Amboss, a leader in AI-driven solutions for the Bitcoin Lightning Network, unveiled Rails, a self-custodial Bitcoin service designed to enhance asset utility. Developed for companies, custodians, and high net worth individuals, Rails enables participants to put their Bitcoin to work while contributing to the performance and scalability of the Lightning Network. This launch marks a significant step forward in creating decentralized, reliable payment infrastructure for the Bitcoin ecosystem.
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Rails introduces a secure, innovative way for participants termed Liquidity Providers (LPs) to maintain full custody of their Bitcoin while generating returns through payment routing and liquidity leases. By integrating Amboss’ advanced AI technology, Rails enhances the Lightning Network, enabling faster, more dependable transactions and supporting larger payment volumes.
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“Rails is a transformative force for the Lightning Network,” said Jesse Shrader, CEO and Co-Founder of Amboss. “It’s not just about yield it’s about enabling businesses to strengthen the network while earning on their Bitcoin. This is a critical step in Bitcoin’s evolution as a global medium of exchange.”
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Source: businesswire