Amboss, a leader in Bitcoin Lightning network solutions at Ai-Driven, announced today Rails, a groundbreaking self-monitoring Bitcoin production service. According to a press release sent to Bitcoin Magazine, it is intended to authorize companies, custodians and high net worth individuals. This allows participants to earn the yield on Bitcoin.
Rails has also introduced a secure way for liquidity providers (LPS) to hold all custody of their bitcoin while generating returns from liquidity leasing and payment routes, although they cannot be guaranteed. Amboss’ AI technology implementation, Rails strengthens their lighting network with more reliable transactions and greater payment volumes.
“Railways are the transformative force of the Lightning Network,” said Amboss Jesse Shrader CEO and co-founder. “It’s not only about yield, but about enabling businesses to strengthen the network while making money from Bitcoin. This is an important step for Bitcoin as a global medium of exchange.”
The service offers two options:
- Rails LP is designed for high net worth individuals, custodians and companies that own Bitcoin Treasury and require a minimum commitment of 1 BTC in a year.
- The liquidity subscription is designed for businesses that receive Bitcoin payments and costs 0.5%.
Amboss partnered with Concorner and Flux, a joint venture between Axiom and Concorner, to bring railroad tracks to market. Concorner incorporates it into the Isle of Man exchange platform and daily payment services. Flux is committed to promoting the existence of Lightning Network in global payments. Their participation highlights the industry’s development of railways, a tool to effectively scale Bitcoin.
“Rails provides a practical way for businesses like us to participate in the growth of the Lightning Network,” said Concorner David Boylan’s CFO. “We have been using the Lightning Network for years, and Rails provides a structured approach to engage with the economy, especially through liquidity leasing and payment routing. This is in line with our goal to make Bitcoin more accessible and practical and available for everyday use.”
