Ledger Joins Liquid Network

Ledger Joins Liquid Network

Crypto hardware wallet provider, Ledger has joined the Bitcoin sidechain known as the Liquid Network.

The network has numeral members that consist of various trading desks and exchanges, with Ledger becoming just the latest to join them. The vision of the network is to provide asset issuance, fast settlement times, and transaction confidentiality, all of which holders of Ledger’s devices will now stand to benefit from and has beckoned on what has been described as the “next generation of distributed infrastructure.”

“We wanted to join the Liquid Network because we believe it’s a way to trade Bitcoin in a more efficient and decentralized manner right now” said Co-Founder and Chief Innovation Officer at Ledger, Nicolas Bacca.

In regards to the partnership being a two-way street, he went on to say that “We want to provide security architecture for Liquid – for end-users and traders through our hardware wallet products, and for institutions through the Vault at a later time.”.

However, this is to oversimplify the aims and purposes of the partnership which you will need to refer to the Ledger website in order to learn more about. However, it definitely looks like a collaboration with plenty of promise and benefits for Ledger users too.

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