{"id":6963,"date":"2018-04-25T15:04:07","date_gmt":"2018-04-25T15:04:07","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=6963"},"modified":"2018-04-25T15:04:07","modified_gmt":"2018-04-25T15:04:07","slug":"bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\/","title":{"rendered":"Bitcoin Lightning Transaction Completed Between Nigeria &#038; Zimbabwe"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2009 alignleft\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/bitcoin.jpg\" alt=\"\" width=\"380\" height=\"250\" \/>BitMari, a Zimbabwe based Pan-African remittance service based on blockchain technology, has completed a successful Bitcoin transaction using Lightning Network. The test transaction was completed with Tanjalo, a <a href=\"https:\/\/www.legitgambling.com\/cryptocurrency\/bitcoin\">Bitcoin trading platform<\/a> in Nigeria. This has opened doors for quick, easy, and low cost Bitcoin transactions between the African countries.<\/p>\n<p><strong>Tanjalo\u2019s co-founder and CTO, Tim Akinbo<\/strong>, sent $15 in Bitcoin from from Nigeria to Zimbabwe using the BitMari platform.<\/p>\n<p>BitMari enables people from any corner of the world to send money to Zimbabwe, using blockchain technology. It is also the only company in the world to receive a money transfer license from the central bank of Zimbabwe and have a strategic partnership with Agribank to perform remittances for their customers using Bitcoin.<\/p>\n<p><strong>BitMari co-founder, Sinclair Skinner<\/strong>, said<\/p>\n<blockquote><p>\u201cBitMari\u2019s quick adoption of Lightning is active use of Bitcoin and blockchain technology to solve real-world challenges facing Africans on the continent and in the diaspora; such as costly remittance fees.\u201d<\/p><\/blockquote>\n<p><strong>Akinbo<\/strong> has also posted a video explaining the transaction process.<\/p>\n<p><strong>BitMari<\/strong><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\" https:\/\/www.youtube.com\/embed\/CXB8uOWmX9Y?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>The importance of this facility can be understood from the message put up on the website of BitMari<\/p>\n<blockquote><p>\u201cInternational average cost of remittance is approximately 7% yet, the cost of sending money to and from Africa can be as high as 20%. 20% is $2 out of every $10. These $2 may mean very little to you and I but in some areas of Africa, it could be the cost of a daily grocery trip.\u201d<\/p><\/blockquote>\n<p><a href=\"https:\/\/www.bitmari.com\/\">Bitmari has also launched<\/a> the first ever Blockchain based accelerator for women farmers in Africa.<\/p>\n<h2>Lightning Network<\/h2>\n<p>The Lightning Network is a &#8220;second layer&#8221; payment protocol that operates on top of Bitcoin blockchain. It enables instant transactions between participating nodes. It is perceived as a solution to the Bitcoin scalability problem.<\/p>\n<p>We can expect a huge demand for the service in Africa in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMari, a Zimbabwe based Pan-African remittance service based on blockchain technology, has completed a successful Bitcoin transaction using Lightning Network. The test transaction was completed with Tanjalo, a Bitcoin trading platform in Nigeria. This has opened doors for quick, easy, and low cost Bitcoin transactions between the African countries. Tanjalo\u2019s co-founder and CTO, Tim Akinbo, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,68],"tags":[],"class_list":["post-6963","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Lightning Transaction Completed Between Nigeria &amp; Zimbabwe<\/title>\n<meta name=\"description\" content=\"BitMari, a Zimbabwe based Pan-African remittance service based on blockchain technology, has completed a successful Bitcoin transaction using Lightning Network. The test transaction was completed with Tanjalo, a Bitcoin trading platform in Nigeria.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Lightning Transaction Completed Between Nigeria &amp; Zimbabwe\" \/>\n<meta property=\"og:description\" content=\"BitMari, a Zimbabwe based Pan-African remittance service based on blockchain technology, has completed a successful Bitcoin transaction using Lightning Network. The test transaction was completed with Tanjalo, a Bitcoin trading platform in Nigeria.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-25T15:04:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/bitcoin.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"Bitcoin Lightning Transaction Completed Between Nigeria &#038; Zimbabwe\",\"datePublished\":\"2018-04-25T15:04:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/\"},\"wordCount\":311,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/bitcoin.jpg\",\"articleSection\":[\"Bitcoin\",\"Cryptocurrency\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/\",\"name\":\"Bitcoin Lightning Transaction Completed Between Nigeria & Zimbabwe\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bitcoin-lightning-transaction-completed-between-nigeria-zimbabwe\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/bitcoin.jpg\",\"datePublished\":\"2018-04-25T15:04:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"description\":\"BitMari, a Zimbabwe based Pan-African remittance service based on blockchain technology, has completed a successful Bitcoin transaction using Lightning Network. 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