SpaceChain
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SpaceChain September 2021 Report

Announcement

On 3 June 2021, SpaceChain sent an Ethereum blockchain-enabled into space aboard a SpaceX Falcon 9 rocket. After several months, the Ethereum blockchain hardware multisig wallet technology has finally been installed on the International Space Station (ISS) by a crew member on 14 August 2021. Now, SpaceChain can finally begin the testing.

Ethereum is currently one of the mainstream public blockchains in the world. This is the first demonstration of Ethereum hardware on the ISS.

With Ethereum’s smart contract platform running in outer space, it enables SpaceChain to fortify blockchain applications and transactions with enhanced security and immutability, and allows more users and developers to get involved with our technology.

SpaceChain recently signed a partnership with Spire Global, leading global provider of space-based data, analytics, and space services. Together, the two companies will be launching a mission to demonstrate the feasibility of blockchain technology computation in space and resolve land-based centralized infrastructure issues.

Spire will utilize its “SABERTOOTH” supercomputing module, the company’s fastest and most power-efficient embedded AI computing device, to fulfill a two-part mission with SpaceChain. Initially, Spire will 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.

Read the full press release:

The partnership was also covered by several publications:

Community Activities

Earlier in September, CEO Zee Zheng was invited to speak at Bloomberg RADAR 2021 — a annual dialogue series that convenes disruptive pioneers in government, business and finance advance the progressive ideas, innovative policies and world-changing philanthropies shaping our future.

If you missed the session, you can now watch it on https://bbgevent.app/radar2021/. Simply register yourself and watch the amazing thought leaders discuss how innovative ways like real-time data, blockchain and artificial intelligence will pave the way towards an exciting new era.

Technical Progress

  • Completed the uploading and deployment of the software package for Spire’s node.
  • Completed the joint testing of the BTC multisig on Spire’s node, which includes a 3 part operation — data uploading, execution on scheduled time, and downloads of execution results.
  • Delivered the space node software to the Spire team, which will be used for the on-orbit upload and early-stage deployment.
  • Carrying out secondary development of Ethereum Wallet.
  • Modified the ground server-side requirements in accordance with the on-orbit node.
  • Confirmed the schedule of the joint tests with Nanoracks.

Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter!

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