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What is Wallet of Satoshi?

The Wallet of Satoshi is a mobile app designed for both iOS and Android that simplifies the process of sending and receiving Lightning payments. This custodial wallet eliminates the need for complicated setups, making it an intuitive choice for users seeking a seamless experience. You can quickly download the app from walletofsatoshi.com, and after installation, you'll easily connect to the Lightning Network. The Lightning Network itself is an open-source payment protocol established on Bitcoin, designed to enable rapid and cost-effective transactions that greatly exceed the speed of traditional Bitcoin payments while offering enhanced security. This platform caters to daily transactions, ensuring that payments are not only quick and economical but also trustworthy. Moreover, it allows for micro-payments, which enables users to send tiny amounts of currency, sometimes as little as one ten-thousandth of a cent, thus creating new avenues for financial transactions. With its innovative features, the Wallet of Satoshi is transforming our approach to digital transactions, paving the way for a more efficient financial future. As it continues to evolve, the app may introduce even more functionalities that further enhance the user experience.

What is Galoy?

Around the world, numerous communities and organizations are increasingly adopting Bitcoin alongside the Lightning network through Galoy, a pioneering open-source banking solution. This initiative contributes not only to the creation of Bitcoin banking frameworks using self-hosted systems but also provides a managed service model referred to as "banking-as-a-service." With the same shared custody model and intuitive Lightning wallet that helped Bitcoin Beach cultivate a robust circular economy, individuals can easily establish their own Bitcoin community banks. The platform capitalizes on existing infrastructure to offer contemporary financial services to anyone with a mobile device and internet connectivity. This is the reason we develop tools that empower various organizations to implement their own Bitcoin-focused banking systems, regardless of their scale or nature. The application streamlines transactions by allowing payments via Bitcoin addresses, Lightning invoices, or distinct usernames, while maintaining a transaction log that monitors users' payment histories. Furthermore, a mobile-optimized map highlights local businesses that accept Lightning payments, enriching the user experience for both consumers and merchants. By merging technological advancements with community requirements, Galoy is ushering in a transformative wave in the realm of digital finance, fostering inclusive economic participation for all.

Media

Media

Integrations Supported

Bitcoin
Lightning Network
Dotswap
Hemi
Telegram

Integrations Supported

Bitcoin
Lightning Network
Dotswap
Hemi
Telegram

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wallet of Satoshi

Company Website

www.walletofsatoshi.com

Company Facts

Organization Name

Galoy

Date Founded

2019

Company Location

United States

Company Website

galoy.io

Categories and Features

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

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