Joltz Unlocks New Possibilities with their Wallet and SDK,
bringing a new era of builders to the Bitcoin
ecosystem.
SAN
FRANCISCO, CA, May 17, 2024
/PRNewswire/ - Joltz has launched its new wallet and SDK, notably
the world's first non-custodial Bitcoin wallet
supporting the cutting-edge Taproot Assets protocol. This marks a
significant advancement in the Web3 landscape and builds on the
momentum recently sparked by innovations like Ordinals, which have
demonstrated considerable market demand for
Bitcoin-based applications. Taproot Assets make
Bitcoin - and the Lightning Network - a multi-asset
network, and Joltz's latest offering is paving the way for a new
era of scalable use cases on Bitcoin, including
stablecoins, whose $150B market
capitalization has largely eluded Bitcoin historically
in favor of other blockchains.
In addition, Taproot Assets can also power other types of use
cases, including novel types of rewards and user incentives. For
example, Joltz enables businesses to reward users with branded
loyalty tokens backed by either BTC or stablecoins, all with
immense scalability and speed via Lightning. This transformative
technology empowers businesses to offer more engaging and valuable
reward experiences, leveraging the security and efficiency of the
latest innovations built on Bitcoin. According to
Ian Major, Co-founder of Joltz
Rewards:
"We're thrilled about the release. The wallet
SDK is a culmination of technology that combines best-in-class
security and usability while unlocking brand new use cases on
Bitcoin that haven't been possible before."
According to the team at Joltz, loyalty and rewards seemed like
a necessary place to start when considering what technical
solutions could be improved by the Lighting Network. In a world
where most loyalty programs lose brands money or barely break even,
and most customers experience friction in being unable to spend or
transfer points easily, Joltz's founders realized,
"Bitcoin fixes this!" Building their solution on
Bitcoin negates both of these issues and more. Joltz
Wallet is not only the first non-custodial wallet that supports
Bitcoin and Taproot Assets, but it is designed to be
user-friendly and sets Joltz apart from other solutions.
Furthermore, by releasing the Joltz SDK, Joltz provides a robust
framework for businesses to seamlessly integrate
Bitcoin and Taproot Asset functionality into their
existing platforms. This duo of pivotal releases from Joltz has the
potential to revolutionize how companies engage with their
users.
Unlike traditional loyalty systems and point structures, which
often lose value over time, Bitcoin rewards represent
a real, tangible asset with the upside, for both brand and
consumer, of potential appreciation. This seismic shift in loyalty
systems can empower consumers while aligning with the modern
expectations of reward programs in a way that rewards all parties
involved. According to, once again, Co-Founder Ian Major,
"Not only are you giving consumers more
purchasing power that makes it more likely that the business is
going to get that next purchase, but the business is going to
benefit from that through new customer acquisition by being an
early adopter."
Joltz is changing how businesses and consumers consider their
relationship with Bitcoin and the Lighting ecosystem
while striving to redefine how businesses reward customer loyalty.
By leveraging the Lighting network and making Taproot Assets more
accessible through its wallet and SDK infrastructure, Joltz is
introducing a new era of use cases built on Bitcoin
that prioritizes transparency, security, and consumer value.
About Joltz
Joltz unlocks the Bitcoin economy by building
industry-leading Bitcoin, Lightning Network, and
Taproot Asset tools and infrastructure. Its focus is user-friendly
solutions, making complex infrastructures, like Taproot Assets,
more accessible.
About Joltz Wallet
Joltz Wallet makes it easy for end users to engage with new use
cases on Bitcoin, including stablecoins, loyalty
rewards, and more. As the world's first non-custodial wallet
supporting the cutting-edge Taproot Assets protocol, Joltz Wallet
provides an accessible way to experience Bitcoin like
never before.
About Joltz SDK
The Joltz SDK provides developers with an accessible
'plug-and-play' solution to add support for Taproot Assets to their
applications. Developed by Lightning Labs, the Taproot Assets
protocol makes Bitcoin and its L2 the Lightning
Network, a multi-asset network, allowing for cheaper, faster
transactions on BTC.
LINKS:
➔ Explore the Joltz
Wallet
➔ Learn more about Joltz SDK here
➔ Keep up with Joltz on their X / Twitter
@Joltz_btc
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SOURCE Joltz