June 27, 2022

Genuine State Giant La Haus To Enable Bitcoin Payments Via Lightning

3 min read

Latin American real state giant La Haus will integrate Bitcoin for payments, according to a press release. A market leader in Mexico and Colombia, the company will accept BTC deals via the second layer payment service Lightning Network.

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The combination will be supported by OpenNode, the release claims, as part of a La Haus’s method to welcome the innovations in the crypto space and keep its position as a market leader. The business runs with “totally” online transactions and its integration with Bitcoin might open up their deal to crypto enthusiasts.

La Haus records a $1 billion annualized gross deal value and claims to possess over 1 million regular monthly users. In addition, the business announced that it has actually raised $150 million in equity capital funding from investors that include Bezos Expedition, Endeavor Catalyst, Greenspring Associates, popular singer Maluma, and others.

La Haus has acknowledged Bitcoin’s value as an asset that offers monetary security and access to low-cost deals, specifically through Lightning Network, in Latin America. The region has among the biggest unbanked populations all over the world. Hence, its people have actually been among the fastest to adopt cryptocurrencies.

Rodrigo Sánchez-Ríos, President of La Haus, claimed the following about the business’s Bitcoin integration for payments:

We are securely focused on making homeownership available and possible for millions of people throughout Latin America,” said Rodrigo Sánchez-Ríos, president of La Haus. As we expand throughout Latin America, Bitcoin can solve a few of the issues that include buying a home with regional currencies. The Bitcoin and property worlds have excellent synergy.

Bitcoin Use To Pay For Thousands Of Properties

The initiative will be released in Kahala, a high-end real estate advancement on Playa del Carmen, a sector located on the Mayan Riviera. Consumers will be able to spend for condominiums with Bitcoin. The initiative will later on broaden its BTC integration for more of its items.

According to journalism release, La Haus has around 80,000 homes that will be used in Bitcoin at a later stage. OpenNode’s Head of Operations, Kevin Adekayode stated:

We are happy to be dealing with La Haus, a forward-thinking company not content to opt for the status quo. Together we are delighted to take advantage of the power of Bitcoin, a tested rail for protected, instantaneous, certified, and traceable deals.

In addition to its Bitcoin integration, La Haus hired Jehudi Castro-Sierra, former Digital Transformation consultant to the Colombian administration. Castro-Sierra signed up with the business in the function of Vice President of the Future. On La Haus announcement, Castro-Sierra commented:

Bitcoin enhanced by Lightning permits instant, international settlement in a more efficient method. La Haus is linking to this inclusive open financial network in order to much better serve its consumers, utilizing advanced innovation. We’ll continue to innovate, checking out initiatives around web3, tokenization and disintermediation.

Related Reading|Miami Mayor Says City Will Give Every Citizen Bitcoin Dividends

As of press time, BTC trades at $65,046 with sideways motion in the 4-hour chart.

Bitcoin BTC BTCUSD
BTC moving sideways in the 4-hour chart. Source: BTCUSD Tradingview