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LQwD FinTech Corp. Launches Key Lightning Network Routing Nodes into International Financial Centers
LQwD FinTech Corp. Launches Key Lightning Network Routing Nodes into International Financ...
About this update from Lqwd Technologies Corp
[{"type":"text","content":"\n \n \n \n LQwD FinTech Corp. Launches Key Lightning Network Routing Nodes into International Financial Centers\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 Feb. 7, 2022\n \n \n /CNW/ - LQwD FinTech Corp. (TSXV:\n \n LQWD)\n \n (OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin\n \n Lightning Network\n \n (LN), announces deployment of routing nodes in\n \n Germany\n \n and\n \n Singapore\n \n .\n \n \n Establishing these nodes into these important financial hubs provides a gateway into the European and Asian payments processing frontier.\n \n \n The German and Singaporean routing nodes, secured by the Company-owned Bitcoin, represent the first of numerous international nodes that the Company plans to deploy in coming months.\n \n \n Deploying nodes enables LQwD to collect transaction, routing and processing fees, as well as secure a strong foothold on the LN network, positioning the Company to participate in the significant global adoption now gathering momentum on the network.\n \n \n Since the launch of the LQwD's first routing node, US-West, in\n \n November 2021\n \n , the node has experienced week-over-week growth with over 80 nodes now connected, establishing 84 new payment channels, and the Company has collected transaction fees from the 5 Bitcoin that has been routed through these channels. To follow LQwD's node and channel growth visit\n \n http://www.1ml.com\n \n .\n \n \n LQwD is confident that establishing international routing nodes into key countries such as\n \n Germany\n \n and\n \n Singapore\n \n show capability and proof of concept, paving the way for LQwD to become a prominent Lightning Network liquidity and global payment processer.\n \n \n \n About the Lightning Network\n \n \n \n The\n \n Lightning Network\n \n is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees cur...