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LQwD Becomes First Third-Party Lighting Service Provider with Leading Lightning Network Wallet

LQwD Becomes First Third-Party Lighting Service Provider with Leading Lightning Network Wallet ...

articleLqwd Technologies CorpMarch 1, 20233/company/lqwd-fintech-corp/news/lqwd-becomes-first-third-party-lighting-service-provider-with-leading-lightning-network-wallet
LQwD Becomes First Third-Party Lighting Service Provider with Leading Lightning Network Wallet

About this update from Lqwd Technologies Corp

[{"type":"text","content":"\n \n \n \n LQwD Becomes First Third-Party Lighting Service Provider with Leading Lightning Network Wallet\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 \n VANCOUVER, BC\n \n \n ,\n \n \n March 1, 2023\n \n \n \n /CNW/ - Bitcoin\n \n Lightning Network Focused LQwD Fintech Corp. (TSXV:\n \n LQWD\n \n ), (OTC: LQWDF), is pleased to announce that it is the first third-party Lightning Network service provider (LSP) with a leading Lightning Network wallet, Breez Developments (Breez) in their new open-lightning service model.\n \n \n \"Becoming the first LSP connected with Breez and their Open-LSP Model positions LQwD to provide liquidity to a fast-growing wallet operator and potentially capture significant transaction volume, generate yield on our\n \n Bitcoin\n \n holdings, all while maintaining full sovereignty and full custody.\" commented Shone Anstey, LQwD's Chief Executive Officer.\n \n \n In this LSP model, LQwD will be connecting its global routing nodes to a well-connected Breez node on the Lightning Network, allowing for LQwD to get additional volume and connectivity.  LQwD nodes are backed by company owned\n \n Bitcoin\n \n and will now earn additional fees from Breez's incoming and outbound liquidity.\n \n \n Israeli-based Breez, is a well-established fast growing non-custodial Lightning Network wallet for users to buy, sell, and pay for goods, services, and streaming content with low-friction. Breez is building a non-custodial Lightning SDK to interface with existing, real-world apps and launching a hybrid architecture that will let users access their\n \n bitcoin\n \n on any device and in any participating app.\n \n \n To learn more about the Breez and LQwD LSP partnership, please visit\n \n here\n \n .\n \n \n \n About LQwD\n \n \n \n LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of\n \n Bitcoin\n \n adoption through the Lightning Network. The Company's mission is to develop institutional grade services that supp...

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