- The largest Lightning community in Japan, Diamond Hands, is collaborating on a joint research project with one of the largest real estate companies, Open House Group, in Tokyo.
- Open House will explore the use of the Bitcoin Lightning Network for real estate transactions in the region.
- The real estate company will also look to build infrastructure practices for companies in the region looking to adopt the Lightning Network.
Open House Group Company Limited, a leading real estate company in the Tokyo metropolitan area, is sponsoring Japan’s largest Lightning Network community called Diamond Hands in a joint research project, according to a press release sent to Bitcoin Magazine.
Open House will sponsor Diamond Hands endorsement and outreach efforts to increase adoption of the Lightning Network in the region. The Lightning community will join Open House in research and development of both internal projects and community development as it addresses Lightning adoption for both individual users and enterprises.
In addition, Open House seeks to strengthen its understanding of the ecosystem by examining full-node business operations for enterprises. This research includes securely storing data on personal devices and cloud databases on full nodes in real estate, leveraging layer 2 bitcoin technology for real estate transactions, and routing payments on the Lightning Network.
Previously, Diamond Hands made headlines for its partnership with pure-play Bitcoin gaming company ZEBEDEE, in which the two organizations joined forces with Mimesis Capital to bolster Lightning adoption in Asia.
As a result, Mimesis Capital, a Bitcoin-focused family office, planned to use Diamond Hands’ connections to offer business advice to companies looking to integrate the Lightning Network into their professions. In addition, ZEBEDEE has set itself the goal of expanding the infrastructure to enable a higher level of Bitcoin gaming in the region.
“The Diamond Hands community has played an integral role in bringing Lightning to both individuals and businesses in Japan since last year, but we want to take this even further by collaborating with international businesses and communities,” says Koji Higashi, Diamond Hands co-organizer had previously said.