Recently, TRON announced a strategic cooperation with Spacety (Tian Yi Research Institute), a commercial space company which aims to be SpaceX in China. In the future, the two sides will work closely together to explore the technology and application of integrating blockchain with the micro-satellites. TRON will provide guidance to Spacety on blockchain technology, and Spacety. will also provide technical services to TRON to achieve fast and efficient network communication through micro satellites. The two sides are currently planning to send the first blockchain-driven test satellite into space in 2018, the technical details and cooperation mode of which will not be disclosed for the time being.
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TRON and Spacety(The China’s SpaceX) — New Era of BlockChain Space Exploration
Recently, TRON announced a strategic cooperation with Spacety (Tian Yi Research Institute), a commercial space company which aims to be SpaceX in China. In the future, the two sides will work closely together to explore the technology and application of integrating blockchain with the micro-satellites. TRON will provide guidance to Spacety on blockchain technology, and Spacety. will also provide technical services to TRON to achieve fast and efficient network communication through micro satellites. The two sides are currently planning to send the first blockchain-driven test satellite into space in 2018, the technical details and cooperation mode of which will not be disclosed for the time being.
‘’The China’s SpaceX’’, Spacety is a forerunner of China’s private commercial space and a full member of the International Astronautical Federation. In line with the concept of “making space at your fingertips”, Spacety has been focusing on the development of commercial micro-satellites. Since its establishment in early 2016, Spacety has successfully launched 4 satellites and plans to launch 15 satellites in 2018 to provide services for dozens of research institutes, universities and enterprises including CAS, Aerospace Science and Technology Corporation, Tsinghua University etc. In the number of satellite launches, technology research and development, the amount of funding and rounds, Spacety is in the leading position among domestic private commercial space companies.
Justin Yang, founder and CEO of Spacety(The China’s SpaceX) said:” We have noticed that blockchain technology has become another historic opportunity for tech start-ups, commercial companies and even the governments since 2018. With rapid development of the blockchain, we hope to explore the integration of the commercial-class blockchain and micro-satellite technology through cross-sector cooperation. TRON has made remarkable achievements in the area of blockchain. So I believe it will open a new route combining blockchain and commercial space technology.”
Justin Sun, founder of TRON said that “TRON has achieved some good results in the past, but 2018 is still a challenging year, especially for the launch of TRON’s main chain. Network security, network communication speed, and costs are key issues for blockchain network, and also key indicators of whether the network can stand out and be accepted by everyone. Spacety gathered professionals who play an important role in China’s space industry. With their help, geographical restrictions could be resolved through micro-satellites, which will significantly increase the speed of network communications and reduce the cost of users. We look forward to the continuous deepening of the cooperation with Spacety. The cooperation will certainly promote the significant development of blockchain technology and applications.
TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
Tron was founded by Justin Sun, the former chief representative for Greater China of Ripple. Justin was featured in 2015&2017 Forbes China 30 under 30, 2017 Forbes Asia 30 under 30 and was a member of the first batch of entrepreneurs at Hupan University, an elite business school established by Jack Ma, the founder of Alibaba Group.
According to Coinmarketcap, Tron is in top 15 among all crypto currencies, with a total market cap over 4.6 billion USD, there are at least 500,000 TRX holders around the world.
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