Bitcoinβs Lightning Network Is Enabling Instant Fiat Transfers Between Europe and Africa By Namcios Bitcoin app CoinCorner has enabled a feature that allows foreign users to send low-cost instant remittances to Africa, via a partnership with Africa-based Bitcoin app Bitnob. The move comes after a similar collaboration between Bitnob and Lightning payments app Strike, which enabled the latter's U.S. users to instantly transfer money to bank accounts in Nigeria, Ghana and Kenya with minimal fees. Send Globally connects users in Africa with those in the U.S., EU and U.K. through the Lightning Network, Bitcoin's low-cost and fast payment overlay protocol. |