Dispatch from San Francisco received an investment from Fenbushi Capital, as well as collaborating with its affiliated company Fenbushi Digital.
Financial details have not been disclosed, but Dispatch, the originator of the sending protocol, allows developers to create distributed accounting applications.
Dispatch says it will work with Fenbushi and its partners to take advantage of opportunities across Asia.
Fenbushi Capital is a venture capital company that invests in blockchain-based protocols and solutions that can "democratize global opportunities".
"Dispatch is uniquely positioned to help entrepreneurs and businesses in multiple industries as they create blockchain applications that are impactful and data intensive," says Bo Shen, a founding partner of Fenbushi. "Dispatch's team and their data-centric protocol enable us to work together to build a global community and cultivate ideas into real blockchain solutions."
Dispatch's zero knowledge analysis and its evidence of delegated asynchronous participation (DAPoS) allow companies to create blockchain solutions with "zero transaction costs" and is backward compatible with the Ethereum network.
Applications based on the shipping protocol are HIPPA (US Health Insurance Portability and Accountability Act 1996) and conform to GDPR.
Dispatch has a number of proprietary and patented technologies. Dispatch Zero-Knowledge Analytics is the data management solution that stores encrypted data in its data distribution network (DAN), allowing companies to comply with regulations and store personal information.