Chinese blockchain venture capital firm Fenbushi Digital will be funding San Francisco-based blockchain startup Dispatch without any disclosed financial details, according to DealstreetAsia.com on November 21. After the investment, Fenbushi Digital also plans to lead Dispatch's next financing round for USD6m. The proceeds will be used for enhancing protocol and promoting Dispatch worldwide.
Founded in 2015, Dispatch is a data-focused blockchain company. Its flagship product, Dispatch Protocol, allows developers to create data-intensive blockchain applications, or make use of the transparent and secure distributed ledger technology. A