Software firm MicroStrategy plans to release software applications and solutions powered by the Bitcoin Lightning Network in 2023.

The company’s executive chairman, Michael Saylor, stated that as part of his transition from CEO to executive chairman, the company’s Bitcoin arm has been able to focus on ways it can contribute to the Bitcoin ecosystem beyond just buying and holding BTC.

MicroStrategy is exploring Lightning services for online content monetization, enterprise marketing, web paywalls, and internal corporate controls.

Saylor said the company has teams working on the project and expects to show something in the first quarter of 2023.

The upcoming Bitcoin event for MicroStrategy will feature a “Lightning for corporations” agenda, which will delve into the company’s plans for exploring and contributing to the Bitcoin ecosystem.

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