Neutron Powers Lightning Network Integration for Cobo, Expanding Bitcoin Infrastructure Across Asia
In a significant move for Bitcoin infrastructure expansion in Asia, Neutron, a Lightning Network infrastructure provider, has joined forces with Cobo, a digital asset custody platform. This partnership will enable Cobo’s clients to seamlessly conduct quick and cost-effective Bitcoin transactions using Neutron’s Lightning Network API.
The CEO of Neutron, Albert Buu, expressed excitement about the collaboration with Cobo, emphasizing the commitment to driving Bitcoin infrastructure development across Asia. By facilitating easy integration into the Lightning Network, Neutron aims to provide enterprise businesses with efficient real-time settlement solutions on a global scale.
Neutron’s focus on making Lightning the foundational system for contemporary Bitcoin usage underscores the importance of this partnership. The Lightning Network, designed as Bitcoin’s second layer for rapid and affordable transactions, bridges conventional financial systems with Bitcoin’s worldwide economy.
As lightning Network adoption continues to gain momentum in various markets, the alliance between Cobo and Neutron comes at a strategic time. By combining Cobo’s custody services with Neutron’s Lightning infrastructure, both companies are poised to meet the increasing demand for expedited Bitcoin payment solutions in Asia.
Dr. Changhao Jiang, CTO and Co-Founder of Cobo, highlighted the platform’s commitment to security and scalability, essential for institutional growth. Integrating Neutron’s Lightning Network API will enable Cobo to offer real-time, low-cost Bitcoin settlement services at scale, enhancing Bitcoin infrastructure efficiency throughout Asia.
In conclusion, the partnership between Neutron and Cobo signifies a significant step towards advancing Bitcoin infrastructure in Asia by leveraging the Lightning Network for faster and more efficient transactions. This collaboration is expected to empower businesses across the region with secure, cost-effective, and scalable Bitcoin payment solutions.
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