SpaceChain June 2023 Report

SpaceChain
SpaceChain
Published in
6 min readJun 30, 2023

ANNOUNCEMENTS

We’re a finalist

SpaceChain has been named a finalist in the 2023 Moxie Award. Finalists were recently announced by Katie Jordan, the 2023 Moxie Award chair.

“I want to congratulate our team for enabling us to be recognized among the boldest and most innovative organizations in the D.C. metro community,” said Cliff Beek, SpaceChain CEO.”

“This year’s finalists truly represent the spirit of Moxie, and we are excited to help tell the stories of how they have conducted their businesses in new and exciting ways,” Katie said. “We look forward to revealing the winners at the 2023 Moxie Award celebration on October 25, 2023, at The Ritz-Carlton in Tysons Corner.”

A complete list of finalists can be found at https://moxieaward.com/finalists/.

Join SpaceChain’s Zealy Sprint

Zealy Sprints are back and more vibrant than ever! From 19 June to 19 July, join the sprint and stand to win SPC tokens. The rules are simple: the more tasks you complete during the sprint, the higher your chances of securing a coveted spot among the top three positions.

Don’t miss out on this incredible opportunity to showcase your skills, determination, and drive. Take part in the Zealy Sprints today and embrace the challenge that awaits you. Be part of this electrifying event at https://zealy.io/c/spacearmy/invite/nhEuFB_e9FvplJJnee_Gw.

Remember, the race is on, and it’s time to prove your mettle. May the fastest and most tenacious prevail.

BUSINESS DEVELOPMENT

NVIDIA selects SpaceChain into the elite Inception Program

SpaceChain has been chosen by NVIDIA to join its prestigious Inception Program. This partnership will leverage NVIDIA’s cutting-edge AI, deep learning, and advanced computing technologies to enhance SpaceChain’s satellite operations and data processing capabilities, opening up exciting possibilities for innovation and advancement.

Join the space revolution

At SpaceChain, we’re working to revolutionize secure communications and transactions in space. As more companies explore the final frontier, there will be an increasing need for payment systems, communication networks, and other support infrastructure in space. Our vision is to create the foundation for this exciting new era of space exploration. Be part of this space revolution, email us at evan@spacechain.com.

COMMUNITY ACTIVITIES

Focusing on SpaceChain’s expertise

In June, during his talk at the University College of London, John C. Vernaleo, VP of Engineering at Bloq Inc, shared SpaceChain’s involvement in blockchain in Low Earth Orbit. The event highlighted the significance of blockchain technology in revolutionizing space activities. The talk fostered collaboration and knowledge-sharing, emphasizing our position as a leading force in the space technology landscape.

We’re featured in WIRED’s Middle East Spring Issue

In the latest Spring issue of WIRED Middle East, SpaceChain has been recognized as one of the pioneering space companies in the MENA region. The article highlights the efforts of innovators who are shaping new space technologies for the benefit of all.

WIRED’s publication focuses on our mission to bring secure communication and transactional services, such as digital banking, to the MENA region using our advanced satellite infrastructure. It showcases SpaceChain’s commitment to pushing the boundaries in various areas, including healthcare, energy and mineral exploration, Earth Observation, and handheld Mobile protocols.

As part of our ongoing efforts, we are actively working on making satellite imagery more accessible through cutting-edge technologies like Generative AI and Machine Learning.

Stay tuned as we continue our journey towards a more interconnected and secure future. We are excited to share more updates with you soon!

SpaceChain at the ISG SICE Summit

CEO Cliff Beek made a notable appearance at the prestigious ISG SICE Summit 2023, held in the vibrant city of Washington D.C. on June 15. The event provided an ideal platform for networking and fostering valuable connections within the industry.

Cliff’s participation in the ISG SICE Summit served as a testament to SpaceChain’s commitment to engaging with key stakeholders and industry leaders in the space and technology sectors. The summit, known for its exclusive gatherings of influential professionals, offered a unique opportunity for Cliff to share insights and exchange ideas with like-minded individuals.

Sharing our vision at the Fintech World Forum

On June 22, Director of Technology Ziheng Xiang took the stage as a distinguished speaker at the highly anticipated Fintech World Forum 2023 in London. The event attracted industry professionals and experts from around the globe and is an exceptional platform for networking and knowledge exchange among fintech enthusiasts and professionals.

Ziheng’s “Space Technology for Fintech Solutions” session delivered invaluable insights into the intersection of space technology and the fintech industry. Attendees also had the unique opportunity to gain first-hand knowledge and expertise on the role of space communications and storage in enhancing fintech security. Furthermore, Ziheng delved into the potential investment opportunities offered by earth observation in this rapidly evolving sector.

“The World Fintech Forum provided valuable insights into the latest advancements and industry requirements, enabling meaningful connections with fintech professionals,” said Ziheng Xiang.

Here are some pictures from the event.

TECHNICAL PROGRESS

More updates on the Tethys handheld device

The technical team completed the software verification and update for the next stage of the SpaceChain handheld device, as part of the second phase’s test and development.

Working on the EO project and mini game

Development of the EO project commenced this month, with progress being made on the development of the mini-game.

Testing on the ISS node is in progress

The team conducted testing on the space node function of the International Space Station (ISS) this month. Next month, the team will focus on testing blockchain transactions through the ISS node.

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

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