Global Blockchain Technologies Corp. announced that its exchange project Singularity has entered the beta testing phase. Singularity harnesses the abilities of both the Laser and Stellar block chain networks, by using a federated side chain to bridge the two networks. Through the combined functionality Laser and Stellar, Singularity is able to offer decentralized custody, as well as a decentralized order book. Custodianship remains a pressing issue in the trade of crypto assets, with fewer traders trusting their capital to centralized exchanges that provide custody, since they can lose their balance in the event that the exchange is hacked. Making an exchange more decentralized is a testament to the principle of decentralization that is fundamental to block chain networks, a value that Singularity will exemplify in a way no other crypto asset exchange has before.