River Financial Releases New Lightning Integration Currently Used By El Salvador
River’s Lightning service is the backbone for Chivo Wallet in El Salvador and removes the need for developers to have their own Lightning infrastructure.River Financial launches a new Lightning Network product for businesses and institutions. RLS has been the backend service provider of El Salvador’s Chivo Wallet for over a year.River has other well-known customers in the works to be onboarded to the Lightning Network. River Financial, a fintech company focused on Bitcoin services, has released River Lightning Services (RLS), a Lightning Network integration to help businesses, and....
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Wait a minute, is River Financial involved in El Salvador’s bitcoin story? Since when? Apparently, the highly respected financial institution is now processing the Chivo Wallet’s Lightning transactions. Which seems like a step in the right direction, but also comes with seemingly unnecessary counterparty risk. Why isn’t El Salvador handling the operation internally? And, will […]
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