LQwD Fintech (TSX.V: LQWD) (OTCQB: LQWDF), a Lightning Network-focused company, has entered a strategic partnership with BIGG Digital Assets Inc. (CSE: BIGG) (OTCQX: BBKCF) (WKN: A2PS9W), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group, a leading developer of blockchain technology search, risk-scoring and data analytics solutions. According to the partnership agreement, LQwD Fintech selected BIGG Digital Assets as its preferred liquidity partner and compliance software provider while agreeing to provide BIGG with Bitcoin Lightning Network capability. Netcoins is a restricted crypto dealer in Canada and will serve as LQwD’s preferred liquidity provider while BIGG’s Blockchain Intelligence Group will provide LQwD with institutional and government-grade compliance software. In addition, Netcoins is planning to establish a node on the Bitcoin Lightning Network via LQwD’s proprietary Lightning PaaS (Platform as a Service) software. “We are grateful to have a strong relationship with Netcoins and Blockchain Intelligence Group as we expand our footprint in the rapidly emerging Bitcoin Lightning Network,” said LQwD Fintech chair and CEO Shone Anstey in the press release. “LQwD can now leverage BitRank(R) and QLUE(TM) for our AML needs and route crypto purchases for our Coincurve.com and additional platforms through Netcoins, Canada’s first publicly traded, licensed crypto trading platform. It also allows Netcoins to have an early mover advantage in the Canadian markets for handling instant deposits and withdrawals of Bitcoin via the Bitcoin Lightning Network.”
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About LQwD Fintech Corp.
LQwD is a Lightning Network-focused company developing payment infrastructure and solutions. 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 Bitcoin as an operating asset establishing nodes and payment channels across the Lightning Network. For more information, please visit www.LQwDFintech.com.
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