Cryptocurrencies Conquer the Space

News / September 14, 2018 / Comments: 0
Cryptocurrencies Conquer the Space

Cryptocurrencies are gradually taking leading positions on the global scene becoming an everyday option not only for financial, governmental, educational and healthcare institutions but also for regular folks. Without any doubt, everyone has already heard that blockchain technologies are getting more and more popular all round the world.

In April 2018, NASA announced their decision on developing an  Ethereum-based technology to improve Space communication and navigation. It is evident that blockchain technology will best ensure success in achieving the goal. It’s believed, “smart contracts” technology will be used for building a spacecraft that could boast of artificial intelligence of the next level. The mega device will be capable to detect and dodge floating debris

Jin Wei Kocsis, an assistant professor of electrical and computer engineering at the University of Arkon, Ohio, won $330,000 NASA grant for further research work.

The scientist believes that blockchain technology will enable quick and smooth sending and receiving data between the Space and our planet.

The project launching contributes greatly to the further development of blockchain technology. The use of decentralized solutions serves as an additional proof of its great importance for future humankind development.

Leave a comment


Subscribe to newsletter

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Last posts

Our website uses cookies to help provide you with the best experience we can. By continuing to browse the site, you agree to our use of cookies. To find out more about our cookies policy click cookies-policy.

Password reset


Confirmation of registration will be sent to your e-mail.

Already have an account? Log in