LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), is leveraging the LN in pursuit of expanding the capabilities of Bitcoin. “Several countries worldwide have used the LN to their advantage, opening up payment opportunities that would not have existed otherwise. Last year, El Salvador adopted Bitcoin as a legal tender, using the LN’s capabilities to process millions of transactions to facilitate the purchase of everyday goods… Other countries are making Bitcoin payment more accessible, adding payment options in the cryptocurrency to everyday transactions,” a recent article reads. “As a public company, LQwD aims to leverage its position within the industry to enhance the micropayment experience. The company intends to build a strong brand and capture valuable ‘land’ in the highly sought-after digital payments realm. The current plan of execution includes the acquisition of nodes and channels, leveraging the LN, increasing transaction volumes and brand awareness as it continues to expand and utilize its own Bitcoin assets.”
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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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