LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Committed to Facilitating BTC Transactions Worldwide via Lightning Network
Oct 17, 2022
- LQwD is focused on creating enterprise-grade infrastructure to drive bitcoin adoption and, develop institutional-grad services supporting the Lightning Network functionality, transaction capabilities, and bring BTC to scale
- LQwD Lightning Network nodes include Canada, France, Japan, England, Japan-Osaka, Australia, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and US-West
- Currently servicing 17 countries, LQwD plans to increase reach to 24 worldwide by the end of the current quarter
- The global blockchain market was valued at US $4.67 billion in 2021 and is projected to reach US $7.18 billion in 2022, and then US $163.83 billion by 2029
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption and develop institutional-grade services that support the Lightning Network’s functionality, transaction capabilities, user adoption and utility, and scale bitcoin. The company’s platform-as-a-solution (“PaaS”), lqwd.tech enables Lightning Network node hosting and channel management and serves as a Liquidity Service Provider (“LSP”) for merchants – allowing for blockchain transactions worldwide.
Blockchain was introduced in 2008 and is a digitally distributed, decentralized, public ledger most notably used with cryptocurrencies – but the technology does not facilitate the transaction times necessary to bring it to scale. The Lightning Network, a layer 2 payment protocol atop the…
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