- The Lightning Network continues to grow despite the current situation within the Bitcoin market – registering a high capacity of 3,915.34 BTC
- LQwD has released two more nodes on the Lightning Network, creating a network reach that includes Canada, South Korea, US, Ireland, India, Germany, Singapore, Sweden, Indonesia, Italy, France, and England
- The company has appointed Peter Loretto to the board to replace Dean Sutton
- LQwD is a part of Visa’s Fintech Fast Track program, leveraging Visa’s services for global reach and capabilities
- The cryptocurrency market was valued at US $1.6 billion in 2021 and is expected to grow to US $2.2 billion by 2026
Despite the recent struggles of the cryptocurrency market, the Lightning Network has continued to make advances, hitting a capacity high of 3,915.34 BTC, even though the Bitcoin sector has declined to lows below US $32,000. One company making strides on the Lightning Network is LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption. The company released its platform as a service (“PaaS”) offering for the Lightning Network in November 2021 – https://lqwd.tech.
LQwD recently released two more nodes on the Lightning Network in Canada and South Korea. In addition to the newest nodes, the company also has active nodes in the U.S., Ireland, India, Germany…
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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