Bitcoin's Lightning Network has seen a 2100% increase in adoption in the last 12 months however the majority of new users are individuals. In a first of its kind, BTCpay Systems LLC, announces its new Enterprise Lightning Payments ("ELP") Solution for business. ELP enables businesses of all sizes to monetize "micro-data" with instantaneous invoicing and settlement via the new Nostr Protocol messaging platform with BTC Lightning.
SHERIDAN, Wyo. - May 15, 2023 - PRLog -- BTCpay System's new Enterprise Lightning Payments "ELP" solution allows any business system to share and invoice data via its simple API. Businesses can now monetize data like never before, specifically "micro-data" and "micro-invoicing". With traditional business systems, it simply is not cost-effective to sell something for 1/100th of a US Cent, especially if that transaction is a "one-off". With BTCpay's ELP solution it can be done without the cost of the processes exceeding the value of the payment.
Examples of ELP use cases include integration with Enterprise Ressource Planning systems like SAP, Oracle or Microsoft or data from social networks such as Twitter, Linkedin or Twitter. Any and all data feeds can be processed through the ELP API for payment including subscription models as well as one-time invoicing.
The ELP solution uses the new open-source Nostr protocol as the messaging layer between systems with integrated Bitcoin Lightning network for payments. This solution provides a robust, decentralized and instantaneous invoicing and settlement for businesses. No longer will a business need to wait for ACH, wires, deposits, or transfers nor is a business forced to bundle transactions to make billing cost-effective. The ELP solution basically eliminates "accounts payable". The ELP solution improves cashflow and reduces accounting costs by as much as 99% pending the size of the transaction amount.
BTCpay Systems LLC is a leading provider of Bitcoin payment processing solutions for merchants, businesses, and individuals around the world. Founded in 2023, the company is headquartered in Sheridan, WY and has a team of expert developers and engineers who are dedicated to advancing the adoption of Bitcoin as a global currency. For more information please visit https://btcpay.llc.
Legal Disclaimer: BTCpay Systems LLC is not affiliated with or sponsored by any of the companies, products or services referenced or mentioned in this press release. The use of these trademarks is solely for illustrative purposes and does not imply any endorsement or association with these companies. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
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