Lightspark hopes Bitcoin Lightning payment standard will strike interest

Bitcoin Lightning network-based business payments service Lightspark threw its support for the new Universal Money Address (UMA) standard on Monday, positioning it as a game-changer in making global payments as “easy as sending an email.”

The open-source initiative facilitates real-time settlement while incorporating compliance messaging and foreign exchange capabilities for fiat currencies.

Launched last week, UMA is being touted as an extension of LNURL, a standard protocol designed to simplify the process of making payments, according to its GitHub repository.

UMA boasts secure transactions and open payments in any currency, leveraging bitcoin’s global liquidity, for…

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