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BlockStream’s Green Wallet Announced Support for its LiquidNetword

Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain.

Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5.

Per the announcement, users of the wallet can now store, send and receive Liquid Bitcoin (L-BTC) and Issued Assets on the Liquid sidechain. The Liquid Network project, first discussed in 2015 and launched in October 2018, aims to allow for faster transactions with Bitcoin (BTC) between businesses and individuals with the use of its features. Bitcoin transactions on to the sidechain, where it moves as bitcoin liquid, are reportedly also more private:

“L-BTC transactions on Liquid also benefit from the latest Confidential Transaction technology, which ensures that key details of transactions are hidden by default. Third parties inspecting […] will be able to see the addresses the transaction was sent from and to, but not how much was sent, or even what was sent.”

Lastly, in addition to L-BTC, Liquid also supports other tokenized assets such as stablecoins and securities. The post also specifies that the wallet supports both Android and iOS devices through the dedicated store and promises desktop functionality coming soon.

As Cointelegraph reported earlier this week, Blockstream recently launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network.

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Blockchain Infrastructure Firm Blockstream Launches Security Token Platform

Blockchain infrastructure firm Blockstream announced the launch of its security token platform.

Blockchain infrastructure firm Blockstream announced the launch of its security token platform in a press release shared with Cointelegraph on May 15.

Per the announcement, the new Liquid Securities platform is a solution for businesses to issue security tokens on the Liquid Network.

Blockstream Chief Security Officer Samson Mow claims that while businesses are willing to issue tokenized securities, platforms such as Ethereum are not the right choice because of their scalability, privacy and reliability limitations. Blockstream claims that its platform is more suitable for such use:

“Now, with the launch of Liquid Securities, businesses can quickly issue Liquid-based security tokens with the click of a button,and establish sophisticated rulesets to conform with their regulatory requirements…”

The platform will reportedly launch with four partners: investment platform BnkToTheFuture, multi-blockchain issuance platform TokenSoft, United States-based bank Zenus Bank, and game development studio Pixelmatic.

The announcement explains that the Liquid Network is a settlement network connecting cryptocurrency exchanges, market makers, brokers, and other financial institutions.

In March, Blockstream released a new version of its bitcoin (BTC) scalability software, c-lightning. The release included performance enhancements, bug fixes and augmented privacy.

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GoTenna Partners With Blockstream Satellite to Make Using Bitcoin Without an Internet Connection Simpler

Sending bitcoin transactions without an internet connection just got a little bit easier. Announced at the Magical Crypto Conference on Saturday in New York City, Blockstream Satellite and goTenna are integrating their technologies to make it easier to send bitcoin transactions with technology used to onboard people without direct internet connections. Blockstream Satellite is a […]