- LQwD currently has three public nodes on the Lightning Network – US-West, Singapore, and Frankfurt
- LQwD’s first launched node, US-West has already experienced positive growth
- The company plans to release more international nodes in the future, facilitating its goal of being a prominent payment processor worldwide
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a fintech company focused on creating enterprise-grade infrastructure to drive bitcoin adoption and the development of payment platform-as-a-service (“PaaS”) for the Bitcoin Lightning Network, has announced that it has deployed additional routing nodes in Germany and Singapore. The establishment of these nodes into these international financial hubs translates to providing a gateway to processing payments in the European and Asian markets – faster and with fewer fees. (https://ccw.fm/prscU). These nodes represent the first of many international nodes that LQwD plans to deploy, secured by company-owned Bitcoin.
Watch LQwD CEO & CTO Explain Lightning Network Node Strategy
The Lightning Network is a layer-two technology that solves the problem of mass scaling Bitcoin for microtransactions across the globe. The network enables millions of transactions per…
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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