LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Launches

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
213
LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Launches Indonesian Lightning Network Node; Sees Growth Across All Active Nodes

- Since launching the first node in late November 2021, LQwD has seen 127 nodes interconnected with more than 130 transaction channels, routing close to 10 Bitcoin through connected channels
- LQwD currently has four active nodes – US-West, Singapore, Germany, and Indonesia
- LQwD’s PaaS was launched November 17, 2021, creating a scalable approach to sending and receiving payments worldwide with lower fees and ease of access on the lqwd.tech platform
- The global cryptocurrency market was valued at USD$1.49 billion in 2020 and is expected to reach USD$4.94 billion by 2030

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), an emerging technology company developing payment infrastructure for the layer-two technology – the Lightning Network – has announced the development of a new routing node in Jakarta, Indonesia. The Indonesian node is the fourth routing node released by LQwD on the Lighting Network, joining US-West, Germany, and Singapore. Since launching the first node in late November 2021, LQwD has seen 127 nodes interconnected with more than 130 transaction channels, routing close to 10 Bitcoin through connected channels.

“With a population of more than 260 million and over $50 billion crypto assets reportedly traded, Indonesia is one of the world’s most valuable, untapped, emerging markets, with all the right dynamics for Lightning Network to excel,” LQwD CEO Shone Anstey said, commenting on the launch of the Jakarta node (https://nnw.fm/Q1JW0). “Recently, the Indonesia Commodity Futures Trading Supervisor Agency (CoFTRA) announced acceptance to trade in over 200 cryptocurrencies, which will help pave the way for Lightning Network to become one of Indonesia’s preferred platforms for micro-payments and other transactions.”

LQwD’s current Lightning Network statistics, as of March 2, 2022:

LQwD – US – West:
- Capacity: 5.15434564 BTC (USD$226,823.53)
- Channel Count: 90
- Connected Node Count: 88
- 30-Day Capacity Change: 0.417694 BTC (up 8.82%/USD$18,381.16)
- 30-Day Channel Count Change: 7 (up 8.43%)

LQwD – Singapore:
- Capacity: 0.91974242 BTC (USD$40,435.34)
- Channel Count: 23
- Connected Node Count: 22
- 7-Day Capacity Change: 0.090000 BTC (up 10.85%/USD$3,956.74)
- 7-Day Channel Count Change: 2 (up 9.52%)

LQwD – Germany:
- Capacity: 0.96500000 BTC (USD$42,358.07)
- Channel Count: 19
- Connected Node Count: 19
- 7-Day Capacity Change: 0.360000 BTC (up 59.50%/USD$15,801.97)
- 7-Day Channel Count Change: 4 (up 26.67%)

LQwD – Indonesia:
- Capacity: 0.07924242 BTC (USD$3,477.08)
- Channel Count: 2
- Connected Node Count: 2
- 7-Day Capacity Change: 0.005000 BTC (up 6.73%/USD$219.40)
- 7-Day Channel Count Change: 1 (up 100%)

To follow the Lightning Network and the LQwD channels, visit https://1ml.com/.

LQwD’s platform-as-a-service (“PaaS”) offering was launched November 17, 2021, and allows users to send payments instantly, securely, and with lower fees than traditional cryptocurrency payment methods. LQwD has created its PaaS to allow connected businesses to deploy, monitor, and manage nodes with no or low-level technical knowledge required. The company expects that the Lightning Network will force global change and become the monetary exchange of the future, amid a growing cryptocurrency market.

The global cryptocurrency market was valued at USD$1.49 billion in 2020 and is expected to grow at a CAGR of 12.8% from 2021 to 2030, being projected to reach USD$4.94 billion by 2030 (https://nnw.fm/Y0ClZ). The increased number of Bitcoin exchanges across Asia brings a healthy level of competition worldwide – driving the growth of the cryptocurrency market across multiple regions.

The Lightning Network has continually shown explosive growth – with nodes increasing 227% since April 2021, from 10,394 to over 34,000 established. Payment channels have seen a growth of 126%, rising from 38,000 to over 86,000 established since January 2021.

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

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


LQwD FinTech Corp. (LQWDF) Stock Research Links

LQWDF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Los Cabos Aims High: Luxury Tourism Plans for 2036

Updated Category News Views 55

Aiming for the Stars: Los Cabos' 2036 Tourism Vision When you talk about a place like Los Cabos, it's like watching someone polish a gem that's already gleaming. They've spent the past decade ramping up visitation, connectivity, and their tourism value, and now they're eyeing a bold new horizon. By 2036, they're not just hoping to lure in the good ol' luxury traveler. No,...

Continue Reading
Fannie Mae Q3 2026 Earnings Surpass Expectations

Updated Category News Views 35

An Upward Trend in Fannie Mae's Financials Hold onto your hats—Fannie Mae's swinging into action with hefty third-quarter numbers that'd make most firms drool. The latest figures, disclosed in their 10-Q filing, boast a net income of $4.2 billion for Q3 2026. You heard me right, billion! Now, to a market vet, these aren't digits to scoff at. And as the economy keeps...

Continue Reading
Blade and Bow Drops Rare 30-Year-Old Cask Strength Expression

Updated Category News Views 13

Turning Heads with a Rich Pour Forget watering down—Blade and Bow's latest masterpiece, the 30-Year-Old Cask Strength Kentucky Straight Bourbon Whiskey, is all about power. This new offering hasn't seen a drop of water since it left the barrel, clocking in at a punchy 164.2 proof. That's right, folks, they haven't pulled any punches this time. Heading into November,...

