NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: L
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LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LW”), is working toward its goals by adding more nodes on the LW. “The company has increased its total number of nodes on the LW to 17. The company recently added new nodes in Canada, South Korea, Brazil, Hong Kong, South Africa, Bahrain, and Japan. These new ones join previously launched nodes in the U.S., Ireland, India, Germany, Singapore, Sweden, Indonesia, Italy, France, and England,” a recent article reads. “Because Bitcoin blockchain transactions are notoriously slow and expensive, the Lightning Network changes the dynamic, offering an almost instantaneous settlement of transactions and almost non-existent fees… The reputation of Bitcoin is slowly changing thanks to the LW, shifting it from an exclusive store of value into a medium of exchange… The Lightning Network is unlocking the potential and next stage of growth for Bitcoin by allowing for day-to-day transactions instead of using it as a store of value on the internet.”
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