LQWD Technologies Blazes Trail as Leader in Lightning Network Infrastructure

LQWD Technologies Corp. (LQWD), a provider of liquidity and routing transaction infrastructure for the Bitcoin Lightning Network, reports continued growth in its operation. With a scalable revenue model, LQWD has seen a significant increase in routing transactions, totaling 64,678 in April 2024. The company's infrastructure has established over 1000 channels, with Canada being the top performing node. LQWD's strategic partnerships with VC-backed Bitcoin Lightning Network companies and the integration of AI-driven channel rebalancing have contributed to its organic volume growth.

LQWD Technologies Corp.: Pioneering Liquidity and Routing Infrastructure for the Lightning Network

Vancouver, BC - May 1, 2024 - LQWD Technologies Corp. (TSXV:LQWD)(OTC:LQWDF), a leading provider of liquidity and routing transaction infrastructure for the Bitcoin Lightning Network, is poised to capitalize on the exponential growth of this innovative technology. With its strategic investments and robust infrastructure, LQWD is well-positioned to capture a significant market share in the burgeoning Lightning Network ecosystem.

A Scalable Revenue Model for the Lightning Network

LQWD has developed and is successfully operating a highly scalable revenue model for the Lightning Network. The company receives routing fees for each transaction processed through its infrastructure, which are currently paid in Bitcoin (Satoshi). While these fees are nominal at present, LQWD anticipates significant growth in the future as the Lightning Network gains wider adoption.

The company's unwavering belief in the future potential of the Lightning Network drives its unwavering commitment to building market share and expanding its infrastructure network. The steady increase in routing transactions, with April 2024 recording a substantial growth to 64,678, reflects the growing demand for LQWD's services.

AI-Driven Channel Rebalancing and Strategic Partnerships

LQWD's organic volume growth is attributed to its innovative AI-driven channel rebalancing system, implemented in September 2023. This system optimizes liquidity distribution and routing efficiency, resulting in improved performance and lower fees for users.

Furthermore, LQWD's strategic partnerships with VC-backed Bitcoin Lightning Network companies, AMBOSS Technologies and the BREEZ wallet, have significantly contributed to its growth. These partnerships enable LQWD to leverage the expertise and resources of these industry leaders to expand its reach and enhance its infrastructure.

Global Infrastructure Network with Over 1000 Channels

LQWD's global infrastructure network has established well over 1000 channels, ensuring reliable and efficient routing of transactions. The company's top-performing nodes are located in Canada, France, Sweden, Italy, Singapore, and Japan, reflecting its global reach and commitment to providing seamless services to users worldwide.

Lightning Network: A Transformative Technology

Bitcoin Lightning Network is a game-changing technology that revolutionizes the way transactions are processed on the internet. It harnesses the unparalleled security and reliability of Bitcoin's blockchain to facilitate instant, low-cost transactions, surpassing the capabilities of traditional payment rails.

Over the past two years, Lightning Network activity has surged by an astounding 1200%. This growth is driven by the adoption of enterprise-grade tools developed by companies like MicroStrategy (MSTR), which leverage the network's unmatched capabilities for business transactions.

The recent integration of stable coin transaction capability has expanded the accessibility of Lightning Network to a wider user base. Additionally, leading cryptocurrency exchanges and forward-thinking businesses are embracing Lightning Network to enable faster and cheaper transactions, outpacing legacy payment systems such as Visa and Mastercard.

LQWD Technologies: A Pioneer in the Lightning Network Ecosystem

LQWD is a Canadian-based corporation at the forefront of the Bitcoin Lightning Network revolution. The company's scalable revenue model, strategic partnerships, and expanding global infrastructure network position it as a key player in this emerging industry.

With its unwavering commitment to innovation and growth, LQWD is well-equipped to capture a significant market share and contribute to the widespread adoption of the Lightning Network. Investors seeking exposure to this high-growth sector should seriously consider adding LQWD Technologies Corp. to their portfolios.

For further information, please contact:

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

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws, including statements about the company's business plans and the outlook of its industry. Although the company believes that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date hereof, and the company assumes no obligation to update or revise them to reflect new events or circumstances unless required by law.

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.