SpaceChain July 2023 Report

SpaceChain
SpaceChain
Published in
5 min readAug 1, 2023

ANNOUNCEMENTS

Save the date

Join us for an engaging Space Talk featuring SpaceChain and Axiom Space on 2 August. This fireside chat will delve into SpaceChain’s key focus areas, highlight achieved milestones, and unveil future plans to scale systems in space. Learn about the pivotal role of AI in SpaceChain’s vision and how YOU can actively participate in shaping the future of space exploration. Don’t miss out on this exciting event in collaboration with Axiom Space!

Click on this link to join the discussion.

I-Sat — Assisted problem-solving for industries

Introducing I-Sat, SpaceChain’s groundbreaking assisted problem-solving solution that revolutionizes the industrial landscape.

This innovative platform utilizes AI to simplify land analysis, providing high-quality earth observation imagery and tailored insights for various industries, from solar farming to disaster management.

Employing edge computing, distributed infrastructure, and generative AI, I-Sat empowers businesses with comprehensive data on land, water quality, soil moisture, and oceans, offering limitless possibilities for increased efficiency and a competitive advantage in the market.

Embrace the future of industrial innovation with I-Sat!

BUSINESS DEVELOPMENT

Our AI-driven EO collaboration

As an affirmation of SpaceChain’s AI imagery analytics platform, leading enterprises have begun to collaborate with us to advance market effectiveness in the realm of Earth observation data. These activities are positioned to support moving the market towards readily accessible Synthetic Aperture Radar (SAR) Imagery Archives, adding a valuable tool for efficient end-user adoption. The AI platform has the capability to assist, if not revolutionize, the Earth Observation service provider offering. And, help with increased ROI metrics by extending unique solutions into existing in-orbit assets.

Recognizing an existing, but potentially underserved need in the market, SpaceChain strives to bridge the gap by integrating pioneering technology with space applications. While satellite companies build costly, high-risk infrastructure, the full potential is often unrealized due to a lack of user-centric approach. We aim to alleviate this challenge by making their offerings more accessible to users, thereby enhancing value capture through the integration of advanced technology.

Our industry partners’ shared vision is to build a space ecosystem that promotes trust, secures sensitive data and transactions, and safeguards the integrity of space-based activities. Emphasizing inclusivity, openness, and transparency, these collaborations, including SpaceChain’s involvement, strive to drive innovation in the field of geospatial analytics.

Accelerating our development through NVIDIA Inception

With support from NVIDIA Inception, we are revolutionizing earth observation with advanced AI technology. The collaboration with NVIDIA will enable us to launch our latest product this year and expand into new EO applications. We have made significant advancements in AI for EO, utilizing deep neural networks and super-resolution techniques. Our breakthrough product, I-Sat, enhances digital accessibility and offers a decentralized satellite infrastructure. SpaceChain’s membership in NVIDIA Inception marks a significant milestone in its journey toward revolutionizing the EO and AI landscape, and we aim to transform the EO sector, foster inclusivity, and drive innovation in space technologies.

Read the full story here:

COMMUNITY ACTIVITIES

NVIDIA GenAI meetup in UK

On 12 July, Technology Director Ziheng Xiang attended the NVIDIA GenAI Meetup in UK. He witnessed the rapid advancement of AI and discovered innovative techniques to enhance language models.

According to Ziheng, learning how fast the AI world evolves was insightful. He said: “It was great to network with NVIDIA and Glyphic AI. They are pioneering the language model industry. SpaceChain will benefit from the latest developments from AI solutions and NVIDIA hardware to deliver the most accessible satellite imagery solutions to our end users.”

Check out these photos from the event.

In the news

Thanks to Fortune for including us in this article on how blockchain can play a role in the space industry. Read more to learn how an “air gap” is created by a blockchain node or any other space-based node, effectively preventing unauthorized access and making it challenging for hackers to breach a computer traveling above Earth at speeds of approximately 17,000 miles per hour.

Zealy sprint winners

We are thrilled to announce the winners of the Zealy sprint for the month of July. These talented individuals have showcased their exceptional skills and dedication: Selista, montescuro, and Arjuna Debox.

A big thank you to all participants participating in the Zealy sprint. Your enthusiasm and hard work are truly commendable. We extend our heartfelt congratulations to the winners for their outstanding achievements! They have been rewarded with SPC tokens as a token of our appreciation.

To those who couldn’t secure a victory this time, don’t worry. We are committed to providing more opportunities for everyone to participate and showcase their talents.

Stay tuned for upcoming Zealy sprints and keep pushing your boundaries.

TECHNICAL PROGRESS

Phase 2 test and development

The technical team continued with the test and development activities of the SpaceChain handheld device, focusing on the project’s second phase. Rigorous testing procedures were implemented to identify and address potential issues to enhance the device’s performance.

Tensor G2 project

The Tensor G2 project aims to explore and develop cutting-edge technology for space missions. The team conducted preliminary research to identify the project’s scope and objectives. Various potential applications and technologies were assessed to ensure that the project aligns with the organization’s long-term goals and contributes to advancements in space technology.

This month, the Tensor G2 project’s early-stage research was actively in progress. The team focused on gathering relevant data and analyzing existing solutions. Further stages of research and development are planned to refine the project’s direction and approach.

Successful test execution

We have achieved a significant milestone by successfully executing a series of tests on the International Space Station node. The team is now preparing the final test report, which will document the test procedures, results, and key findings.

Check out our monthly report every first week of the month for SpaceChain’s latest news and progress.

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