ATLANTA, Nov. 16, 2017 /PRNewswire/ -- Storj Labs today announced Bo Shen, founder and general partner of Fenbushi Capital, has joined the company's advisory board. Shen, who also advises Bitcoin, Ripple, Bitshares, Ethereum and several other prominent blockchain businesses and organizations, will drive adoption of the Storj decentralized cloud storage platform in China and beyond. He will also outline the company's vision as he meets with technology innovators around the globe.
Shen founded Fenbushi Capital in 2015 as one of the first venture capital investors focusing exclusively on blockchain-enabled companies. The Shanghai-based firm is often regarded as the most successful blockchain venture capital team in the world. He previously held prominent roles at several successful businesses, including CEO of DACx, managing partner of Confederated Asset Management and CEO of Shanghai HuaJi Holdings.
"Bo is a blockchain pioneer and we are excited to welcome him to the Storj Labs board of advisors," said Shawn Wilkinson, Storj Labs cofounder and chief strategy officer. "His experience is unparalleled and will be extremely valuable as we create new relationships within the industry, build new functionality into the platform and grow our business in China and beyond."
"The Storj Labs team is building a platform that's quickly becoming the foundation to a decentralized world," said Shen. "I have deep respect for the founders and broader Storj team and look forward to working with them as they continue to define the decentralized cloud storage market."
Shen graduated with a bachelor's degree from the University of Shanghai for Science and Technology and a master's degree in Systems Engineering from Georgia Institute of Technology.
About Storj: Storj Labs provides decentralized cloud storage and gives users more control over their devices and data providing an open-source cloud platform: Storj. The company aims to become the largest, most innovative, cost effective, and high performance cloud storage provider by utilizing spare hard drive space provided by its community members.