NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: L
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Posted On: 09/12/2022 4:10:42 PM
NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) at Forefront to Implement Cryptocurrency as Viable Monetary Solution
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing enterprise-grade infrastructure to drive Bitcoin adoption, has operated on the Lightning Network (“LN”) since November 2021, amassing a capacity of over 30 BTC with more than 300 channels facilitating BTC transactions for micropayment users. “The Lightning Network has allowed users to complete payments using the layer 2 protocol quicker than traditional blockchain and even faster than some of the world’s leading institutions. Payments made using the LN offer faster settlement times, cheaper fees and higher levels of security than their centralized counterparts,” a recent article reads. “With the increased need for operational efficiency and transparency in financial payment systems, implementing cryptocurrency as a viable monetary solution appeals to developing and underdeveloped countries worldwide. LQwD is at the forefront of this movement, leveraging its Bitcoin assets to drive further adoption of the LN. With the assistance of its proprietary platform-as-a-service (‘PaaS’), users can send payments instantly, securely and inexpensively anywhere in the world.”
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 enterprise-grade infrastructure to drive Bitcoin adoption, has operated on the Lightning Network (“LN”) since November 2021, amassing a capacity of over 30 BTC with more than 300 channels facilitating BTC transactions for micropayment users. “The Lightning Network has allowed users to complete payments using the layer 2 protocol quicker than traditional blockchain and even faster than some of the world’s leading institutions. Payments made using the LN offer faster settlement times, cheaper fees and higher levels of security than their centralized counterparts,” a recent article reads. “With the increased need for operational efficiency and transparency in financial payment systems, implementing cryptocurrency as a viable monetary solution appeals to developing and underdeveloped countries worldwide. LQwD is at the forefront of this movement, leveraging its Bitcoin assets to drive further adoption of the LN. With the assistance of its proprietary platform-as-a-service (‘PaaS’), users can send payments instantly, securely and inexpensively anywhere in the world.”
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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