SinglePoint, Inc. (SING) Boasts Broad Ranging Blockchain-based Products

Investment in blockchain technology is growing rapidly. As innovators develop new ways to apply the technology to a range of industries, more companies are finding new applications for the technology and attracting increased funding from investors at the same time. SinglePoint, Inc. (SING) has attracted investment for a broad range of blockchain services, including applications in payment processing, logistics and health care. Visa, Inc. (V) is testing a new business-to-business blockchain payment service aimed at making international financial transactions easier. Mastercard, Inc. (MA) has registered a patent for a blockchain database to reduce the need for intermediaries and resultant delays in payment processing. International Business Machines Corp. (IBM) is collaborating with a shipping firm to develop blockchain-based international logistics designed to smooth out global supply chains while HIVE Blockchain Technologies Ltd. (TSX-V: HIVE) (HVBTF) operates its own cryptocurrency facilities that seek to bridge the gap between new and traditional finance.