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LQWD Technologies Forms Strategic Partnership with Alby Inc. as Key Liquidity Service Provider for Alby Hub

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LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) has announced a strategic partnership with Alby Inc., positioning LQWD as a key liquidity service provider for Alby Hub. This collaboration aims to enhance the operational efficiency and liquidity of Alby's Lightning Network services, which include a self-custodial lightning wallet, browser extension, and mobile app.

Through this partnership, LQWD will provide robust liquidity solutions to Alby's users, ensuring fast, reliable, and low-cost transactions across the Lightning Network. This move is expected to expand LQWD's footprint on the Lightning Network and drive the efficiency of transactions, ultimately accelerating the adoption of Bitcoin's Layer 2 technology.

The partnership is seen as a significant milestone in LQWD's mission to advance the growth and scalability of the Lightning Network by delivering top-tier liquidity services to a key industry leader.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) ha annunciato una partnership strategica con Alby Inc., posizionando LQWD come un fornitore chiave di servizi di liquidità per Alby Hub. Questa collaborazione mira a migliorare l'efficienza operativa e la liquidità dei servizi Lightning Network di Alby, che includono un wallet lightning in custodia autonoma, un'estensione per il browser e un'app mobile.

Attraverso questa partnership, LQWD fornirà soluzioni di liquidità robuste agli utenti di Alby, garantendo transazioni rapide, affidabili e a basso costo attraverso il Lightning Network. Questa iniziativa è prevista per espandere la presenza di LQWD nel Lightning Network e aumentare l'efficienza delle transazioni, accelerando infine l'adozione della tecnologia Layer 2 di Bitcoin.

La partnership è vista come un traguardo significativo nella missione di LQWD di promuovere la crescita e la scalabilità del Lightning Network offrendo servizi di liquidità di alto livello a un leader del settore.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) ha anunciado una asociación estratégica con Alby Inc., posicionando a LQWD como un proveedor clave de servicios de liquidez para Alby Hub. Esta colaboración tiene como objetivo mejorar la eficiencia operativa y la liquidez de los servicios de Lightning Network de Alby, que incluyen una billetera lightning de autocustodia, una extensión de navegador y una aplicación móvil.

A través de esta asociación, LQWD proporcionará soluciones de liquidez sólidas a los usuarios de Alby, asegurando transacciones rápidas, confiables y de bajo costo a través de Lightning Network. Se espera que esta medida amplíe la huella de LQWD en Lightning Network y mejore la eficiencia de las transacciones, acelerando en última instancia la adopción de la tecnología de Layer 2 de Bitcoin.

La asociación se considera un hito significativo en la misión de LQWD de avanzar en el crecimiento y la escalabilidad de Lightning Network al ofrecer servicios de liquidez de primer nivel a un líder clave de la industria.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF)는 Alby Inc.와의 전략적 파트너십을 발표했습니다. 이 파트너십을 통해 LQWD는 Alby Hub를 위한 주요 유동성 서비스 제공업체로 자리 잡았습니다. 이 협력은 Alby의 Lightning Network 서비스의 운영 효율성 및 유동성을 향상시키는 것을 목표로 하며, 이에는 자가 관리형 라이트닝 지갑, 브라우저 확장 및 모바일 앱이 포함됩니다.

이번 파트너십을 통해 LQWD는 Alby의 사용자에게 강력한 유동성 솔루션을 제공하여 Lightning Network에서 빠르고 신뢰할 수 있으며 저렴한 비용으로 거래할 수 있도록 할 것입니다. 이러한 조치는 LQWD의 Lightning Network 내 입지를 확장하고 거래의 효율성을 높이며 궁극적으로 비트코인의 레이어 2 기술의 채택을 가속화할 것으로 예상됩니다.

이 파트너십은 LQWD가 업계의 주요 리더에게 최고 수준의 유동성 서비스를 제공하여 Lightning Network의 성장 및 확장성을 발전시키려는 사명의 중요한 이정표로 여겨집니다.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) a annoncé un partenariat stratégique avec Alby Inc., positionnant LQWD comme un fournisseur clé de services de liquidité pour Alby Hub. Cette collaboration vise à améliorer l'efficacité opérationnelle et la liquidité des services Lightning Network d'Alby, qui incluent un portefeuille lightning de self-custody, une extension de navigateur et une application mobile.

Grâce à ce partenariat, LQWD fournira des solutions de liquidité solides aux utilisateurs d'Alby, garantissant des transactions rapides, fiables et à faible coût dans le Lightning Network. Ce mouvement devrait étendre l'empreinte de LQWD dans le Lightning Network et améliorer l'efficacité des transactions, tout en accélérant l'adoption de la technologie Layer 2 de Bitcoin.

Le partenariat est considéré comme une étape importante dans la mission de LQWD pour promouvoir la croissance et l'évolutivité du Lightning Network en offrant des services de liquidité de premier ordre à un acteur majeur de l'industrie.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) hat eine strategische Partnerschaft mit Alby Inc. angekündigt und positioniert LQWD als wichtigen Anbieter von Liquiditätsdiensten für Alby Hub. Diese Zusammenarbeit zielt darauf ab, die betriebliche Effizienz und Liquidität der Lightning Network-Dienste von Alby zu verbessern, zu denen eine selbstverwaltete Lightning-Wallet, eine Browsererweiterung und eine mobile App gehören.

