Under the program, SpaceChain will be able to strengthen its position in leading data and transactional integrity with space infrastructure.
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What is SpaceChain?
SpaceChain is building the world’s first open-source satellite network to enable a next-generation infrastructure for blockchain industry. By combining space and blockchain technologies, SpaceChain is making the development of space applications easier and making space more accessible.
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The space node will be capable of processing Velas blockchain on the ISS and sending Velas digital assets from space, such as VLX, tokens and NFTs
SpaceChain’s blockchain-enabled payload, incorporated with the space nodes of its customers, is heading to space aboard the SpaceX Falcon 9 rocket in June 2021; missions validate space-as-a-service adoption among organizations looking to address land-based infrastructure concerns that inhibit blockchain developments.
The partnership underscores SpaceChain’s commitment to democratise access to Earth observation services