Frontier optical network terminal4/3/2024 SpaceChain’s first in-space demonstration of Bitcoin technology took place back in 2019. This past summer, SpaceChain launched a blockchain-enabled payload to the International Space Station, where it will demonstrate Ethereum cryptocurrency technology integration. “This partnership will help us leverage satellite-based computing to remove barriers and create a more open, collaborative and global economy.” “Space is the next frontier for businesses, and through Spire’s satellite infrastructure we are taking global collaboration to the ultimate vantage point,” said SpaceChain Co-founder and CEO Zee Zheng. Spire will first conduct an on-orbit upload of SpaceChain’s software to an existing satellite, before further building out SpaceChain’s capabilities via a payload on a new satellite, expected to be launched later this year. Spire has therefore offered to provide SpaceChain with its “SABERTOOTH” supercomputing module, which it uses as an embedded AI computing device, to fulfill a two-part mission. It also requires a massive amount of computing power. It is targeting these applications for launch service providers, national space agencies, satellite manufacturers, to data analytics startups.īlockchain technology is essential to SpaceChain’s DSI. SpaceChain has been developing what it calls Decentralized Satellite Infrastructure (DSI), on which decentralized satellite applications can be built and run without the need for any land-based infrastructure.
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