NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: L
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Posted On: 08/01/2022 4:51:06 PM
NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Scaling Solutions, Targeting Accretive Growth
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is scaling solutions through the LN. “The company released its first node (US-West) in November 2021, alongside its platform-as-a-service (“PaaS”) offering, https://lqwd.tech. The current capacity of US-West is 6.06271656 BTC (606,271,656 sat/ US$118,154.83); it has over 100 active channels and connected nodes currently operational. Over the last 30 days, US-West has experienced an increase of 0.277324 BTC (+4.79%), an increase of six channels (+5.71%), and a median fee rate of 0.000003 sat. LQwD’s nodes currently operate across 17 countries, but the company’s goal is to expand to 24 by the end of the current quarter,” a recent article reads. “LQwD’s PaaS allows users to manage Lightning Network node hosting and channel management. It is also a liquidity service provider (‘LSP’) for merchants, utilizing globally distributed routing nodes through an easy-to-use API. The interface makes it easier for users to send and receive BTC across the Lightning Network, faster and at lower fees than traditional blockchain transactions. The company hopes to achieve accretive growth by targeting up-and-coming Lighting Network projects and LSPs.”
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 (“LN”), is scaling solutions through the LN. “The company released its first node (US-West) in November 2021, alongside its platform-as-a-service (“PaaS”) offering, https://lqwd.tech. The current capacity of US-West is 6.06271656 BTC (606,271,656 sat/ US$118,154.83); it has over 100 active channels and connected nodes currently operational. Over the last 30 days, US-West has experienced an increase of 0.277324 BTC (+4.79%), an increase of six channels (+5.71%), and a median fee rate of 0.000003 sat. LQwD’s nodes currently operate across 17 countries, but the company’s goal is to expand to 24 by the end of the current quarter,” a recent article reads. “LQwD’s PaaS allows users to manage Lightning Network node hosting and channel management. It is also a liquidity service provider (‘LSP’) for merchants, utilizing globally distributed routing nodes through an easy-to-use API. The interface makes it easier for users to send and receive BTC across the Lightning Network, faster and at lower fees than traditional blockchain transactions. The company hopes to achieve accretive growth by targeting up-and-coming Lighting Network projects and LSPs.”
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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