Net Savings Link Inc. (OTCMKTS: NSAV) has announced that it will purchase 50% interest in Vagabond Technology Solutions LLC. Following the completion of the transaction, the companies will work together to advance Vagabond’s currently fast-growing blockchain protocol. The vagabond token has witnessed significant appreciation in the past two weeks and is likely to go public on January 15, 2022.
Collaboration to ease digital corporate processes
The fundamental purpose of the NSAV-Vagabond collaboration is to make digital corporate processes easier to manage. The goal is to continue establishing a digital industrial code on the Blockchain that governs the interchange and use of firm data along the blockchain value chain. This would standardize and automate operations both between and within enterprises, resulting in significant cost savings. Considering the strength of NSAV and Vagabonds’ networks across several sectors, their collaboration will benefit the entire economy.
Furthermore, with its highly rigorous supply chains and various sites that are usually operated individually today, the NSAV-Vagabond cooperation holds exceptional potential for small and medium-sized businesses and offers a specific value for large firms as well. The extension of NSAV’s ECOsystem in order to provide Blockchain-as-a-Service to clients is at the heart of this collaboration. By utilizing Vagabonds Legal and Technology framework, enterprises may construct dapps for the most pressing global concerns and allow sustainable commercial models for the next economy.
Partnership is the next step for a decentralized economy
Vagabond CEO and Silverbear Capital partner Dr. Thomas Riegler said, “By making Blockchain accessible for everyone, we set the next step towards a decentralized economy with the partnership between Vagabond & NSAV. The goal of standardizing and automating processes is to significantly simplify the global system landscape, continuously optimize workflows, and increase confidence in business transactions.”
“This is a truly exciting time for NSAV and VAGABOND, as we see so many opportunities in the arena of Blockchain. The performance of VAGABOND is truly amazing,” commented Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner.
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