PANews reported on December 5 that according to official news, Web3 communication platform Dechat received a strategic investment of US$1 million from Mindspace Solutions.

According to reports, DeChat is an open Web3 communication protocol with a user base mainly in Japan and the Middle East. It enables users to seamlessly chat, discover and trade digital assets within and across applications. DeChat is designed to use blockchain technology to ensure privacy and security, and its features include encrypted group communications, push notifications, and a decentralized ID system that supports a variety of media types.