(Reuters) A non-profit organization that wants to develop a more decentralized internet using blockchain has raised $61 million in funding from U.S. venture capital firm Andreessen Horowitz and hedge fund Polychain Capital, it said on Wednesday. DFINITY Stiftung wants to create what it calls an “internet computer,” an open network that serves as a large virtual mainframe computer in cyberspace. That would allow decentralized versions of many online technology services such as Uber, Dropbox, and eBay, according to a company statement.
Blockchain Project Raises $61m from Andreessen Horowitz, US Hedge Fund
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