LQWDF) PaaS that enables faster transactions, lower fees, higher security levels

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing payment infrastructure, liquidity and institutional grade solutions for the Lightning Network (“LN”), is focused on increasing the scalability of Bitcoin and transactions by use LN. “The Federal Reserve Bank of Cleveland Working Paper Series issued Working Paper 22-19 in June 2022 entitled ‘The Lightning Network: Turning Bitcoin into Money.’ FED assumes early on that LN has reduced Bitcoin blockchain congestion and resulted in lower mining fees… The introduction of LN has reduced the time it takes for payment processing to produce near-instant results. The general consensus is that the network can help Bitcoin achieve greater scalability as a payment system and says: ‘According to our results, if LN had existed in 2017, congestion could have been 93% lower,'” says a recent article . “In November 2021, LQwD launched its Platform-as-a-Service (‘PaaS’) offering, which acts as a platform for node hosting and channel management on LN, and acts as a Liquidity Service Provider (‘LSP’) for merchants. LQwDs nodes are distributed globally to allow for maximum scalability and growth. Through LQwD’s PaaS, users have access to a network of LN nodes that allow for faster transactions, lower fees and higher levels of security.”

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About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions that accelerate the global megatrend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility, and scaling of Bitcoin. LQwD also owns and buys Bitcoin as a means of operation, and establishes nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.

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