Fun

Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

News Feed - 2022-01-11 05:01:59

Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode


On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners With Opennode, Introduces Lightning Network Support


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


“Our partnership with Opennode is incredibly important for our users,” Manuel Beaudroit, the CEO of Belo said in a statement. “Our goal is for more and more people to learn and experience the potential and benefit of cryptocurrencies for everyday life, on a day-to-day basis, and in a simple way. With Belo, users only need one peso to start depositing money and buying crypto in a way that is usable by and accessible to everyone over 13, regardless of their purchasing power.” Opennode Executive Looks Forward to ‘Millions of People in Latin America’ Accessing Bitcoin


Belo wallet launched in 2020 and Latin American residents have been able to obtain crypto assets via the mobile application and a Mastercard. The startup’s website 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 growth, Julie Landrum, explained during the announcement that the company looks forward to giving Latin American’s more choices in finance. “We’re incredibly excited about Opennode’s integration with the Belo App, as this means millions of people in Latin America will have the ability to transact instantly in bitcoin, furthering adoption in a region where bitcoin growth is exploding,” Landrum remarked.


At the time of writing, there is over 3,200 BTC locked in the Lightning Network or $136.6 million. The Lightning Network’s total value 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 Growth, IOS, Julie Landrum, lightning network, ln, Manuel Beaudroit, Mobile wallet, Opennode, Opennode executive, Pesos


What do you think about Belo App partnering with Opennode and integrating the Lightning Network? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 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. Arbitrum Network Stalled Due to Sequencer Downtime NEWS | 12 hours ago Spanish Deputy Suggests Spain Might Attract Kazakhstan Miners NEWS | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleSega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItItalian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG


The Italian luxury sports car manufacturer headquartered in Maranello, Italy, Ferrari has announced the firm is partnering with Velas Network AG, a firm that specializes in blockchain and non-fungible token (NFT) technology. Ferrari Reveals Partnership With Blockchain Firm Velas On ... read more.Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High Study Shows Market Share of Altcoins Surged Threefold Since 2014 Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’ Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin

News Feed

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead
Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for "Big Moves" Ahead Trends in bitcoin options markets are making it difficult for financi
Crypto lending platform Nexo allocates $12M for ecosystem incentives
Zhiyuan Sun6 hours agoCrypto lending platform Nexo allocates $12M for ecosystem incentivesThe rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.5757 Total
Game Space Releases Merge Bird on Its GameFi-as-a-Service (GaaS) Platform
Game Space Releases Merge Bird on Its GameFi-as-a-Service (GaaS) Platform press release PRESS RELEASE. Singapore – Game Spaceis proud to announce the release of Merge Bird on
Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals
Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract th
Biggest Movers: DOGE Hits 3-Week High on Saturday
Biggest Movers: DOGE Hits 3-Week High on Saturday Dogecoin surged to a three-week high to start the week, as the token rallied for a second consecutive session. Overall, the meme c
Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today
Another Mysterious String of 1,000 "Satoshi Era" Bitcoins Mined in 2010 Moved Today On November 7 at around 12:37 a.m. (EST), another string of so-called ‘
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra"s LUNA Sheds 21% On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges 
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges  Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted
Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally
Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market c
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
Hyperinflation and Rent Controls - 2020"s Telltale Signs of Economic Distress Haunts Many Nations If history serves us well, 2020 is likely a precursor to a long
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis ReliefThe UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund it
Shiba Inu Bears Roar: Will SHIB Hit $0.00001272 Amid Market Sell-Off?
Este artículo también está disponible en español. Shiba Inuis under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attemp