River Financial Releases New Lightning Integration Currently Used By El Salvador

• River Financial launches a caller Lightning Network merchandise for businesses and institutions.
• RLS has been the backend work supplier of El Salvador’s Chivo Wallet for implicit a year.
• River has different well-known customers successful the works to beryllium onboarded to the Lightning Network.

River Financial, a fintech institution focused connected Bitcoin services, has released River Lightning Services (RLS), a Lightning Network integration to assistance businesses, and institutions leverage the network, per a merchandise sent to Bitcoin Magazine.

RLS has already been progressive successful El Salvador for implicit a year, serving arsenic the backend Lightning integration for the Chivo Wallet. Additionally, the institution noted that different “well-known customers” volition besides beryllium coming onboard.

“RLS is the adjacent measurement connected River’s ngo to accelerate the adoption of Bitcoin,” said Alex Leishman, laminitis and CEO of River. “We’re incredibly arrogant to beryllium serving the radical of El Salvador and look guardant to bringing the powerfulness of this unthinkable exertion to the world.”

RLS makes the process of integrating Lightning easier by not requiring developers to tally immoderate Lightning infrastructure themselves. By utilizing an application-programmable interface (API) “RLS is doing for Bitcoin what Stripe did for recognition paper processing,” said the release.

Indeed, River has been operating wrong the Lightning ecosystem for the past 4 years and presently runs immoderate of the largest nodes connected the network. Thus, the institution explained that moving a high-uptime node with a precocious outgo occurrence complaint is hard to manage.

Therefore, RLS attempts to portion distant astatine the complexities of the Lightning Network enabling developers to prosecute with the ecosystem without needing to negociate its method hurdles.

Additionally, River noted that “due to its accelerated moving protocol, upcoming multi-asset & stablecoin capabilities via Taro, and instant and inexpensive transactions," the Lightning Network is cardinal to accelerating the adoption of Bitcoin.