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LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Expands Lightning Network Reach with 17 International Nodes Routing Over 72 BTC and 36,000 Transactions

  • LQwD currently has Lightning Network nodes in several countries, including Canada, France, Italy, Indonesia, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland, Hong Kong, and the United States
  • Arcane Research reported that since its launch three years ago, the Lightning Network has grown to a capacity of almost 3,000 BTC with over 17,000 international nodes and 73,700 unique payment channels
  • LQwD’s proprietary platform as a service offering also serves as a Liquidity Service Provider for merchants and incorporates an easy-to-use API
  • The company hopes to expand to 24 international nodes by the end of the next quarter

Focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) recently announced that the company has launched 17 nodes internationally on the Lightning Network, positioning itself to secure future routing fees in the rapidly expanding global payments network. LQwD’s international node selection now includes Canada, France, Italy, Indonesia, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland, Hong Kong, and the U.S. (https://ibn.fm/xZlep).

LQwD launched its first node in November 2021, US-West, and since that time, it has amassed a capacity of 5.78671656 BTC (US $118,805.11). The current channel count for US-West is 107, with…

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NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ccw.fm/LQWDF

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