LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), has been scaling its capacity on the LN to drive awareness and growth. “The company’s flagship platform-as-a-service (‘PaaS’) offering, https://lqwd.tech/, was released in November 2021 in addition to the first company node on the Lightning Network – US-West. As the company’s longest operating node, the US-West node’s capacity is the highest – 5.73377252 BTC, which translates to 573,377,252 Satoshi/ US$121,051.86. Currently, 104 channels and 103 connected nodes are active on the network to the company’s Lightning Network node. Over the last 30 days, the US-West node has experienced growth overall, an increase of .250353 BTC (+4.57%) with an average channel capacity on the node of .055 BTC (US$1,162.01),” a recent article reads. “Including the US-West, the current node count operated by LQwD on the Lightning Network is 17. These nodes facilitate transactions in destinations worldwide, including Japan, England, Canada, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, and Ireland.”
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About LQwD FinTech Corp.
LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. 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 and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.
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