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How satellites and blockchain go together

Long March launch
A Chinese Long March 4B rocket lifts off from Taiyuan Satellite Launch Center in October 2018. One of the payloads was a nanosatellite equipped with a SpaceChain blockchain node. (CCTV via SciNews / YouTube)

It’s been three months since Planetary Resources, the asteroid mining venture headquartered in Redmond, Wash., was acquired by the ConsenSys blockchain studio — and although the venture currently known as ConsenSys Space hasn’t yet take the wraps off its business plan, another space-centric blockchain venture just might provide some clues.

Singapore-based SpaceChain has been ramping up its activity over the past year, highlighted by the launch of two nanosatellite-based blockchain nodes into orbit aboard Chinese Long March rockets in February and October of 2018.

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By Alan Boyle

Mastermind of Cosmic Log, contributor to GeekWire and Universe Today, author of "The Case for Pluto: How a Little Planet Made a Big Difference," past president of the Council for the Advancement of Science Writing.

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