Lightning Labs introduced the Lightning Service Authentication Tokens (LSAT) protocol, which will allow third parties to provide paid APIs based on Lightning Network.
Now, to authenticate and pay for services on the Internet, users must enter their personal data, such as mail address and payment card information. LSAT protocol allows receiving a receipt for any purchase in the service on Lightning Network, which can also be used to authenticate in this service.
"In fact, LSAT is a ticket received through Lightning for a specific service or resource," said Olaoluwa Osuntokun, Lightning Labs Technical Director.
Unlike the usual cookies used in browsers, LSAT contains credentials that can be checked cryptographically. Users do not need to enter their email address or credit card information when they pay for cloud storage or hosting services. Using LSAT will be easier and safer, as the server or service itself will not receive data about who paid for the service.
You can also use LSAT to run paid APIs and monitor the use of software interfaces. Thus, instead of buying a subscription to the service API user will pay exactly the service he received. For example, such a system can be introduced in streaming services.
Recall that the other day the research unit of BitMEX reported that the development of Bitcoin open source code is most funded by Blockstream and Lightning Labs.
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