Blockchain technology space

Over recent years, blockchain has evolved into a transformational technology promising to offer secure, real-time transactions across different sectors and industries that will revolutionize the way we do business. ISO is at the forefront of this technology to ensure that its users all speak the same language. Because each computer in the network has its own copy of the blockchain, it is also very safe, as a hacker would need to manipulate copies across the decentralized network in order to violate the system. Bitcoin was the first globally distributed ledger network, but the technology has begun to spread across the global economy as a reliable way to store data concerning other types of transaction. The emergence of new and exciting applications of blockchain and distributed ledger technologies presents wide-ranging opportunities to support efficient and secure real-time transactions across multiple sectors. Blockchain is a digital platform that facilitates transactions by recording and verifying data across different industries in a secure manner.

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Content:

• How Can Blockchain Technology Be Used in the Space Industry
• Sure, there’s hype. But blockchain has concrete space applications
• How Might Coworking Spaces Benefit from Blockchain Development?
• SpaceChain to Deploy Commercial Blockchain Tech With SpaceX Launches in June
• Who are we?
• Money Code Space: Hidden Power in Bitcoin, Blockchain, and Decentralisation
• The First Ethereum Network-Blockchain Satellite From Villanova University Set For Orbit
• The Blockchain Revolution Is Heading To Space
• Blockchain’s technology of trust

WATCH RELATED VIDEO: Blockchain Technology Explained (2 Hour Course)

How Can Blockchain Technology Be Used in the Space Industry

After years of discussion, no formal progress has been made to promulgate internationally recognized, much less enforceable, safeguards of our heritage sites on the Moon. This must change. The question is how? From Luna 2, the first human-made object to impact the Moon in , to the Lunar Atmosphere and Dust Environment Explorer LADEE , which was intentionally crashed into the far side of the Moon in , it is estimated that there are more than 80 sites on our lunar neighbor that bear evidence of human exploratory activity.

These are the first archaeological sites with human activity that are not on Earth, and they bear witness to some of the most important technological developments in human history. Moreover, they are, unlike any terrestrial archaeological site, frozen in time, undisturbed by natural elements and untouched by any other humans or any other living organism. In short, they are a treasure trove for archaeologists, historians, sociologists, and scientists.

Efforts to protect this cultural heritage on the Moon are not new. Government Lunar Artifacts. Others have insisted there is no need for formal agreements. Not every footprint on every Apollo site need be preserved.

This is not a simple task. The need to have a single legitimized source for this information cannot be understated. For All Moonkind is an all-volunteer nonprofit, nongovernmental organization. It is the only organization in the world focused on protecting and preserving human heritage in space. TODAQ provides decentralized solutions to businesses and consumers.

And now it is providing those services to For All Moonkind as well, on a pro bono basis. For All Moonkind and TODAQ are using blockchain technology to create and maintain a decentralized grid-referenced system of potential heritage sites on the Moon.

Essentially, the two organizations will map the Moon using cryptographic tools while registering and documenting human cultural artifacts with as many details and specifics as possible. As a decentralized data structure, blockchain intrinsically enforces accountability and immutability to environments where counterparty trust is not required by introducing irrevocable cryptographic records of consensus. Blockchain and distributed ledger technology DLT represent an innovative technology that offers new breakthrough possibilities similar in comparison to the Internet.

It began along with the development of other Internet applications and gained momentum with Bitcoin and its uses, yet it is a much more robust tool. A blockchain is a series of unique transactions applicable to various electronic applications and managed in a peer-to-peer distributed network that registers those transactions on a ledger in a consistent and reliable manner via a consensus mechanism that cannot be altered once the process is completed.

The For All Moonkind Moon Registry will create a discrete record for each of the sites where human-made objects have settled and where evidence of human activity exists, including footprints and rover tracks. It will also include an educational module that teaches the concepts and importance of site stewardship and historic preservation. For All Moonkind is committed to ensuring that use of this technology is compliant with all internationally-recognized best practices regarding the preservation and protection of terrestrial heritage sites.

