Bitcoin and Lightning Network for E-Commerce – The Cryptonomist

OpenNode in partnership with Launch Cart launched a new Bitcoin payment service on Lightning Network dedicated to e-commerce businesses.

Bitcoin and Lightning Network for e-commerce: the new service from OpenNode and Launch Cart

OpenNode has partnered with Launch Cart to enable e-commerce businesses to accept Bitcoin on Lightning Network as a form of payment.

“JUST IN – Shopify competitor Launch Cart integrates Bitcoin and Lightning payments”.

Start shopping cart would have launch a wholesale dropshipping platform for its users, integrating OpenNode’s Bitcoin infrastructure provider that will allow e-commerce businesses to accept BTC on LN as payment.

On this subject, the CEO of the e-commerce platform Launch Cart, Greg writersaid:

“We are excited to give our customers the ability to accept Bitcoin using OpenNode and the Lighting Network.”

Bitcoin and Lightning Network for e-commerce: Dropshipping from Launch Cart

Launch Cart’s new dropship marketplace is called “Supply and Sell”and this will allow e-commerce stores to list products at wholesale prices.

By integrating BTC as a means of payment via OpenNodethis will eliminate fraud concerns and save time and money by removing middlemen from the process and enabling automatic conversion of fiat currencies into local currencies.

In this sense, e-commerce businesses on Launch Cart do not need to know Bitcoin and Lightning Network technically, but only integrate them as payments for business purposes.

Writer added:

“This will help Launch Cart grow globally and become the leader with our on-demand platform and Source & Sell Marketplace. We believe we are a great partner for OpenNode to help them in their mission to empower and connect the world with Bitcoin.”

Bitcoin’s Lightning Network Will Expand Ecommerce Avenues

Record total LN capacity of 4,500 BTC

Yesterday came the announcement of the new record reached by Lightning Network: a total capacity of 4,500 BTC on its channelsAnd so locked to the network.

Statistics also predict that LN’s capacity is distributed worldwide as following:

  • first place: US with 2,300 BTC locked;
  • second place: Germany with 355 BTC capacity;
  • third place: Canada with 151 BTC.

Italy is in 17th place, with only 14.2 BTC locked to Lightning Network.


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