MicroStrategy wants to engineer in Bitcoin Lightning Software

MicroStrategy, a well-known provider of business intelligence and software, is seeking to hire a software engineer to work on the creation of a SaaS platform based on the Lightning Network.

This occurs soon after Michael Saylor, the company’s former CEO, resigned.

The company posted a job application looking for an experienced software developer for a new platform that will be created to provide businesses with “innovative solutions to cyber-security challenges and enabling new e-commerce use cases.”

The new hire will be tasked with developing software applications using the Lightning Network, Bitcoin Blockchain, and other decentralized finance technologies.

The other focus areas include making contributions to Bitcoin Core, lnd, and other significant open source and crypto projects.

Since entering the market in 2020, MicroStrategy, one of the biggest BTC holders, has so far acquired 130,000 coins.

A few weeks ago, the second layer scaling solution’s enterprise applications were revealed by the tech company’s co-founder and former CEO, Michael Saylor, who is now a vacancy.

Saylor remarked,

“MicroStrategy has got some R&D projects going on right now where we’re working on enterprise applications of Lightning: enterprise Lightning wallet, enterprise Lightning servers, enterprise authentication.”

Saylor, who founded MicroStrategy more than three decades ago, recently resigned from his position as CEO and separated himself from his dual responsibilities as chairman and CEO.

According to its second quarter financial results, MicroStrategy incurred a $917 million charge for the impairment of digital assets due to the over 65% decline in Bitcoin’s price since its peak.