On July 27th, blockchain startup Dispatch Labs
announced Perlin the public distributed ledger platform had acquired it. The sale of Dispatch’s assets and its intellectual property was finalized on July 23rd for an undisclosed sum. Earlier this year Perlin entered into a supply chain and trade finance partnership with the
International Chamber of Commerce (ICC) which has 45 million business members.
Dispatch Lab’s CTO, Zane Witherspoon, wrote on Saturday that Dispatch and Perlin will “marry the technology, business partnerships, and revenue strategies of our now unified organizations.”
He explained that despite hard work and a successful mainnet release, Dispatch Labs raised funds mainly in cryptocurrency, the value of which decreased as the market slumped. So, the company looked for another blockchain firm to work with.
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