SoftServe and SingularityDAO Partner to Design Software Solutions for Crypto Assets

Both companies will offer enterprise-grade IT solutions for blockchain and decentralized finance.

AUSTIN, Texas, December 23, 2021– (BUSINESS WIRE) – Leading digital authority and consulting firm SoftServe partners with SingularityDAO to deliver enterprise-grade IT solutions for blockchain and decentralized finance. SingularityDAO provides the crypto world with AI-powered portfolio management solutions similar to those offered by traditional financial hedge funds, but without the barriers that prevent small investor participation.

“This alliance brings unprecedented software knowledge and innovation to the world of cryptocurrencies,” said Chris Poulin, Chief Technology Officer at SingularityDAO. “SoftServe is at the forefront of IT consulting and services for technical data infrastructure, network-level systems and security, as well as best practices for the software development lifecycle. Thanks to the skills of the data experts in the cryptocurrency market, SingularityDAO, as well as their best practices in decentralized finance, SoftServe has all the assets to seize more opportunities in the IT services market in the emerging category. “

“I am convinced that the crypto universe is steering our world toward a tectonic shift,” said Alex Chubay, CTO of SoftServe. “Projects in the cryptocurrency universe and Web 3 deserve special attention due to their high level of innovation and the considerable impact they are likely to have on the fabric of our societies. This partnership will allow us to strengthen our position in creating new decentralized financial instruments, and in applying our AI know-how in the direction of blockchain, decentralized finance and crypto, and ultimately propel SoftServe to the forefront of this universe. “

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Due to the digitization of the global financial system, the adoption of decentralized financial technologies by companies is experiencing rapid growth that is driving the demand for emerging technologies. Leveraging hands-on expertise in artificial intelligence, machine learning, blockchain, and other technologies, SoftServe and SingularityDAO will transform that demand into real-life use cases, in the world of decentralized finance and cryptocurrencies.

“SingularityDAO’s mission to democratize quality, hedge fund tools is not straightforward,” said Marcello Mari, CEO of SingularityDAO. “It requires the skills of some of the best and most experienced global players in data science, engineering and infrastructure construction. From our first meeting, it was clear that SoftServe was exactly the expert we were looking for. I think it is rare to see such an alignment in terms of intentions and points of view with such a large company. Together, we will build the master data infrastructure for crypto universe analysis. “

SingularityDAO is designing an advanced set of tools for crypto and decentralized financial market analysis, which will be used to assess market conditions and make informed decisions through artificial intelligence. SoftServe will be responsible for ensuring that the AI ​​used by SingularityDAO is backed by clean and reliable data, quickly and consistently. SoftServe will also focus on security best practices, to protect multi-million dollar transaction assets, managed by SingularityDAO, ensuring that transactions meet the highest security standards.

About SoftServe

SoftServe is a digital authority advising and supplying at the forefront of technology. We reveal, transform, accelerate and optimize the way companies and software companies do business. Using our expert skills in healthcare, retail, energy, financial services, software, and more, we implement end-to-end solutions to deliver the innovation, quality, and speed that users expect from our customers.

SoftServe offers open innovation – from generating compelling new ideas to developing and implementing transformative products and services. Our work and the experience of our clients are based on the principle of an empathetic and human-centered experience, guaranteeing continuity from concept moment to launch. We empower companies and software companies to (re) identify differentiation, accelerate solution development, and be formidable competitors in today’s digital economy. We are by your side wherever you are on your journey.

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The text of the press release resulting from a translation should not be considered in any way official. The only authentic version of the press release is the press release in its original language. The translation will always have to be compared with the source text, which will set a precedent.

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Paul jones
Senior Director, Analyst and Public Relations

Andrew Kavka
Analyst and public relations manager

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