LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) CEO Reiterates Commitment to Simplifying Lightning Network Access and Use
Dec 6, 2021
- Since January, The Lightning Network has seen a growth rate of over 205%, according to company co-founder and CEO Shone Anstey
- Mid-November, LQwD took part in the Adopting Bitcoin – A Lightning Summit in El Salvador, a conference that brought together renowned industry experts in the Bitcoin and Lightning Network Community to discuss the future of money and payments in Central America and abroad
- LQwD announced that it spent a total of C$9.2 million (US$7.17 million) to purchase 150 Bitcoins, with an average cost of approximately C$61,000 (US$48,000) per Bitcoin. This purchase further strengthens the company’s strategic growth initiative
The Co-Founder, Chairman, and CEO of LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), Shone Anstey, was recently featured on the InvestorBrandNetwork’s The Bell2Bell Podcast to discuss his company’s business model and proven track record in the cryptocurrency industry (https://ibn.fm/GIwdY). LQwD is a financial technology company focused on the creation of an enterprise-grade infrastructure that drives Bitcoin adoption. As a Lightning Network service provider, LQwD recently released its proprietary Lightning Network Platform as a Service (“PaaS”) – lqwd.tech, which allows users to easily create a node and payment channel on the network.
“We abstract away all of the complications. You hit a button, and you can integrate the API into your system and get going on the Lightning Network very, very seamlessly,” Anstey explained. “That platform is live and running; Our routing nodes help transactions get where they need to…
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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