Summary
LQWD Technologies Corp. partners with Amboss Technologies Inc. to become their premier Lightning Network Liquidity Service Provider, contributing 10 Bitcoin in liquidity initially. Amboss specializes in data analytics solutions for the Lightning Network, while LQWD aims to generate additional yield through their nodes on the network. The partnership aims to enhance liquidity and efficiency within the Bitcoin Lightning Network ecosystem, as LN activity has increased by 1,200% over the past two years.
Key Points
1. LQWD Technologies Corp. has partnered with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider (LSP), contributing an initial 10 Bitcoin in liquidity with plans for more in the future.
2. Amboss Technologies specializes in data analytics solutions tailored for the Bitcoin Lightning Network, offering products like Magma and Hydro for market organization and liquidity automation.
3. The Lightning Network has experienced significant growth in activity, with a 1,200% increase over the past two years, making it an attractive option for businesses and exchanges seeking faster and cheaper payment solutions compared to traditional methods.