Indeed, coordination with the international historic preservation community will be essential in ensuring the accuracy, integrity, and proper treatment of the information contained within this database.

Once added through a procedure that ensures the accuracy of the information submitted and the credibility of those who submit information, the site and its history are completely immutable, permanently and transparently telling the origin and ongoing story of each. This could potentially include, for example:. The For All Moonkind Moon Registry will be dynamic, allowing for previously unaccounted for items to be added.

For example, it is rumored, but not confirmed, that a ceramic chip etched with artwork from Andy Warhol, Robert Rauschenberg, and others was covertly attached to a leg of the Intrepid, the Apollo 12 lunar lander. Is it there? Someday we will find out, and when we do, it will be added to the database for the benefit of generations to come. Blockchain also solves the problem of a lack of interoperability between all stakeholders, while allowing the availability of valuable information without reliance in a central authority.

This powerful feature inherent in distributed ledger technology enables the For All Moonkind Moon Registry to provide accountability of human heritage records in space, lowering the requirement for trust in centralized agencies, sovereign actors, and each other.

Together, all these features allow the For All Moonkind Moon Registry to provide a tangible framework within which to inclusively and transparently address vital issues related to preservation and property. It will reinforce the universality of our shared history of exploration and discovery and lay a dynamic, transparent foundation and framework for future human and societal interactions with the Moon and space.

Change is as inevitable as it is exhilarating. We are bearing witness to an era where rapidly evolving technology is almost constantly improving the human experience. There is a poetic justice in utilizing innovative blockchain technology to help us preserve the shared history that forms the cradle of our spacefaring future. The For All Moonkind Moon Registry is but another small step toward our goal, to preserve our common human heritage in outer space and thereby promote our sustainable evolution into a multiplanetary species.

He completed his doctorate degree JSD in Intercultural Human Rights, analyzing Internet governance policy, including its history, actors, and institutions. Michelle Hanlon is a space lawyer. Michelle has more than 25 years of corporate transaction experience.

She earned her LLM in Air and Space Law from McGill University, where the focus of her research was on commercial space and the intersection of commerce and public law.

Note: we are temporarily moderating all comments subcommitted to deal with a surge in spam. As companies plan missions to the Moon, including some that may visit past landing sites, maintaining a comprehensive, authoritative list of lunar heritage sites becomes critical.

Subscribe to our weekly newsletter. Coordination with the international historic preservation community will be essential in ensuring the accuracy, integrity, and proper treatment of the information contained within this database.

Sure, there’s hype. But blockchain has concrete space applications

It's been exactly four years since the very first Bitcoin transaction took place in space — what have we accomplished in the blockchain space race since then? These are just a few of the current and future use cases for blockchain and cryptocurrencies in space. Blockchain and crypto, in turn, could also take advantage of the benefits provided by the space industry. CoinMarketCap News. Table of Contents.

How Might Coworking Spaces Benefit from Blockchain Development?

Pretty wholesome for a project that kickstarted on Oct 25, Space Falcon brings complete decentralized asset ownership opportunities to the worldwide gaming community along with a multiplayer version of the classic space shooter game playable in the browser. Space Falcon has also entered into strategic partnerships with industry-leading metaverse and DeFi projects like Solice , Raydium , Roseon Finance , and Cyclos for more rapid growth in the Solana Ecosystem. A quick preview of the partnership with Solice. Still, in its early stage, Space Falcon leverages Blockchain technology to allow users to explore two different universes spanning generations:. The P2E project has managed to create a community of over , members across its social media channels and aims to offer its players low transaction fees and lightning-fast speed across all actions based on the Solana Blockchain. Within a short span of time, Space Falcon already has around 5, monthly active users for a total duration of more than 50, minutes played. Space Falcon is an ideal product to emerge from the confluence of state-of-the-art blockchain, real-time graphics, classic immersive multiplayer video games, and decentralized financial technologies. The idea for Space Falcon came to life following the shortcomings of the traditional gaming industry model. In the traditional model, gamers can only earn profits if they devote tremendous amounts of time in the hope of going professional.

