Japan’s Third-Largest Electric Provider Is Testing Bitcoin On Lightning
Japan's Third-Largest Electric Provider Is Testing Bitcoin On Lightning Japan's third-largest electricity provider is emerging as one of the first major companies in the world to trial a promising bitcoin payments technology. Revealed exclusively to CoinDesk, Chubu Electric Power Co. has entered into a proof-of-concept with local bitcoin and Internet of Things (IoT) startup Nayuta, one that finds it exploring how bitcoin payments can be made via the Lightning Network, an in-development protocol that promises to cut costs for bitcoin…