CannabisNewsBreaks – SinglePoint, Inc. (SING) Acquires ShieldSaver; Plans to Hire New Team to Focus Fully on Blockchain Initiatives
Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the acquisition of ShieldSaver, a technology company disrupting the automotive repair and maintenance industry. The acquisition expands the company’s blockchain initiatives into the automotive industry. The company is currently developing a blockchain solution to enable ShieldSaver to keep an indisputable record of problems and repairs on vehicles, providing analytics of an individual car’s history. SinglePoint has added five developers to its technology team who are architecting the blockchain solution. Additionally, SinglePoint announced that it is further expanding its blockchain development capabilities with plans to hire another team to focus exclusively…