LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Announces Change in Senior Management as the Company Forwards over 100 BTC on Lightning Network

Jul 26, 2022

  • LQwD has 17 active nodes worldwide on the Lightning Network
  • Current nodes include Italy, Indonesia, Canada, France, Japan, England, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, Ireland, and the United States
  • US-West holds the highest capacity at 5.970784520 BTC and a channel count of 115, followed by France, with a capacity of 2.62276941 BTC and 57 channels
  • The cryptocurrency market size was valued at US $1.6 billion in 2021. It is expected to reach US $2.2 billion by 2026, growing at a CAGR of 7.1% over the forecast period

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive bitcoin adoption, has announced the appointment of Aziz Pulatov as Chief Technology Officer, replacing Albert Szmigielski, who has resigned from the position but will remain as a strategic advisor to the company. Mr. Pulatov has extensive experience in the industry as a senior software architect and Bitcoin expert. He is a senior DevOps engineer and Amazon Web Services-certified SysOps Administrator. The company expressed gratitude to Mr. Szmigielski for his many contributions and looks forward to what he will bring in his new adversarial role for the company (https://ccw.fm/0lHtB).

LQwD has launched 17 active nodes on the Bitcoin Lightning Network spanning multiple countries to facilitate faster transactions with lower fees. The first node (US-West) was launched in November 2021, around the same time the company launched its platform-as-a-service (“PaaS”) offering…

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