VANCOUVER, BC, Dec. 7, 2021 /CNW/ - LQwD Fintech Corp.
(TSXV: LQWD) (OTC: LQWDF), a Bitcoin Lightning Network focused
company developing institution grade payment infrastructure and
solutions, is pleased to announce the appointment of Alexandra Moxin as VP of Product to the Company,
effective immediately.
Alexandra has over a decade of experience in product, business
development, and digital transformation and has a deep
understanding of emerging technologies including Bitcoin,
artificial intelligence/machine learning, event-driven systems and
how these impact organizations. Alexandra has previously worked for
Microsoft in product marketing where she grew engagement in Azure,
DevOps and OSS developer communities and was Canadian Ambassador
for Microsoft's Azure Tech Communities.
Alexandra is also the founder of Advance Tech Media, which is
home to the Advance Tech Podcast in which she interviews founders,
developers, and leaders from around the globe in the emerging tech
space. The Advance Tech Podcast has reached 1 million downloads in
just over a year and it is now ranked globally in the top 10% of
podcasts across all categories.
Shone Anstey, Chairman and CEO of the Company, commented, "The
addition of Alexandra to LQwD's management team is both timely and
exciting. She is well versed in digital transformation and will be
an integral part of the Company's growth strategy in the Lightning
Network space."
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 is experiencing explosive growth since
January 1, 2021, with node growth
doubling and Bitcoin capacity increasing 181% to September 30, 2021. Some well-known
prominent companies such as Jack
Dorsey's Twitter and Square have expressed their enthusiasm
to incorporate Bitcoin Lightning Network into their platforms.
About LQwD
LQwD is a Lightning Network Service Provider (LSP) 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 and acquires 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, considering 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.
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.
SOURCE LQwD FinTech Corp.