NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: L
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Posted On: 05/20/2022 3:40:04 PM
NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Continues Push Toward Strong Lightning Network Presence
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, recently launched an additional node in India. LQwD also reported that all ten of its operational Lightning Network nodes had completed over 10,000 transactions forwarded. “The current nodes and channels offered by LQwD include India, France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, and the U.S. The company has used its own reserve of Bitcoin assets to facilitate a presence on the Lightning Network,” reads a recent article. “We are experiencing excellent transaction growth since launching our first nodes in November 2021. The launch of our Indian routing node is yet another step in securing a strong presence on Bitcoin’s Lightning Network,” said LQwD CEO Shone Anstey. “The more transactions routed through the company’s node network, the better, as each transaction represents a routing fee paid to LQwD. This volume is validation that our Lightning Network presence is building momentum and benefiting from Lightning Network’s exponential growth in adoption.”
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, recently launched an additional node in India. LQwD also reported that all ten of its operational Lightning Network nodes had completed over 10,000 transactions forwarded. “The current nodes and channels offered by LQwD include India, France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, and the U.S. The company has used its own reserve of Bitcoin assets to facilitate a presence on the Lightning Network,” reads a recent article. “We are experiencing excellent transaction growth since launching our first nodes in November 2021. The launch of our Indian routing node is yet another step in securing a strong presence on Bitcoin’s Lightning Network,” said LQwD CEO Shone Anstey. “The more transactions routed through the company’s node network, the better, as each transaction represents a routing fee paid to LQwD. This volume is validation that our Lightning Network presence is building momentum and benefiting from Lightning Network’s exponential growth in adoption.”
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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