VANCOUVER, BC, July 20, 2021
/CNW/ - Lightning Network focused company, LQwD Fintech Corp.
(TSXV: LQWD) (OTC: INLAF) is pleased to announce the appointment of
Lightning Network experts Joost
Jager and Roy Sheinfeld as
advisors to the Company, effective immediately.
Shone Anstey, Chairman and CEO of the Company, commented, "We
are very excited to have Joost and Roy join our team at this very
timely stage in LQwD's growth. They are both consummate
professionals whose prudence and broad technical insight will be of
great benefit to LQwD as we advance our business in the Lightning
Network space."
Mr. Joost Jager is a Bitcoin and
Lightning Infrastructure Engineer with a M.Sc. in Computer Science
from Radboud University with a specialization in artificial
intelligence. Mr. Jager has worked with San Francisco-based Lightning Labs as a lead
developer and delivered multiple ground-breaking Lightning features
such as hodl invoices, tlv records and probability-based routing.
Currently Mr. Jager works with Bottlepay, where he provides
Lightning Network expertise for the development of their European
focused wallet solution.
Mr. Roy Sheinfeld is a software
engineer and the co-founder and CEO of Breez Development Ltd., a
privately held Tel Aviv based
company that builds interfaces for the Lightning economy. The Breez
App is a P2P Lightning Network interface where users can buy, sell,
and pay for goods, services, and streaming content with a
non-custodial, seamless, and open platform. Previously, he was the
Co-founder and CTO of harmon.ie, a company building apps for the
Digital Workplace, helping information workers professionals access
and collaborate using a variety of leading cloud and on-premises
services from Microsoft, IBM, Salesforce, and others.
About the Lightning Network
The Lightning Network is a solution to mass scaling the usage of
Bitcoin for microtransactions globally, dramatically improving upon
fees, as well as instant settlement times. The Lightning Network
has experienced explosive growth in the past 90-days with node
growth doubling and Lightning Network BTC capacity increasing
51.74%. Some well-known companies such as Jack Dorsey's Twitter and Square have expressed
their enthusiasm to incorporate Lightning Network into their
platforms.
About LQwD Fintech Corp.
LQwD is a Lightning Network focused company developing payment
infrastructure and solutions. The Company's mission is to develop
institutional grade services that support the Lightning Network and
drive improved functionality, transaction capability, user adoption
and utility and scaling Bitcoin. LQwD also holds Bitcoin as an
operating asset establishing nodes and payment channels across the
Lightning Network.
Forward-Looking Statements
This news release contains "forward-looking information"
within the meaning of applicable securities laws relating to the
Company's business plans and the outlook of the Company's industry.
Although the Company believes, in light of the experience of its
officers and directors, current conditions and expected future
developments and other factors that have been considered
appropriate, that the expectations reflected in this
forward-looking information are reasonable, undue reliance should
not be placed on them because the Company can give no assurance
that they will prove to be correct. 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 of
this release and the Company assumes no responsibility to update
them or revise them to reflect new events or circumstances other
than as required by applicable securities laws. The Company
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of the Company, LQwD
Financial, their securities, or their respective financial or
operating results (as applicable).
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.
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content:https://www.prnewswire.com/news-releases/lqwd-appoints-strategic-expert-lightning-network-advisors-301337116.html
SOURCE LQwD FinTech Corp.