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HomeCoinsBitcoinArgentina-Based Mobile Wallet App Belo Adds Lightning Network Support by means of...

Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support by means of Opennode


Argentina-Based Mobile Wallet App Belo Adds Lightning Network Assistance through Opennode

< img width=" 1280" height=" 720" src=" http://investincryptocoins.com/wp-content/uploads/2022/01/UeCS9B.jpg" class =" story __ img post __ poster" alt loading=" lazy" > On Monday, January 10, the Argentina-based mobile wallet business Belo revealed that the platform has included support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure company Opennode. The mobile application permits users to trade and negotiate in pesos and now users can negotiate with bitcoin payments going forward.

Belo Partners With Opennode, Presents Lightning Network Assistance

Belo, the Argentine mobile wallet application founded by Manuel Beaudroit intends to “produce a bridge” between the crypto world and life in pesos. On Monday, the company revealed it has partnered with the bitcoin (BTC) payment processor Opennode and the application will support the Lightning Network. The Belo application is offered for iOS and Android mobile phones and it also supports ethereum and a few stablecoins pegged to the U.S. dollar.

” Our collaboration with Opennode is incredibly essential for our users,” Manuel Beaudroit, the CEO of Belo stated in a statement. “Our objective is for increasingly more people to discover and experience the possible and benefit of cryptocurrencies for everyday life, on a day-to-day basis, and in an easy method. With Belo, users just require one peso to start depositing cash and buying crypto in such a way that is usable by and accessible to everybody over 13, despite their acquiring power.”

Opennode Executive Eagerly Anticipates ‘Countless Individuals in Latin America’ Accessing Bitcoin

Belo wallet released in 2020 and Latin American homeowners have actually had the ability to obtain crypto assets by means of the mobile application and a Mastercard. The start-up’s website firmly insists that anyone above the age of 13 can use the Belo mobile wallet application, and either pay in pesos or cryptocurrencies.

Opennode’s head of development, Julie Landrum, explained during the announcement that the company eagerly anticipates giving Latin American’s more choices in financing. “We’re exceptionally thrilled about Opennode’s combination with the Belo App, as this suggests millions of individuals in Latin America will have the capability to negotiate instantly in bitcoin, enhancing adoption in an area where bitcoin growth is blowing up,” Landrum said.

At the time of composing, there is over 3,200 BTC locked in the Lightning Network or $136.6 million. The Lightning Network’s total worth locked (TVL) is 36.79% lower than it was on November 8, 2021, when it reached $216.13 million.

Tags in this story
android, Argentina, Argentine, Argentine Peso, Belo App, Belo App Lightning Network, Belo Lightning Network, Bitcoin lightning network, CEO of Belo, Finance, Fintech, Head of Development, IOS, Julie Landrum, lightning network, ln, Manuel Beaudroit, Mobile wallet, Opennode, Opennode executive, Pesos

What do you think of Belo App partnering with Opennode and integrating the Lightning Network? Let us understand what you think of this topic in the comments section below.

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech reporter living in Florida. Redman has been an active member of the cryptocurrency community given that 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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In Case You Missed It Published at Tue, 11 Jan 2022 08:30:59 +0000


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