Net Savings Link Will Acquire A 50% Share In Vagabond Technology, Which Will Build A Blockchain Science.

Net Savings Link Will Acquire A 50% Share In Vagabond Technology, Which Will Build A Blockchain Science.

2022-02-13 | Selina Mathew

Net Savings Link Will Acquire A 50% Share In Vagabond Technology, Which Will Build A Blockchain Science.

Net Savings Link (OTCPK: NSAV) decided to buy a 50% share in Vagabond Technology Services on Friday in order to significantly enhance and promote Vagabond's blockchain platform.

• Vagabond is a blockchain-as-a-service framework that helps enterprises integrate blockchain innovation into their activities.

• The agreement was particularly focused on building a digital industrial standard that oversees the interchange and consumption of firm information throughout the value chain on the blockchain, according to the business.

• "NSAV and VAGABOND would announce other cooperation ventures in the following weeks," stated Dato' Sri Desmond Lim, Net Savings Link's interim CEO as well as senior vice president of the cryptocurrency business.

• Earlier (Jan. 20), Net Savings Link disclosed intentions to purchase a 10% share in cryptocurrency exchange BQEX.

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