(MENAFN- Investor Brand Network)
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is leveraging the Lightning Network to improve transaction times and lower fees as part of its mission to drive bitcoin adoption. This comes as Bitcoin continues to gain more acceptance around the world, with stories from countries that would not normally be considered a“hotbed” for cryptocurrencies showing that areas with lower levels of Bitcoin popularity can prosper through its use.“LQwD launched its Lightning Network platform-as-a-service ('PaaS') protocol in November 2021, at the same time as its first node on the network, US-West. Since then, the company launched nine additional nodes for a total of 10 that are currently active on the Lightning Network: France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, the U.S., and, most recently, India. Altogether, LQwD already has a capacity of over 10 BTC and is growing consistently,” a recent article reads.“Since the launch of its PaaS system – – the company has focused on scaling the Lightning Network and making Bitcoin transactions possible on a global level with lower fees and faster settlement times.”
To view the full article, visit
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 .
NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company's newsroom at
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime . As a multifaceted organization with an extensive team of contributing journalists and writers, CCW 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. By cutting through the overload of information in today's market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text“CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)
CryptoCurrency News Wire is where News, content and information converge via Crypto.
For more information, please visit
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published:
CryptoCurrencyWire (CCW)
New York, New York
212.994.9818 Office
CryptoCurrencyWire is part of the InvestorBrandNetwork
MENAFN03062022000224011066ID1104322080
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.