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SpaceChain Executes First Multisignature Blockchain Transaction in Outer Space
Summary: SpaceChain today announced that it has successfully demonstrated the first use of blockchain hardware on the International Space Station(ISS), marking the completion of a significant milestone supported by the European Space Agency (ESA) Space Solutions. The transaction was conducted by SpaceChain co-founder and CTO Jeff Garzik, who said that successfully signing this BTC transaction marks progress toward SpaceChain’s goal ...
SpaceChain today announced that it has successfully demonstrated the first use of blockchain hardware on the International Space Station(ISS), marking the completion of a significant milestone supported by the European Space Agency (ESA) Space Solutions.
The transaction was conducted by SpaceChain co-founder and CTO Jeff Garzik, who said that successfully signing this BTC transaction marks progress toward SpaceChain’s goal of building a secure, open source, and immutable blockchain satellite network.
The multisignature transaction was delivered through a blockchain hardware installed on the ISS – a powerful onboard computer supplied by GomSpace that was designed for state-of-the-art data processing. SpaceChain’s experiments are about ensuring a robust connection between blockchain hardware in space and related infrastructure on Earth.
By Amy Liu
Tags: Blockchain,outer space,SpaceChain,transaction
Link: SpaceChain Executes First Multisignature Blockchain Transaction in Outer Space [Copy]