The European Space Agency supports SpaceChain in the development of satellite Blockchain

in blockchain •  5 years ago 

Well, I read that news and it caught my attention, the idea that the blockchain can already be extra-planetary caused me curiosity. In part, it reminded me of that project of bringing Internet service to everyone by balloons, but that's another story.


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Let's resume the matter, a few days ago it was announced that the European Space Agency gave a grant of 60,000 euros to the startup SpaceChain to develop a multi-signature and hyper-secure wallet that will be powered by satellite, this amount leaves the fund “kick-start activities ”

Although they call it startup activities, the truth is that the company already has two years of operation and is at the forefront of bringing blockchain technology to outer space and its security is indicated as very strong, it is even indicated that it establishes its own network that it is not necessary to connect it to the Internet for the verification of signatures, so the chances of violating it from there go to 0%

Personally it makes me think, this may constitute a new step in the evolution of the network and the blockchain as such. A few days ago I commented in another post that I am a "Digital Immigrant" and @crypto.piotr joked that in the future the term "Blockchain Immigrant" may not be so, but it seems that the world is moving forward that address

The news that I commented at the beginning of the post is in HERE

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Hello friend @pedrobrito2004, interesting of.

This technology world is advancing rapidly, it is crazy the things that engineers and developers of these technologies are proposing. We will see what the future holds for us.

The rapid advance of technology is like a geometric progression, it may always surprise us :)

Wow this is truly amazing news for the blockchain space. How awesome. Maybe we'll Moon sooner than we think! 😂😁

Have a great day,
~ @cadawg

"Towards the infinite and beyond!" hahaha

Yeah LOL

@pedrobrito2004, In my opinion over the period of time many activities will going to be carried out from the Space. Let's see how well it will going to Transform the experience or not. Stay blessed.

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It is true that we have to wait and see how much our world is changing these changes that arise in the future

Yes. Let's wait and see.

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When I found out that we already have Bitcoin satellites I finally felt comfortable with crypto. Blockchain was here to stay, but now in space, empowering individual financial freedom was an all certain reality of human civilization.