diff --git a/doc/release-notes.md b/doc/release-notes.md
--- a/doc/release-notes.md
+++ b/doc/release-notes.md
@@ -12,6 +12,8 @@
 
 - The `getchaintxstats` RPC now returns the additional key of
   `window_final_block_height`.
+- The `getnetworkinfo` and `getpeerinfo` commands now contain
+  a new `servicesnames` field with decoded network service flags.
 
 Updated settings
 ----------------
diff --git a/src/rpc/net.cpp b/src/rpc/net.cpp
--- a/src/rpc/net.cpp
+++ b/src/rpc/net.cpp
@@ -95,6 +95,12 @@
             "reported by the peer\n"
             "    \"services\":\"xxxxxxxxxxxxxxxx\",   (string) The services "
             "offered\n"
+            "    \"servicesnames\":[              (array) the services "
+            "offered, in human-readable form\n"
+            "        \"SERVICE_NAME\",         (string) the service name if "
+            "it is recognised\n"
+            "         ...\n"
+            "     ],\n"
             "    \"relaytxes\":true|false,    (boolean) Whether peer has asked "
             "us to relay transactions to it\n"
             "    \"lastsend\": ttt,           (numeric) The " +
@@ -195,6 +201,7 @@
             obj.pushKV("addrbind", stats.addrBind.ToString());
         }
         obj.pushKV("services", strprintf("%016x", stats.nServices));
+        obj.pushKV("servicesnames", GetServicesNames(stats.nServices));
         obj.pushKV("relaytxes", stats.fRelayTxes);
         obj.pushKV("lastsend", stats.nLastSend);
         obj.pushKV("lastrecv", stats.nLastRecv);
@@ -553,6 +560,12 @@
                   "protocol version\n"
                   "  \"localservices\": \"xxxxxxxxxxxxxxxx\", (string) the "
                   "services we offer to the network\n"
+                  "  \"localservicesnames\": [                (array) the "
+                  "services we offer to the network, in human-readable form\n"
+                  "      \"SERVICE_NAME\",                    (string) the "
+                  "service name\n"
+                  "       ...\n"
+                  "   ],\n"
                   "  \"localrelay\": true|false,              (bool) true if "
                   "transaction relay is requested from peers\n"
                   "  \"timeoffset\": xxxxx,                   (numeric) the "
@@ -611,8 +624,9 @@
     obj.pushKV("subversion", userAgent(config));
     obj.pushKV("protocolversion", PROTOCOL_VERSION);
     if (g_rpc_node->connman) {
-        obj.pushKV("localservices",
-                   strprintf("%016x", g_rpc_node->connman->GetLocalServices()));
+        ServiceFlags services = g_rpc_node->connman->GetLocalServices();
+        obj.pushKV("localservices", strprintf("%016x", services));
+        obj.pushKV("localservicesnames", GetServicesNames(services));
     }
     obj.pushKV("localrelay", g_relay_txes);
     obj.pushKV("timeoffset", GetTimeOffset());
diff --git a/src/rpc/util.h b/src/rpc/util.h
--- a/src/rpc/util.h
+++ b/src/rpc/util.h
@@ -7,6 +7,7 @@
 
 #include <node/transaction.h>
 #include <outputtype.h>
+#include <protocol.h>
 #include <rpc/protocol.h>
 #include <rpc/request.h>
 #include <script/script.h>
@@ -106,6 +107,12 @@
 EvalDescriptorStringOrObject(const UniValue &scanobject,
                              FlatSigningProvider &provider);
 
+/**
+ * Returns, given services flags, a list of humanly readable (known)
+ * network services.
+ */
+UniValue GetServicesNames(ServiceFlags services);
+
 struct RPCArg {
     enum class Type {
         OBJ,
diff --git a/src/rpc/util.cpp b/src/rpc/util.cpp
--- a/src/rpc/util.cpp
+++ b/src/rpc/util.cpp
@@ -777,3 +777,31 @@
     }
     return ret;
 }
+
+UniValue GetServicesNames(ServiceFlags services) {
+    UniValue servicesNames(UniValue::VARR);
+
+    if (services & NODE_NETWORK) {
+        servicesNames.push_back("NETWORK");
+    }
+    if (services & NODE_GETUTXO) {
+        servicesNames.push_back("GETUTXO");
+    }
+    if (services & NODE_BLOOM) {
+        servicesNames.push_back("BLOOM");
+    }
+    if (services & NODE_XTHIN) {
+        servicesNames.push_back("XTHIN");
+    }
+    if (services & NODE_BITCOIN_CASH) {
+        servicesNames.push_back("BITCOIN_CASH");
+    }
+    if (services & NODE_NETWORK_LIMITED) {
+        servicesNames.push_back("NETWORK_LIMITED");
+    }
+    if (services & NODE_AVALANCHE) {
+        servicesNames.push_back("AVALANCHE");
+    }
+
+    return servicesNames;
+}