:
“We can enable businesses to move money in ways that networks such as card networks and SWIFT cannot, and we pay these partners in commissions to do so, which makes it an innovation. exciting for everyone. »
The Strike application, used by around two million people worldwide, is still discussing it.
The Lightning Network will soon be available to everyone with absurd prices, almost instantaneous speed, and mind-boggling simplicity. When you are a professional, integrating this payment option is obviously already quick and simple. However, there is no question that Strike will contribute to the democratization and prominence of this instrument that eclipses conventional forms of payment, whether in terms of professional fees or transaction speed.