Continue Reading
Coffee Bean Brews Up Nostalgia with Tiramisu Treats

Updated Category News Views 105

Pouring Old Favorites: The Tiramisu Return When the aromas of coffee and nostalgia waft through the air, it's often a sign that The Coffee Bean & Tea Leaf® is brewing something special. This year, they've decided to double down on the holiday cheer by reintroducing their wildly popular Tiramisu beverage. This ain't just your run-of-the-mill coffee drink—it's a full-on...

Continue Reading
Ballard’s HPU Agile-H Poised to Transform Portable Energy

Updated Category News Views 55

Another Step Forward with Hydrogen Ballard's got another ace up its sleeve with the HPU Agile-H. Now here’s the kicker—everyone’s scrambling for cleaner, more portable energy solutions, and Ballard’s stepped up. Born from their acquisition of GeoPura, this lightweight hydrogen powerhouse is engineered for those spots rudely ignored by the grid. Place your bets on...

Continue Reading
Data Breach at Lumara Bio: Privacy Lawsuits Loom

Updated Category News Views 54

Another Day, Another Data Breach It seems like you can’t throw a stone without hitting a data breach these days—and this time, it’s Lumara Bio USA’s turn under the spotlight. The Princeton-based oncology therapeutics outfit, part of Germany’s ITM Isotope Technologies, spilled some beans it never meant to. We're talking some pretty sensitive stuff here, folks....

Continue Reading
Infection Control Market Set for Explosive Growth by 2031

Updated Category News Views 71

Untangling the Surge in Infection Control Demand Lately, it's like every healthcare joint worldwide is scrambling for better infection control. We're talking about a market poised to jump from a whopping USD 58.5 billion in 2026 to USD 80.2 billion by 2031—a tidy 37% uptick. That change, brewing at a 6.5% CAGR, speaks volumes about where the industry's heading. What's...

Continue Reading
Chesapeake Utilities Sets Stage for Q3 Earnings Review

Updated Category News Views 54

Cashing In on Chesapeake's Dynamic Playbook Come November 6, 2026, at the ungodly hour of 8:30 a.m. ET, Chesapeake Utilities Corporation (NYSE: CPK) is opening the curtains on their third-quarter financial exploits. Now, these conference calls can be a real chess match, revealing just how the company’s pieces are positioned in this energy game. Buckle up, because the...

Continue Reading
York Space Systems Faces Turbulence Amid Investor Lawsuit

Updated Category News Views 46

York's Shaky Strategy Under the Microscope How do you go from sky-high ambitions to a grinding halt in a matter of weeks? This ain’t your typical Wall Street plot twist—it involves York Space Systems, or NYSE:YSS. These guys promised dominance in the Space Development Agency’s Transport Layer program, only to have their shooting star come crashing down. And now,...

Continue Reading
Review Insurance Coverage After Major Life Changes

Updated Category News Views 79

Why Life Changes Demand an Insurance Review The nitty-gritty of life doesn't sit still—marriages, babies, job changes, and home deals or steals each bring their own clutter to the table. One thing's for sure: when your life shifts, your insurance ought to keep pace. Insurance Agent Nick Hogan drops the dime in the latest HelloNation article, laying it bare why...

Continue Reading

Top 5 Most Recently Viewed Articles

Westwood Holdings: Q4 and Year-End 2024 Financial Overview

Updated Category News Views 152

Westwood Holdings Group Reports Fourth Quarter and Full Year Results Westwood Holdings Group, Inc. (NYSE: WHG) recently delivered an impressive performance for the fourth quarter and the entirety of the recently concluded fiscal year. The results highlight the firm’s robust strategies and its emphasis on providing high-quality investment solutions for its clients....

Continue Reading
Anticipating Aris Mining's Earnings: What Investors Should Know

Updated Category News Views 156

Overview of Aris Mining's Earnings Release Aris Mining (AMEX: ARMN) is on the brink of reporting its quarterly earnings, creating a buzz among investors eager to learn about the company's performance. This earnings release is set to take place soon, and understanding the context can provide valuable insights. Analyst Projections Analysts are projecting that Aris Mining...

Continue Reading
Maybelline New York and WHO Foundation's Commitment to Mental Health

Updated Category News Views 182

Maybelline New York Partners with WHO Foundation for Mental Health In a meaningful collaboration aimed at improving mental health services worldwide, Maybelline New York has formed a partnership with the WHO Foundation. This initiative is part of the WHO Foundation's significant USD 50 million commitment to enhance mental well-being globally and is focused on advancing...

Continue Reading
FAT Brands Inc. Shows Growth Amidst Financial Challenges

Updated Category News Views 186

FAT Brands Inc. Achieves Strategic Growth Despite Challenges FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) recently showcased its financial results for the third quarter, highlighting promising developments amidst some financial hurdles. The conference call and webcast is set to take place today at 4:30 PM ET, where leadership will elaborate on the results....

Continue Reading
Top Supplement Trends in 2026: Plant-Based Protein Focus

Updated Category News Views 336

Emerging Supplement Trends for 2026 As we approach 2026, the supplement industry is poised for exciting changes that will reshape the market landscape. With a strong emphasis on health and wellness, industry leaders are predicting significant shifts, particularly around plant-based proteins and nootropic supplements. These insights stem from the recent report by Vitaquest...

Continue Reading