NetworkNewsBreaks – LQwD Fintech Corp. (TSXV: LQ
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LQwD Fintech (TSXV: LQWD) (OTC: LQWDF) cofounder, chair and CEO Shone Anstey is featured in a recent CryptoNewsAudio podcast. The podcast is part InvestorBrandNetwork’s (“IBN”) efforts to provide specialized content via widespread syndication channels. Hosted by IBN director of communications Jonathan Keim, the audio production features Anstey, who talks in length about LQwD Fintech, a financial technology company focused on creating enterprise-grade infrastructure to drive Bitcoin adoption. During the interview, Anstey shares expertise and background in tech and crypto stretching back more than two decades, which included the founding of a previous company called Blockchain Intelligence Group. He also provided an overview of the Lightning Network and explained how the process could revolutionize Bitcoin transactions and the entirety of the crypto space. “The Lightning Network is a solution to scaling Bitcoin,” said LQwD Fintech cofounder, chair and CEO Shone Anstey in the interview. “Bitcoin, which is the anchor cryptocurrency for the entire crypto market . . . is backed by millions of computers doing Bitcoin mining, which helps secure the network and make it really safe with an immutable ledger. But it can only handle so many transactions with its current technology, about seven transactions a second. The Lightning Network steps in there and scales it to the next level. . . . The Lightning Network is a mesh-style network, very similar to how the internet functions. It’s made up of a series of nodes — computers and servers — and on those nodes you run open-source Lightning Network software. . . . This whole mesh network happens around the world. There are now 60,000 nodes and all kinds of payment channels that have been growing very, very quickly over the last number of years. This year alone it has increased by about 182% since January.”
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