#Liquid is a sidechain (auxiliary #blockchain ) for the issuance and #exchange of digital assets of the Bitcoin network, developed by #Blockstream .

The Liquid network is focused on cryptocurrency exchanges, market makers and payment providers, with more than 20 cryptoindustry companies among its partners, including Bitfinex, BitMEX and Xapo. Sidechain participants can tokenize any assets (fiat, securities, altcoins) and conduct fast, cheap and confidential transactions between each other. The L-BTC network token, backed by #bitcoins at a 1:1 ratio, is used as the internal currency.

To work with Liquid, Blockstream has introduced the Green mobile bitcoin wallet, which supports the L-BTC token and has a custom asset creation feature. Liquid has also already added Lightning Network payments and atomic swaps between issued tokens.