On Dec 5, SpaceChain launched its blockchain hardware wallet technology to the International Space Station (ISS), aboard a SpaceX Falcon 9 rocket as part of today’s CRS-19 commercial resupply service mission.
The payload will demonstrate the receipt, authorization, and retransmission of blockchain transactions, creating “multisig” transactions which require multiple signatures (approvals) to complete, increasing the security of the operation. All data will be both uplinked and downlinked directly through Nanoracks’ commercial platform. SpaceChain’s implementation adds the remoteness and security of space infrastructure to blockchain technology to lay the foundation for a new generation of products built on its technology.
This milestone underscores SpaceChain’s commitment to addressing land-based centralized infrastructure concerns, while accelerating technology advancement, international collaboration, and adoption of space-as-a-service for modern businesses.
For more, read our press release here:
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Founded in 2017, SpaceChain is a community-based space platform that combines space and blockchain technologies to build the world’s first open-source blockchain-based satellite network, allowing users to develop and run applications in space.
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