LQWD Technologies Blazes Trail in Bitcoin Lightning Network with Robust Infrastructure

LQWD Technologies Corp. (TSXV: LQWD), a Bitcoin Lightning Network transaction infrastructure provider, has achieved significant growth in its routing operations. The company's April 2024 transaction volume climbed to 64,678, with total volume exceeding 500,000 since its inception. LQWD's strategic partnerships with AMBOSS Technologies and the BREEZ wallet, coupled with its AI-driven channel rebalancing system, have contributed to this growth. Additionally, LQWD holds 115 Bitcoin as a core asset and is expanding its global network with over 1,000 channels established.

LQWD Technologies: A Trailblazing Force in the Bitcoin Lightning Network Ecosystem

Vancouver, BC, May 1, 2024 - LQWD Technologies Corp., (TSXV:LQWD)(OTC:LQWDF), a vanguard in the Bitcoin Lightning Network (LN), has established a robust infrastructure that enables efficient liquidity and transaction routing. With a strategic reserve of 115 Bitcoin, LQWD possesses a solid financial foundation and a competitive edge in the burgeoning LN landscape.

A Blueprint for Scalable Revenue Generation

LQWD has pioneered a groundbreaking revenue model for the Lightning Network, leveraging routing fees from transactions processed through its infrastructure. These fees, currently modest, are poised to surge as LN adoption accelerates. LQWD's unwavering belief in the network's future potential drives its relentless pursuit of market share expansion.

Exponential Transaction Volume Growth

April 2024 witnessed an impressive surge in routing transactions, reaching 64,678, eclipsing the previous record set in March 2024. Since its inception in November 2021, LQWD's infrastructure has facilitated the routing of over 569 Bitcoin, amounting to a staggering 500,000 transactions.

AI-Driven Innovation and Strategic Partnerships

LQWD's organic volume growth is largely attributable to its cutting-edge AI-driven channel rebalancing system, implemented in September 2023. The company has also forged strategic alliances with industry heavyweights AMBOSS Technologies and BREEZ, integrating LQWD's infrastructure to enhance liquidity and routing capabilities.

A Global Infrastructure Network

LQWD's global infrastructure network boasts over 1000 established channels, with Canada emerging as the top performing node. France, Sweden, Italy, Singapore, and Japan follow closely behind, demonstrating the company's extensive global reach.

The Lightning Network: Revolutionizing the Financial Landscape

The Bitcoin Lightning Network is transforming the internet's payment and transaction fabric. By harnessing the unparalleled security of Bitcoin's blockchain, LN enables instant peer-to-peer transactions at unmatched speeds. LN's remarkable growth over the past two years has been fueled by the likes of MicroStrategy, which has played a pivotal role in driving adoption and developing enterprise-grade tools for businesses.

Stable Coin Integration and Exchange Adoption

LN's recent integration of stable coin transaction capability has significantly expanded its user base. Major cryptocurrency exchanges worldwide are embracing LN, recognizing its superior speed and cost-effectiveness compared to traditional payment rails such as Visa and Mastercard.

About LQWD Technologies

LQWD Technologies, a Canadian-based enterprise, has forged a scalable revenue model that offers transaction infrastructure and liquidity for the Bitcoin Lightning Network. With a solid financial position, no debt, and approximately 13.2 million shares outstanding, LQWD is well-positioned for sustained growth.

For Media and Investor Inquiries:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwd.money
Website: www.lqwdtech.com
Twitter: @LQWDTech

Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of applicable securities laws. While LQWD believes that the expectations reflected in this forward-looking information are reasonable, investors should exercise caution as actual results and developments may differ materially from those anticipated. The statements in this press release are made as of the date of release, and LQWD assumes no obligation to update or revise them to reflect new events or circumstances, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.