Major Brazilian brokerage adopts Bitcoin technology that increases transaction speed
Another major cryptocurrency brokerage in Brazil has adopted Bitcoin's Lightning Network technology, which increases transaction speed and considerably reduces transaction costs.
The latest company to show interest in the technology is Bitybank, which has entered into a strategic partnership with Lightspark. The company's founder is David Marcus, formerly of PayPal and Facebook.
The service has already been made available to customers, allowing for fast transactions through Bitcoin's second-layer technology.
