Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. LQwD FinTech Corp. (LQWDF) Message Board

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

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 127
(Total Views: 179)
Posted On: 09/09/2022 4:03:22 PM
Avatar
Posted By: NetworkNewsWire
LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages Over 30 BTC Capacity and 300 Channels Across 17 Countries on Lightning Network

- The Lightning Network offers consumers increased transaction speeds, worldwide access, and lower fees when sending micropayments across its nodes
- LQwD is leveraging the Lightning Network using its own Bitcoin assets to provide solutions for consumers; company plans to expand reach to 24 countries worldwide by the end of the current quarter
- The need for transparency in the financial industry is fueling the growth of the cryptocurrency market, with an anticipated value of US $4.94 billion by 2030

The concept of The Lightning Network was brought to the general public in 2015 when Bitcoin developers Joseph Poon and Thaddeus Dryja published an article about bringing “scalable off-chain payment” to the public. Since then, the layer 2 payment protocol atop the Bitcoin blockchain has grown, providing higher scalability for sending and receiving payments across channels worldwide. With more countries accepting cryptocurrency payments, there is an increased interest coming from community banks and countries seeking to find viable solutions to their banking problems – giving the masses access to payment solutions, faster transaction times, and enhanced security on a global level.

Leveraging its own Bitcoin assets, LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, has expanded its reach, providing Lightning Network nodes across 17 countries and a goal of increasing its presence to 24 countries by the end of the current quarter.

LQwD’s first Lightning Network node was released in the US in November 2021 and has since grown to a capacity of over 6 BTC and over 100 channels. In addition to US-West, the company also has nodes in Ireland, India, Germany, Brazil, Hong Kong, Japan, Singapore, Sweden, South Korea, South Africa, Bahrain, France, Canada, Indonesia, Italy, Australia and England. Collectively, these nodes offer users a capacity of over 30 BTC and access to over 300 payment channels. To follow LQwD’s presence on the Lightning Network, visit www.1ML.com.

The company also released the first version of its proprietary technology platform-as-a-service (“PaaS”) in November 2021, allowing for easier management of Lightning Network nodes and offering itself as a Liquidity Service Provider (“LSP”) for merchants.

Transactions on the Lightning Network offer solutions for users and merchants that exceed the limits in place by other providers. In terms of transactions per second (“TPS”), Bitcoin’s blockchain only offers a capacity of 7 TPS, whereas leading providers like Visa offer 24k TPS. The Lightning Network increases the capabilities for sending and receiving payments exponentially, bypassing leading financial institutions with more than a million TPS.

The need for operational efficiency and transparency across payment systems, the rise in demand for remittances in developing countries, increased data security demands, and improved market cap are some of the main factors driving the global cryptocurrency market’s growth, according to Allied Market Research. The market was valued at US $1.49 billion in 2020 and is expected to reach US $4.94 billion by 2030, growing at a CAGR of 12.8% during the forecast period (https://nnw.fm/uaN9F ).

With countries looking to make payment solutions easier for consumers, the Lightning Network offers a solution that traditional banks cannot – ease of payment, quicker transaction times, and higher levels of security for each transaction. As more community banks pop up in regions to facilitate the financial needs of consumers, the incorporation of the Lightning Network brings new opportunities for facilitating payments where no structure was available before.

LQwD is at the forefront of making micropayment transactions quick and affordable for consumers by leveraging its Bitcoin assets to create the channels necessary to facilitate growth across the Lightning Network.

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




(0)
(0)




LQwD FinTech Corp. (LQWDF) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us