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LQwD Announces Strategic Agreement with Leading Lightning Network Service Provider and Additional Acquisition of Bitcoins
LQwD Announces Strategic Agreement with Leading Lightning Network Service Provider and Ad...
About this update from Lqwd Technologies Corp
[{"type":"text","content":"\n \n \n \n LQwD Announces Strategic Agreement with Leading Lightning Network Service Provider and Additional Acquisition of Bitcoins\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 10, 2021\n \n /CNW/ - LQwD Fintech Corp. (TSXV:\n \n LQWD\n \n ) (OTC: LQWDF), a Bitcoin Lightning Network focused company developing institution grade payment infrastructure and solutions, announces that it has entered into an agreement with Israeli-based Breez Development Ltd. (\"Breez\"), a leading Lightning Network service provider.\n \n \n Under the agreement, LQwD intends to offer Lightning Network liquidity services to Breez clients and provide on-demand Lightning Network channels whenever required. In addition, LQwD will run one or more Breez-modified Lightning Network routing nodes. Upon LQwD completing its services, Breez will add LQwD as a liquidity partner within Breez's service.\n \n \n \"We are excited to work with Breez and become a liquidity partner within the Breez App. This development is another step forward for LQwD's mandate of positioning the Company as the most prominent institutional grade Lightning Network service provider.\" Commented Shone Anstey, CEO of LQwD Fintech Corp. \"In addition, we will continue to acquire Bitcoin as an operating and strategic asset enabling the Company to establish nodes and payment channels on the rapidly growing Lightning Network as well as benefit from potential capital appreciation.\"\n \n \n The\n \n Breez mobile app\n \n is a Lightning Network interface where users can buy, sell, and pay for goods, services, and streaming content with a non-custodial, seamless, and open platform. It is an intuitive point-of-sale app for merchants that applies the most sophisticated technology in the Bitcoin and Lightning Network spaces as it combines a full-service LSP, an intuitive point-of-sale app for merchants, and a seamless, non-custodial end-user app.\n \n \n The Company has also increased its Bitcoin holdings by acquiring a further number of Bitcoins since its previou...