Project Scope
The scope of this project defines the boundaries, deliverables, and key integrations required to successfully launch Lightway Finance’s cross-border payments solution leveraging the Bitcoin Lightning Network and UMA technology.
In-Scope
Integration with Lightspark SDKs/APIs
Implement Lightning Connect for seamless access to the Bitcoin Lightning Network.
Deploy Universal Money Addresses (UMAs) for customer identity and simplified transactions.
Set up the Lightway Finance Lightning Node on Lightspark’s grid for payment routing, liquidity, and uptime.
NGN On/Off-Ramp via MFB APIs
Connect Lightway Finance’s Microfinance Bank (MFB) network for instant local deposits and withdrawals in Nigeria.
Ensure regulatory compliance with CBN (Central Bank of Nigeria) standards.
Build automated settlement processes for Nigerian Naira (NGN).
GBP On/Off-Ramp via ClearBank
Integrate with ClearBank APIs for GBP deposits, payouts, and reconciliations.
Establish liquidity and compliance processes for UK banking regulations.
Enable real-time exchange and settlement between GBP and NGN.
Admin Interface for Lightspark Node Management
Build a secure admin dashboard for monitoring Lightning node activity.
Provide functionalities for funding channels, balance monitoring, and transaction tracking.
Include basic analytics and alerts for liquidity and uptime.
Customer Registration & UMA Assignment
Automate account creation with UMA assignment upon registration.
Ensure smooth KYC/AML onboarding in line with Nigerian and UK regulatory standards.
Enable customers to initiate and receive cross-border transfers instantly.
Out-of-Scope
Building independent Lightning infrastructure outside of Lightspark’s ecosystem.
Expansion to additional currencies or markets (future roadmap).
Development of crypto exchange services (buy/sell/trade functionality).
Peer-to-peer marketplace or merchant services (not part of initial phase).
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