NetworkNewsBreaks – LQwD FinTech Corp.’s (TSX.
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Posted On: 04/08/2022 3:42:23 PM
NetworkNewsBreaks – LQwD FinTech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Platform Facilitating Instant, Secure, Inexpensive Payments
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, introduced its platform-as-a-service (“PaaS”) in November 2021. The platform offers users the ability to make payments instantly, securely and inexpensively while leveraging the Lightning Network. “Since that time, LQwD has also invested in the Lightning Network, with nine active public nodes. The active nodes include France, England, Singapore, Sweden, Italy, Indonesia, Germany, Ireland, and the U.S. Collectively, the public nodes have a value of 10.21604901 BTC ($429,153.33) and 183 active channels,” a recent article reads. This comes amid growth predictions by the research division for Arcane Crypto that by 2030, the number of Lightning Network users could cross the threshold of 700 million worldwide. “The foundation of their research is the consistent growth of the network since 2020, with a wallet payment volume that increased by approximately 20% month-over-month during 2021. They also believe that remittance, gaming and streaming use cases will help realize these numbers in the future.”
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 (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, introduced its platform-as-a-service (“PaaS”) in November 2021. The platform offers users the ability to make payments instantly, securely and inexpensively while leveraging the Lightning Network. “Since that time, LQwD has also invested in the Lightning Network, with nine active public nodes. The active nodes include France, England, Singapore, Sweden, Italy, Indonesia, Germany, Ireland, and the U.S. Collectively, the public nodes have a value of 10.21604901 BTC ($429,153.33) and 183 active channels,” a recent article reads. This comes amid growth predictions by the research division for Arcane Crypto that by 2030, the number of Lightning Network users could cross the threshold of 700 million worldwide. “The foundation of their research is the consistent growth of the network since 2020, with a wallet payment volume that increased by approximately 20% month-over-month during 2021. They also believe that remittance, gaming and streaming use cases will help realize these numbers in the future.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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