Launches Bitcoin Lightning Network Platform LQwD Software Enables Institutions, Businesses & Investors Easy Access to the World's Fastest Growing Global Payments Network
VANCOUVER, BC, Nov. 17, 2021 /CNW/ - Lightning Network focused LQwD FinTech Corp. (TSXV: LQWD) (OTCQB: LQWDF), announces the launch of lqwd.tech, the Company's proprietary multi-pronged, Lightning Network software platform (SaaS). LQwD's Lightning Network platform provides easy access to a decentralized monetary network-of-the-future payment solution, allowing B2B markets, investors and others broader access, more efficient liquidity, and seamless usage of global payments' infrastructure.
With the launch of lqwd.tech, the Company will deploy a portion of its substantial Bitcoin holdings to secure additional nodes and provide liquidity to the platform, enabling the Company to earn transaction fees on this rapidly growing global payment rail.
"The Lightning Network is an extremely dynamic new global monetary network that's growing exponentially," stated Albert Szmigielski, Chief Technology Officer at LQwD, "and we're excited and fortunate to be a solutions provider in the space." He continued, "Developing countries such as El Salvador are using and seeing significant adoption, and one of the world's largest social media platforms – Twitter – is making global tipping on the Lightning Network mainstream, with its tipping feature called Tips. Needless to say, we're looking forward to becoming a major contributor to (and supporter of) Bitcoin's scaling layer – the Lightning Network."