Bitfury Brings Lightning Network to HadePay Payment Processing and Business Management Platform

Enables U.S. Merchants to Make Lightning Network Bitcoin Payments

Washington DC — March 11, 2019

The Bitfury Group today announced it has integrated the Bitcoin Lightning Network into the merchant payment processing platform offered by HadePay. Merchants across the United States, Canada and the European Union can now use the HadePay platform to accept Lighting Network bitcoin payments, using Bitfury’s Peach merchant API.

HadePay is a hybrid payment processor offering both fiat and blockchain payments which can be used by merchants all over the world in conjunction with PayPal, Apple Pay, Square and more. HadePay’s bitcoin payment service has now been made available in all 50 U.S. states in a wide variety of industries, including professional services, golf courses, lodging and resorts, non-profit, restaurants and stores. Led by Lightning Peach, Bitfury’s team of Lightning Network developers, HadePay merchants can now accept Lightning Network payments, improving the efficiency and lowering the costs of bitcoin transactions.

The Lightning Network is a second-layer protocol that operates on top of the Bitcoin Blockchain to enable instant, low-cost micropayments. With the Peach merchant API integrated with Hadepay’s platform, people can quickly and easily complete bitcoin transactions, which can then immediately be converted into another currency through HadePay, if needed by a merchant.

“By bringing the Lightning Network to HadePay’s payment processing platform, we are making it easier for businesses across the United States to accept bitcoin payments,” said Pavel Prikhodko, Head of Lightning Peach. “HadePay’s wide network will now be able to accept bitcoin knowing that the transaction will go through almost immediately. The Lightning Network is an essential tool for efficient cryptocurrency payments, and we’re thrilled to be bringing it that much closer to worldwide adoption.”

“Our customers are excited to leverage much faster, cheaper, and more convenient Bitcoin payments made possible by Peach. Bitfury and the Lightning Peach team are perfect partners due to our shared goal of providing businesses with the most cutting-edge financial technology possible,” said HadePay CEO and founder Brian Nichols. “Bitcoin has always been a good low-cost alternative to fiat payments, but with this integration Bitcoin payments are now equally convenient as our fiat payment processing services, thereby paving the way for mass adoption in commerce.”

About The Bitfury Group

The Bitfury Group is the world’s leading full-service blockchain technology company. Bitfury is building solutions for the future, with the most significant technologies of the millennium. Our mission is to make the world more transparent and trusted by innovating at every level of technology — hardware, security, and software — to put trust back into the equation. Founded in 2011, Bitfury is the leading security and infrastructure provider for the Bitcoin Blockchain. In addition to securing the Bitcoin Blockchain, Bitfury also designs and produces innovative hardware that keeps cryptocurrencies and blockchains secure, including custom semiconductor chips and mobile datacenters. Bitfury is also expanding its software offerings, in the United States and elsewhere, by providing some of the world’s most cutting-edge applications through its private blockchain framework, ExonumTM, its advanced analytics platform CrystalTM Blockchain, and its specialized engineering team for the open-source Lightning Network, Lightning Peach. To learn more, visit www.bitfury.com.

About ODP Solutions (HadePay)

ODP Solutions is a financial technology startup that develops infrastructure for online, mobile, and physical businesses to accept fiat and blockchain payments. HadePay is a payment and business management solution that provides an end-to-end complete solution for point of sale, checkout, and payment processing to businesses in the U.S., Canada, and Europe. To learn more, visit http://www.hadepay.com/

Bitfury Media Contact

Rachel Pipan

rachel.pipan@bitfury.com