ZEBEDEE Leverages Bitcoin Lightning Network for Cross-Platform Payments – Bitcoin Magazine
- ZEBEDEE launches a seamless integration that allows any participating business or app to transfer money across platforms.
- The “Login with ZBD” feature also allows applications to pay their users instantly.
- The new integration leverages Bitcoin’s Lightning Network which enables instant payments.
ZEBEDEE, a fintech company focused on bitcoin games, now allows any app or game to transfer money to and from its users through Bitcoin’s Lightning Network, according to a press release sent to Bitcoin Magazine.
Fresh off a $35 million raise with legendary game developer Square Enix, ZEBEDEE has already made headlines for expanding its bitcoin gaming rewards to classic games like Sudoku and Solitaire. Therefore, a pivot away from typical bitcoin gaming rewards seems a little out of character for the company at a glance. However, ZEBEDEE’s leveraging of the Bitcoin Lightning Network to enable any business to allow the transfer of value instantly is far from a departure from its business model.
“The most powerful innovations often appear simple on the surface and feel familiar to users, and this is where the beauty of Login with ZBD lies,” said Andre Neves, co-founder and CTO of ZEBEDEE. “Because we use a widely adopted standard, developers will find it extremely easy to integrate and users will already be familiar with the flows involved.”
The new feature is called “Logg In With ZBD” and features the widely used OAuth 2.0 standard that enables different applications to authorize each other through a communication protocol, allowing apps to seamlessly talk to each other and transfer information or funds. A user would simply log in with their ZBD account and accept the necessary permissions, and then any app leveraging the integration would be able to communicate without the need for clunky authorization screens or QR codes.
In addition, the integration also allows the app to pay its users, creating the circular economy ZEBEDEE is known for. According to the release, ZEBEDEE is the first Lightning infrastructure provider to enable this integration.
This ability to transact seamlessly across platforms was discussed at Bitcoin 2022 when Jack Mallers discussed leveraging the Lightning Network for more than just bitcoin, allowing businesses worldwide to transact instantly, with low fees, and removing unnecessary intermediaries.
“It’s a way to connect previously siled systems into one network where value flows freely and immediately,” Neves said.