Diamond Hands, Japan’s largest Lightning Network community, is partnering with a major real estate company in Tokyo for a joint research project for wider adoption.
Japan's largest Lightning community, Diamond Hands, is teaming up with one of the largest real estate companies, Open House Group, in Tokyo for a joint research project.
Open House will investigate how to leverage the Bitcoin Lightning Network for real estate transactions in the region.
The real estate company will also look to develop infrastructure practices for companies in the area looking to adopt the Lightning Network.
Open House Group Company Limited, a major real estate company in the Tokyo metropolitan area, is sponsoring Japan’s largest Lightning Network community, known as Diamond Hands, in a joint research project, according to a press release sent to Bitcoin. . Magazine.
Open House will sponsor Diamond Hands’ advocacy and outreach efforts in its pursuit of greater adoption of the Lightning Network in the region. The Lightning community will join Open House on internal research and development and community development projects regarding Lightning adoption for individual users and businesses.
In addition, Open House seeks to strengthen its understanding of the ecosystem by exploring full-node business operations for enterprises. This research will include secure data storage on personal devices and cloud databases on full nodes in real estate, leveraging layer two Bitcoin technology for real estate transactions and how to route payments on the Lightning Network.
Previously, Diamond Hands made headlines for its partnership with bitcoin gaming company ZEBEDEE, in which the two organizations, along with Mimesis Capital, joined forces to strengthen Lightning adoption in Asia.
Consequently, Mimesis Capital, being a bitcoin-focused family office, planned to leverage Diamond Hands connections to offer business advice to companies looking to integrate the Lightning Network into their professions. Additionally, ZEBEDEE sought to build infrastructure to enable high levels of bitcoin gaming in the region.
“The Diamond Hands community has played a key role in the adoption of Lightning for individuals and businesses in Japan over the past year, but we look forward to taking this forward by collaborating with businesses and international communities,” Koji Higashi, co-organizer of Diamond Hands had previously stated.