Durch diese Partnerschaft wird LQWD robuste Liquiditätslösungen für Alby-Nutzer anbieten und schnelle, zuverlässige und kostengünstige Transaktionen im Lightning Network gewährleisten. Diese Maßnahme wird voraussichtlich die Reichweite von LQWD im Lightning Network erweitern und die Effizienz der Transaktionen steigern, wodurch letztlich die Akzeptanz der Layer-2-Technologie von Bitcoin beschleunigt wird.

Die Partnerschaft wird als bedeutender Meilenstein in LQWDs Mission betrachtet, das Wachstum und die Skalierbarkeit des Lightning Networks voranzutreiben, indem sie erstklassige Liquiditätsdienste an einen führenden Akteur der Branche liefert.

Positive
  • Strategic partnership with Alby Inc. positions LQWD as a key liquidity service provider
  • Expansion of LQWD's footprint on the Lightning Network
  • Potential for increased adoption of LQWD's liquidity services through Alby's user base
  • Strengthening of LQWD's presence in the global Bitcoin economy
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / September 17, 2024 / LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF), a leading institutional provider of Lightning Network Liquidity services, is pleased to announce a strategic partnership with Alby Inc. ("Alby"), a pioneering technology company specializing in the Lightning Network, Bitcoin's Layer 2 scaling solution. This collaboration positions LQWD as a key liquidity service provider for Alby, enhancing the operational efficiency and liquidity of Alby's Lightning Network services.

Alby's business consists of Alby Hub, a self-custodial lightning wallet, a browser extension and a mobile app that enables seamless Bitcoin transactions on the Lightning Network, along with other innovative solutions for developers. Through this partnership, LQWD will provide Alby's users with robust liquidity solutions, ensuring that Alby's users experience fast, reliable, and low-cost transactions across the Lightning Network.

"Partnering with Alby is a powerful step forward in our mission to solidify our position as a leading service provider on the Lightning Network," said Shone Anstey, CEO of LQWD. "Through this collaboration, we're not only expanding our footprint on the Lightning Network but also driving the efficiency of transactions and accelerating the adoption of Bitcoin's transformative Layer 2 technology."

This partnership marks another significant milestone in LQWD's dedication to advancing the growth and scalability of the Lightning Network by delivering top-tier liquidity services to a key industry leader. Through these growing partnerships, LQWD will further expand its Lightning Network nodes and strengthen its presence in the global Bitcoin economy.

"Setting up payment channels to transact on the Lightning Network has traditionally been complex and time-consuming. With Alby Hub, a self-custodial Lightning wallet, this process is simplified through seamless integration of a Lightning Service Provider like LQWD." Moritz Kaminski, Co-founder of Alby, "Users enjoy an intuitive wallet experience, enabling one-click channel setup while maintaining full control over transaction fees."

For more information on LQWD's liquidity services, please visit lqwdtech.com.

About LQWD Technologies Corp.

LQWD Technologies Corp. is a leading provider of institutional-grade liquidity services for the Lightning Network. The Company's mission is to enhance the global adoption of Bitcoin by providing reliable and scalable liquidity solutions that power the Lightning Network. LQWD operates a growing number of Lightning Network nodes worldwide, ensuring efficient and cost-effective Bitcoin transactions for businesses and individuals alike.

About Alby Inc.

Alby (https://getalby.com) is a pioneering software development company focusing on making bitcoin the native currency of the internet. With contributions from the open-source community Alby creates solutions for consumers, developers and Bitcoin users, prioritizing ease of use and interoperability.

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

Forward-Looking Statements

This 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 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 Technologies



View the original press release on accesswire.com

FAQ

What is the new partnership announced by LQWD Technologies (LQWDF) on September 17, 2024?

LQWD Technologies (LQWDF) announced a strategic partnership with Alby Inc., positioning LQWD as a key liquidity service provider for Alby Hub, enhancing the operational efficiency and liquidity of Alby's Lightning Network services.

How will LQWD Technologies (LQWDF) benefit from the partnership with Alby Inc.?

LQWD Technologies (LQWDF) will expand its footprint on the Lightning Network, strengthen its presence in the global Bitcoin economy, and potentially increase adoption of its liquidity services through Alby's user base.

What services will LQWD Technologies (LQWDF) provide to Alby's users?

LQWD Technologies (LQWDF) will provide robust liquidity solutions to Alby's users, ensuring fast, reliable, and low-cost transactions across the Lightning Network.

How does the Alby Hub simplify Lightning Network transactions according to the announcement?

Alby Hub, a self-custodial Lightning wallet, simplifies the process of setting up payment channels on the Lightning Network through seamless integration of Lightning Service Providers like LQWD Technologies (LQWDF), enabling one-click channel setup while maintaining user control over transaction fees.

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