LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, is leveraging the LN’s technological advantage to drive bitcoin adoption and facilitate transactions worldwide. “The blockchain infrastructure cannot facilitate fast transaction speeds on its own. Currently, the infrastructure can only accommodate seven transactions per second (‘TPS’). Other cryptocurrencies offer a TPS ranging from 20 to 4,000, with major network Visa handling up to 24,000 TPS. As a layer 2 protocol, the Lightning Network can speed up transaction times, offering over one million TPS. LQwD is leveraging this technological advantage to drive bitcoin adoption and facilitate transactions worldwide,” a recent article reads. “In its mission to accelerate bitcoin adoption, LQwD, through its subsidiary Coincurve.com, joined Visa’s Fintech Fast Track Program. According to Shone Anstey, LQwD CEO, ‘Our direct relationship with Visa now gives LQwD the advantage of accessing their growing partner network, as well as experts in the payments space. It’s a big benefit.’”
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About LQwD FinTech Corp.
LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling bitcoin. LQwD also holds and acquires bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.
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