SpaceChain to Deploy Commercial Blockchain Tech With SpaceX Launches in June

As a breakthrough technology, blockchain inspires many tech innovators to compare it to the industrial and internet revolutions. Why, and what does it mean for the space industry? This digital ledger — which offers unprecedented security and trust among users because it cannot be hacked or centrally controlled — represents a new way to streamline existing processes, create cost savings, and securely exchange information and value. With its origins in fintech, blockchain has helped enable the cryptocurrency craze that began with Bitcoin.

Who are we?

Pretty impressive for a project that kick-started on Oct 25, Space Falcon. Space Falcon brings complete decentralized asset ownership opportunities to the worldwide gaming community along with a multiplayer version of the classic space shooter game playable in the browser. Space Falcon has also entered into strategic partnerships with industry-leading metaverse and DeFi projects like Solice , Raydium , Roseon Finance , and Cyclos for more rapid growth in the Solana Ecosystem. A quick preview of the partnership with Solice.

Money Code Space: Hidden Power in Bitcoin, Blockchain, and Decentralisation

By Anna Irrera. The so-called Internet of Things IoT , where devices connect to one another, is most associated with consumer electronics, including smart speakers like Amazon Echo and Google Home, and banks want to be ready to process payments when these smart devices start doing transactions autonomously. Farooq said the satellite test showed blockchain networks could power transactions between every day objects. The test also showed it could be possible to create a marketplace where satellites send each other data in exchange for payments, as more private companies launch their own devices into space, Tyrone Lobban, head of blockchain launch, at Onyx said. Back on earth, examples of IoT payments that could become a reality sooner include a smart fridge ordering and paying for milk on an ecommerce site, or a self-driving car paying for gas Farooq said.

The First Ethereum Network-Blockchain Satellite From Villanova University Set For Orbit

The increasing adoption of connected technologies exposes aircraft, airports, satellites , and the interdependent aerospace ecosystem to new types of risks. The policy is considered by security experts as the first comprehensive government policy related to cybersecurity for satellites and related systems , outlining best practices for agencies and companies to prevent space systems from hacking and other cyber threats. One company , Xage , is using blockchain technology to ensure data security in space. The platform supports any-to-any communication , secures user-based and machine-to-machine access to existing systems, works at the edge even with irregular connectivity, and gets stronger and stronger with every device added to the network.

The Blockchain Revolution Is Heading To Space

Although blockchain is currently celebrated for being the foundation for DeFi and cryptocurrency systems like Bitcoin and Ethereum, the next big leap for this technology, experts say, may be in outer space. Possible ways that blockchain can be used in space include tokenizing spacecrafts and their payloads, crowdfunding space missions, tracking supply chains for space machinery parts and mined resources, and even the creation of a self-policing space governance system, where corporations can use smart contracts to create and enforce rules for each other. While some of the ways that blockchain could be used in space are still untested theories, the technology has already been transported out of this earthly world to augment security in cryptocurrency transactions. The transaction brought SpaceChain a step closer to their goal of having a decentralized network of blockchain nodes operating from satellites in orbit serving fintech and business applications. But not all experts agreed that a direct downlink to mobile phones and small devices from satellites in orbit would enhance security.

Blockchain’s technology of trust

Skip to Main Content. A not-for-profit organization, IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. Use of this web site signifies your agreement to the terms and conditions. Blockchain Network for Space Object Location Gathering Abstract: This paper proposes a solution to facilitate on-orbit satellite communication data integrity and security by utilizing blockchain technology. A proliferating demand has created a growing reliance on satellites for communications, GPS, imagery, and other uses. The decreased cost of entry into the space industry has increased the number of entrants and also the number of satellites and the amount of space debris.

Blockchain promises to become a new foundation for all forms of transactions. A blockchain is a digital database that disintermediates and records transactions between parties. To achieve this, it cryptographically secures its records and relies on a distributed network to replicate its data across many locations.