LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive Bitcoin adoption, recently established network computers (routing nodes) to deploy Bitcoin into payment channels on the company’s Lightning Network platform. “This milestone was the first stage of the Lightning Network platform becoming fully operational, as it provided infrastructure, solutions and liquidity to support the network’s development and fee earning potential,” reads a recent article discussing the strategic move. “LQwD’s Lightning Network is a layer-2 payment protocol built on top of the Bitcoin blockchain. It is composed of nodes running the proprietary software. These are then connected to other nodes through payment channels that allow the payment to find the recipient. For payments to go through, enough Bitcoin must exist in the payment channel. As a Lightning Network Services Provider (‘LSP’), LQwD stakes Bitcoin on routing nodes to ensure the functionality of the network where fees can be earned for forwarding the payments.”
To view the full article, visit https://nnw.fm/jVUP5
About LQwD Fintech Corp.
LQwD is a Lightning Network Service Provider (“LSP”) focused company developing payment infrastructure and solutions. The company’s mission is to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility, and scaling Bitcoin. LQwD also holds Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network. For more information, visit the company’s website at www.LQwDFintech.com.
NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://nnw.fm/LQWDF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
