- LQwD’s proprietary, multi-pronged Lightning Network platform provides easier access to a decentralized network and payment solution
- The platform makes it possible for users to create and manage Lightning Network nodes easily; make transactions securely, privately, and almost instantaneous; create channels on the Network with effective routing; request and manage liquidity more efficiently
- Bitcoin experts have predicted that the price of the cryptocurrency will continue to climb through 2021, potentially hitting highs around USD$80,000 before surging to USD$250,000 by 2025 and a goal of USD$5 million per Bitcoin by 2030
- The Lightning Network is a second-layer protocol sitting above the Bitcoin blockchain and will advance Bitcoin from a store-of-value to a global monetary network through payment utility. LQwD expects the Network to increase the growing number of active blockchain wallets by increasing Bitcoin scalability, transaction speeds and lowering fees
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company with a mission of developing institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption, and the utility and scalability of Bitcoin, has announced the launch of its proprietary multi-pronged, Lightning Network Software as a Service (SaaS) – LQwD.tech. The platform provides easier access to a decentralized network and payment solution. This SaaS will allow B2B markets, investors, and others to gain broader access, more efficient liquidity, and seamless usage of the global payments infrastructure. The platform creates the potential for multiple nodes across channels, with the potential to lower transaction fees and a more user-friendly option (https://ccw.fm/7epJg).
“The Lightning Network is an extremely dynamic new global monetary network that’s growing exponentially, and we’re excited and fortunate to be a solutions provider in the space,” Albert Szmigielski, LQwD’s Chief Technology Officer, said. Szmigielski explained that developing countries such as El Salvador are…
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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