RelaySwiss-based bitcoin app with a self-custody wallet, has announced a new partnership with block flow and technology/”>breeze integrate Lightning Network into its platform, benefiting more than 100,000 European users, according to a press release sent to bitcoin Magazine.
The Lightning Network offers a scalable solution to facilitate fast, low-cost transactions, making bitcoin more suitable for everyday use. By leveraging Lightning, Relai aims to streamline bitcoin payments for its growing user base, allowing them to send and receive bitcoins directly to their wallets in a self-custodial manner.
“bitcoin is solid money. Lightning is the future of bitcoin,” said Relai CEO Julian Liniger. “This is how money will move around the world in the 21st century. That's why Lightning is a strategic focus of Relai and will be integral to our mission to bring btc to millions of people quickly, easily and securely!
By partnering with industry giants Blockstream and Breez, Relai aims to ensure seamless integration and optimal user experience. Blockstream's Greenlight cloud nodes and Breez SDK's Lightning Service Providers (LSPs) allow Relai to offer the benefits of Lightning while maintaining non-custodial control over user funds.
The integration of Lightning into Relai's platform is just the beginning of its product expansion and its expansion plans in Europe, according to the statement. Relai aims to obtain the MiCA license to extend its services throughout Europe, marking a big step towards its goal of making bitcoin accessible to millions of users across the continent.
