As an alternative to traditional monetary policy and in the face of this difficult context for financial institutions, Amboss is launching Hydro. This launch comes following the demand for liquidity on the Bitcoin Lightning network. This innovative platform now offers users a fast, secure and cost-effective solution. Thus, they will be able to access financial services using blockchain technology.
Some advantages of Hydro
As expected, Hydro’s benefits from liquidity demand on the Bitcoin Lightning Network are not insignificant. Here is what it will be used for:
- Hydro makes it easy to exchange bitcoin via the Lightning Network;
- Transaction fees are kept to a minimum, offering a significant advantage over traditional systems;
- Transactions are completed in seconds, ensuring optimal speed
Amboss’ response to inflation with Hydro
By launching nothing less than Hydro as an innovative digital solution, Amboss was able to respond to the persistent problem of inflation. The use of blockchain technology and the digital currency bitcoin allows its users to benefit from a number of advantages.
Speed and security of transactions
Thanks to the use of the Lightning network and dedicated applications, bitcoin transactions on Hydro are not only fast but also secure. This technology stands out for its ability to facilitate instantaneous and seamless exchanges between two parties.
Independence from monetary and political hazards
The decentralized operation of bitcoin allows users who opt for Hydro to free themselves from the risks linked to the monetary policy of central banks or to economic and geopolitical events. Thus, they can preserve their capital in an uncertain and volatile context.
Advantageous pricing and cost reduction
Finally, transaction fees on the Bitcoin Lightning Network are significantly lower than those of traditional banking systems. Hydro therefore allows users to make significant savings on their money transfers and other financial transactions.
The BCE remains attentive to current inflationary trends. Thus, by adjusting its key interest rates, it makes it possible to stem a phenomenon which threatens the monetary stability of the euro zone. That said, it’s crucial to stay informed about tools like Hydro from Amboss. Indeed, it is an innovative response based on technologies such as the Bitcoin Lightning network. This could help ensure the protection of its capital. Thus, we will benefit from greater independence in the face of global economic hazards.
