LQWD Technologies Advances in Bitcoin Lightning Network Operations

LQWD Technologies Corp. has reported significant progress in their operations on the Bitcoin Lightning Network, a platform designed for faster transaction speeds using Bitcoin's blockchain. As of May 2024, the company operates with 115 Bitcoins, providing essential liquidity and routing services.

The company has seen a notable increase in transaction routing, citing a new monthly high in April 2024 with 64,678 transactions. This achievement showcases a steady growth in usage since the network operation began in November 2021, with about 500,000 transactions routed totaling 569 Bitcoin.

A pivotal development in their infrastructure includes the implementation of an AI-driven channel rebalancing system in September 2023 which has been crucial for their organic volume growth. Additionally, LQWD has formed strategic partnerships with key industry players like AMBOSS Technologies and BREEZ wallet, further enhancing their operation capacity.

LQWD's global network has successfully established over 1000 channels with Canada, France, Sweden, Italy, Singapore, and Japan being the top performers. These developments underline the company's commitment to expanding its market share in the burgeoning sector of Bitcoin Lightning Network.