Electric Company to trial lightning enabled bitcoin payments

Electric Company to trial lightning enabled bitcoin payments

The Chubu Electric Power Company is set to experiment bitcoin payment technology. The company has entered into a proof-of-concept with Nayuta, to trial bitcoin payments through Lightning Network. Hidehiro Ichikawa, the senior manager of Chubu Electric Power Co., said, “Since the electricity charge is small, Lightning’s necessary to reduce the fees for using public blockchains.”

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